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Exterior
Living
Bath
Kitchen
Dining
Other
Bedroom

241 E Washington Blvd, Pasadena, CA 91104

$1,337,202
Last sold 09/11/2024 for $1M
7
bed
5
bath
3,217
Sqft ($311/Sqft)

Multi-family not for sale

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About 241 E Washington Blvd

Property type Multi-family

Neighborhood

Year built 1947

HOA fee $0/month

Lot size 6,345 Sqft

Movoto estimate

Property description

Reduced!!! Wow! Check your numbers at this price!! This Pasadena 5-unit building will pay for itself!!! While still offering a upside potential!! Each unit comes with its own designated parking spot in the rear, ensuring hassle-free parking for tenants. Upon entering the property, you'll find two units: one featuring 2 bedrooms and 1 bathroom, and the other offering 1 bedroom and 1 bathroom completely remodeled. The units upstairs have the same layout as below. Separate from the other units is a quaint 1 bedroom, 1 bathroom apartment with a courtyard in front, offering a sense of privacy and exclusivity. Additionally, the property boasts a garage/ carport area off the back alley. Located in close proximity to schools, parks, trails, and the charming Old Town Pasadena, this property promises a lifestyle of ease and enjoyment for its residents. Don't miss out on this incredible opportunity to own a piece of Pasadena's thriving real estate market and the endless possibilities this property has to offer!

Listed by

Listing Agent - Teresa Taylor

Listing Office - Keyholder Estate

Source: The MLS

MLS#24-376253 • last updated 1 year ago

Movoto checked The MLS for data 1 minute ago

Overview
Levels/Style	Two
MLS #	24-376253
Type	Residential Income
Status	Sold
SqFt	3217
Lot Size (SqFt)	6345
Lot Size (Acres)	0.1457
Tax (Mello-Roos)	No
Year Built	1947

Interior
Bathroom Desc	Shower Over Tub
Total # of Baths	5
Total # of Bedrooms	7

Exterior
# Parking Spaces	5
Parking Desc	Assigned, Uncovered
Add'l Structures	None
Lot Location	Hilltop

Amenities / Utilities
Water	Public
Sewer/ Septic	In Street
Water Heater	Gas
Equipment	None
Pool	None

Location
County	Los Angeles
Waterfront	None
View	None
Zoning	PSR1
APN	5729-011-001

Multifamily Details
Tenant Pays	Gas, Electricity
Unit 5: # Baths	1
Unit 3: Furnished	No
Unit 1: Furnished	No
Unit 4: Furnished	No
Unit 5: Furnished	No
Unit 3: Projected Rent	1850
Unit 1: Projected Rent	1850
Unit 1: # Beds	1
Unit 4: # Beds	2
Unit 1: Rent	2400
Unit 2: Rent	1635
Unit 3: Rent	600
Unit 4: Rent	1635
Unit 5: Rent	1600
Owner Pays	Water, Gardener
Unit 2: Furnished	No
Unit 2: Projected Rent	1850
Unit 5: Projected Rent	2000
Unit 4: Projected Rent	2000
Unit 3: # Beds	1
Unit 2: # Beds	2
Unit 2: # Baths	1
Unit 3: # Baths	1
Unit 1: # Baths	1
Unit 4: # Baths	1
Unit 5: # Beds	1
Unit 4: Actual Rent	1635
Unit 2: Actual Rent	1635
Unit 3: Actual Rent	600
Unit Type	2106, 2107, 2108, 2109, 2110
Unit 5: Actual Rent	1600
Unit 1: Actual Rent	2400
Total # Of Buildings	1
Total Rent	7870
Annual Gross Income	94440
Net Operating Income	6870
Annual Rent	94440
Cap Rate	6.7
Gross Income	7870
Gross Operating Income	7870
Gross Rent Multiplier	13.2
Total Annual Expenses	1000