300 West Washington Boulevard
$1,765,000
—
4,600
4,600
$384
Description
This 5-unit, single-story apartment complex in Pasadena features two-bedroom, one-bathroom units, offering a total interior space of 4,600 square feet on an 11,116 square foot lot. Fully occupied on month-to-month leases, the property has special PSR1 zoning, allowing for institutional use. Current rents yield a 4% cap rate, with potential for a 6.7% market cap rate. The front unit includes a two-car garage, while the remaining units have attached covered carports. Each unit is equipped with separate...This 5-unit, single-story apartment complex in Pasadena features two-bedroom, one-bathroom units, offering a total interior space of 4,600 square feet on an 11,116 square foot lot. Fully occupied on month-to-month leases, the property has special PSR1 zoning, allowing for institutional use. Current rents yield a 4% cap rate, with potential for a 6.7% market cap rate. The front unit includes a two-car garage, while the remaining units have attached covered carports. Each unit is equipped with separate electricity and gas meters. The property also benefits from its prime location near the Rose Bowl, Old Town Pasadena, freeways, public transportation, and schools. Drive-by only—please do not disturb tenants or enter the property.
- Listed by Ramiro Rivas • DRE #01406511 • The Agency
- Listed by Erica Rivas • DRE #01788685 • The Agency
Property Details for 300 West Washington Boulevard
Subdivision Name
Not Applicable
Garage Spaces2.00
Covered Spaces6.00
ViewNone
LISTING UPDATED: 11/25/2024 10:37 AM
Property Details for 300 West Washington Boulevard
Status | Active |
---|---|
MLS # | P1-19141 |
Days on Market | 88 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | $1,744 / month |
Compass Type | Mixed Use |
MLS Type | Residential Income / Combo - Res and Com |
Year Built | 1961 |
Lot Size | 0.26 AC / 11,119 SF |
County | Los Angeles County |
Building Information for 300 West Washington Boulevard
Stories-Residences-Year Built1961Lot Size0.26 AC / 11,119 SF
Property Information for 300 West Washington Boulevard
Property History for 300 West Washington Boulevard
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 300 West Washington Boulevard
Taxable ValueLand$1,248,480Additions$468,180Total$1,716,660
Tax Record2024$20,280 ($1,690 / month)
Home Facts
Total Finished SqFt4,600 SqFtAbove Grade Finished SqFt4,600 SqFtLot Size11,116 SqFtStyleMulti-Family Res (5+ Units)Year Built1961ZoningPSR1CountyLOS ANGELESAPN5728-013-044
Schools near 300 West Washington Boulevard
This home is within Pasadena Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Charter - | K to 8 |
Rating | School | Distance |
---|---|---|
Cleveland Elementary School PublicK to 5 | ||
Octavia E. Butler Magnet School Public6 to 8 | ||
John Muir High School Public9 to 12 | ||
Odyssey Charter School - South CharterK to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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