Listing provided courtesy of Alexander Metaxas of Realty Investment Advisors, Inc.. Last updated 2024-11-26 09:11:19.000000. Listing information © 2024 Sandicor.

Log in to save favorites

Asking Price: $5,195,000

485 Washington, Pasadena CA 91104

Community: 646 - Pasadena (NE)

This property was built in 1948 and is priced at $5,195,000. Please see the additional details below.

0 Sq Ft
0 bathrooms
0 bedrooms
MLS#: 24456721
Type:
Year Built: 1948

5% Cap Current Rents with this multifamily investment opportunity with significant UPSIDE! With a large lot of about 38,240 square feet there is great potential for ADU possibilities. With mostly ideal single-story floor plans offering a unit mix of One 3Bed+2bath, Three 2Bed+2bath and 16 spacious 1Bed+1bath units. Each unit is equipped with wall-mounted air conditioning and heating, a mix of tile and carpet flooring, and expansive kitchens with gas oven/stove combinations. The property is well-maintained, showcasing an open grass courtyard, mature landscaping, an on-site laundry facility, and ample off-street parking, including carport options. This bread and butter apartment property is a money maker and secure long-term investment play and excellent 1031 exchange opportunity.

Call or Email Ever Eternity now to inquire about this property

858-688-4113

Information

Address:	1111 Prospect St, Suite 100 La Jolla CA 92037
Phone:	858-688-4113
E-mail:	Send a Message
DRE#:	01794847

Useful Links

Contact Me

Sotheby's International Realty® is a registered trademark licensed to Sotheby's International Realty Affiliates llc. an equal opportunity company. equal housing opportunity.
Each office is independently owned and operated. DRE# 01213323.

This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. before making any other decision, you should personally investigate the facts (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the internet data exchange (idx) service provided by sandicor®. displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. compilation © 2017 Sandicor®, inc.