485 E Washington Blvd

24
Baths
13,859 Sq. Ft.
$337 / Sq. Ft.
13,859
Sq. Ft.
$337
per Sq. Ft.

Description

Super strong rental location of Pasadena with low maintenance type buildings. Two single-story buildings offering a unit mix of One 3Bed+2bath, Three 2Bed+1bath and 16 spacious 1Bed+1bath units and NO SOFT-STORY. 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, an on-site laundry facility that yields a steady flow of...Super strong rental location of Pasadena with low maintenance type buildings. Two single-story buildings offering a unit mix of One 3Bed+2bath, Three 2Bed+1bath and 16 spacious 1Bed+1bath units and NO SOFT-STORY. 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, an on-site laundry facility that yields a steady flow of income with open and carport parking.
  1. Listed by Alexander Metaxas • DRE #01784652 • Brokerage DRE #01438644 • Realty Investment Advisors, Inc.
  2. Listed by Benjamin J. Hsiang • DRE #01438644 • Brokerage DRE #01438644 • Realty Investment Advisors, Inc.

Property Details for 485 East Washington Boulevard

Zoning
PSR3
Parcel Number
5838040010
Total Units
20.0
Living Area
13859
Source Living Area
Assessor
Area
Pasadena NE (646)
Vacancy Rate
0
Lot Size Area
38252
LISTING UPDATED: 12/23/2025 10:51 AM

Property Details for 485 East Washington Boulevard

StatusSold
MLS #24-456721
Days on Market371
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1948
Lot Size0.88 AC / 38,252 SF
CountyLos Angeles County

Location

Listing Courtesy of Realty Investment Advisors, Inc., Alexander Metaxas, DRE #01784652; Realty Investment Advisors, Inc., Benjamin J. Hsiang, DRE #01438644

Sold By Kobeissi Properties, Mike Kobeissi, DRE #01011211

Add your commute

Building Information for 485 East Washington Boulevard

Stories1Residences-Year Built1948Building Size-Lot Size0.88 AC / 38,252 SF

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OriginPoint Mortgage or Rocket Mortgage1

$24,337 per month

30 year fixed, 6.15% Interest

Principal and Interest

$22,785

Property Taxes

$1,552

HOA Dues

$0

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Property Information for 485 East Washington Boulevard

Community / Development
Community / Development
  • Number Of Units: 20
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Assessor
  • Number Of Stories: 1
  • Number Of Buildings: 4
  • Type Of Units: Apartments
  • Water Heaters: Yes
Contract Info
Contract Info
  • Disclosures: None
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $454,681
  • Net Operating Income: $454,681.00
  • Gross Income: $468,743
  • Cap Rate: 6.40%
  • Gross Rent Multiplier: $9.97
  • Total Annual Expense: 153221
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.8781
  • Lot Size Square Feet: 38252
Parking Details
Parking Details
  • Parking Garage: Carport, Uncovered
  • Total Parking: 20
  • Parking Features: Carport, Uncovered
Interior Features
Interior Features
  • Levels: One
  • Cooling: Wall Unit(s), Wall/Window
  • Cooling Type: Wall Unit(s), Wall/Window
  • Heating: Wall
  • Heating Type: Wall
  • Equipment: Range/Oven
  • Laundry: Laundry Area
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 10-24-2024
Unit Details
Unit 1 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $28,860.00
  • Unit Projected Rent: $33,600.00
  • Like Units: 16
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $6,556.00
  • Unit Projected Rent: $7,500.00
  • Like Units: 3
Unit 3 Information
  • Unit Beds: 3
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $3,200.00
  • Unit Projected Rent: $3,200.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $590,914.00
  • Assessed Improvement Percent: 51.95
  • Assessed Land Value: $546,590.00
  • Assessed Land Percent: 48.05
  • Assessed Total Value: $1,137,504.00

Property History for 485 East Washington Boulevard

DateEvent & SourcePriceAppreciation
Dec 23, 2025

Sold

CRMLS #24456721

$4,675,000—
Dec 23, 2025

Sold

CLAW #24-456721

—
Dec 8, 2025

Pending

CRMLS #24456721

—
Dec 8, 2025

Pending

CLAW #24-456721

—
Dec 3, 2025

Sold (Public Record)

Public Record #1923684391

$4,675,000—
Sep 17, 2025

Price Change

CLAW #24-456721

$4,850,000—
Sep 17, 2025

Listed (Active)

CLAW #24-456721

$5,195,000—
Sep 15, 2025

Price Change

CRMLS #24456721

$4,850,000—
Sep 15, 2025

Price Change

CLAW #24-456721

$4,850,000—
Aug 28, 2025

Accepting Backup Offers

CLAW #24-456721

—
Aug 28, 2025

Accepting Backup Offers

CRMLS #24456721

—
Jul 15, 2025

Price Change

CLAW #24-456721

$4,990,000—
Jul 15, 2025

Listed (Active)

CLAW #24-456721

$5,195,000—
Jul 11, 2025

Accepting Backup Offers

CLAW #24-456721

—
May 16, 2025

Price Change

CLAW #24-456721

$4,990,000—
May 16, 2025

Listed (Active)

CLAW #24-456721

$5,195,000—
Apr 11, 2025

Withdrawn / Cancelled

CLAW #24-456721

—
Apr 11, 2025

Withdrawn / Cancelled

CRMLS #24456721

$4,998,000—
Dec 17, 2024

Price Change

CLAW #24-456721

$4,998,000—
Dec 13, 2024

Listed (Active)

CLAW #24-456721

$5,195,000—
Dec 9, 2024

Hold

CRMLS #24456721

—
Oct 24, 2024

Hold

CLAW #24-456721

—
Oct 24, 2024

Listed (Active)

CLAW #24-456721

$5,195,000—
Oct 24, 2024

Listed (Active)

CRMLS #24456721

$5,195,000—
May 17, 2024

Withdrawn / Cancelled

CRMLS #CV24052236

$5,695,000—
May 17, 2024

Withdrawn / Cancelled

SDMLS #CV24052236

—
May 17, 2024

Withdrawn / Cancelled

CLAW #CV24052236MR

—
May 4, 2024

Expired

SDMLS #CV24052236

—
Mar 14, 2024

Listed (Active)

SDMLS #CV24052236

$5,695,000—
Mar 14, 2024

Listed (Active)

CLAW #CV24052236MR

$5,695,000—
Mar 14, 2024

Listed (Active)

CRMLS #CV24052236

$5,695,000—
Oct 1, 2023

Expired

CRMLS #CV23054989

$6,249,000—
Sep 30, 2023

Expired

CLAW #CV23054989MR

$6,249,000—
Aug 7, 2023

Withdrawn / Cancelled

CRMLS #CV23054989

—
Aug 7, 2023

Expired

SDMLS #CV23054989

—
Aug 7, 2023

Withdrawn / Cancelled

CLAW #CV23054989MR

—
Aug 7, 2023

Withdrawn / Cancelled

SDMLS #CV23054989

—
May 11, 2023

Price Change

CRMLS #CV23054989

$6,249,000—
Apr 3, 2023

Listed (Active)

SDMLS #CV23054989

$6,350,000—
Apr 3, 2023

Listed (Active)

CLAW #CV23054989MR

$6,350,000—
Apr 3, 2023

Listed (Active)

CRMLS #CV23054989

$6,350,000—
DateEvent & SourcePrice
12/23/2025

Sold

CRMLS #24456721

$4,675,000
12/23/2025

Sold

CLAW #24-456721

—
12/08/2025

Pending

CRMLS #24456721

—
12/08/2025

Pending

CLAW #24-456721

—
12/03/2025

Sold (Public Record)

Public Record #1923684391

$4,675,000
09/17/2025

Price Change

CLAW #24-456721

$4,850,000
09/17/2025

Listed (Active)

CLAW #24-456721

$5,195,000
09/15/2025

Price Change

CRMLS #24456721

$4,850,000
09/15/2025

Price Change

CLAW #24-456721

$4,850,000
08/28/2025

Accepting Backup Offers

CLAW #24-456721

—
08/28/2025

Accepting Backup Offers

CRMLS #24456721

—
07/15/2025

Price Change

CLAW #24-456721

$4,990,000
07/15/2025

Listed (Active)

CLAW #24-456721

$5,195,000
07/11/2025

Accepting Backup Offers

CLAW #24-456721

—
05/16/2025

Price Change

CLAW #24-456721

$4,990,000
05/16/2025

Listed (Active)

CLAW #24-456721

$5,195,000
04/11/2025

Withdrawn / Cancelled

CLAW #24-456721

—
04/11/2025

Withdrawn / Cancelled

CRMLS #24456721

$4,998,000
12/17/2024

Price Change

CLAW #24-456721

$4,998,000
12/13/2024

Listed (Active)

CLAW #24-456721

$5,195,000
12/09/2024

Hold

CRMLS #24456721

—
10/24/2024

Hold

CLAW #24-456721

—
10/24/2024

Listed (Active)

CLAW #24-456721

$5,195,000
10/24/2024

Listed (Active)

CRMLS #24456721

$5,195,000
05/17/2024

Withdrawn / Cancelled

CRMLS #CV24052236

$5,695,000
05/17/2024

Withdrawn / Cancelled

SDMLS #CV24052236

—
05/17/2024

Withdrawn / Cancelled

CLAW #CV24052236MR

—
05/04/2024

Expired

SDMLS #CV24052236

—
03/14/2024

Listed (Active)

SDMLS #CV24052236

$5,695,000
03/14/2024

Listed (Active)

CLAW #CV24052236MR

$5,695,000
03/14/2024

Listed (Active)

CRMLS #CV24052236

$5,695,000
10/01/2023

Expired

CRMLS #CV23054989

$6,249,000
09/30/2023

Expired

CLAW #CV23054989MR

$6,249,000
08/07/2023

Withdrawn / Cancelled

CRMLS #CV23054989

—
08/07/2023

Expired

SDMLS #CV23054989

—
08/07/2023

Withdrawn / Cancelled

CLAW #CV23054989MR

—
08/07/2023

Withdrawn / Cancelled

SDMLS #CV23054989

—
05/11/2023

Price Change

CRMLS #CV23054989

$6,249,000
04/03/2023

Listed (Active)

SDMLS #CV23054989

$6,350,000
04/03/2023

Listed (Active)

CLAW #CV23054989MR

$6,350,000
04/03/2023

Listed (Active)

CRMLS #CV23054989

$6,350,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 485 East Washington Boulevard

Taxable ValueLand$568,671Additions$616,786Total$1,185,457
Tax Record2025$18,624 ($1,552 / month)
Home Facts
Total Finished SqFt13,859 SqFtAbove Grade Finished SqFt13,859 SqFtLot Size38,240 SqFtStyleMulti-Family Res (5+ Units)Year Built1910ZoningPSR3CountyLOS ANGELESAPN5838-040-010

Schools near 485 East 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 - 7 to 12
Rating
School
Distance
Longfellow (Henry W.) Elementary School
PublicK to 5

Eliot Arts Magnet
Public6 to 8

John Muir High School
Public9 to 12

Learning Works School
Charter7 to 12

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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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Realty Investment Advisors, Inc., Alexander Metaxas, DRE #01784652; Realty Investment Advisors, Inc., Benjamin J. Hsiang, DRE #01438644

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.