Movoto Real Estate
Sold on 12/08/2025
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  • View/Area

485 E Washington Blvd, Pasadena, CA 91104

  • $4,675,000

    Last sold 12/08/2025 after 409 Days

  • 25

    bed

  • 24

    bath

  • 13,859

    Sqft ($337/Sqft)

Multi-family not for sale
Movoto is helping 25 homebuyers near you

About 485 E Washington Blvd

Property type Multi-family
Neighborhood
Year built 1948
HOA fee $0/month
Lot size 0.88 Acre
Property 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 income with open and carport parking.
Listed by
Listing Agent - Alexander Metaxas
Listing Office - Realty Investment Advisors, Inc.
Source: The MLS mls logo
MLS#24-456721 • last updated 5 months ago
Movoto checked The MLS for data 8 minutes ago
Overview
Levels/Style One
MLS # 24-456721
Type Residential Income
Status Sold
SqFt 13859
Lot Size (SqFt) 38252
Lot Size (Acres) 0.8781
Year Built 1948
Interior
Total # of Baths 24
Total # of Bedrooms 25
Exterior
# Parking Spaces 20
Parking Desc Carport, Uncovered
Add'l Structures None
Amenities / Utilities
Equipment Range/Oven
Location
County Los Angeles
Zoning PSR3
APN 5838-040-010
Multifamily Details
Unit 3: Furnished No
Unit 1: Furnished No
Unit 3: Projected Rent 3200
Unit 1: Projected Rent 33600
Unit 1: # Beds 1
Unit 2: Furnished No
Unit 2: Projected Rent 7500
Unit 3: # Beds 3
Unit 2: # Beds 2
Unit 2: # Baths 1
Unit 3: # Baths 2
Unit 1: # Baths 1
Unit 2: Actual Rent 6556
Unit 3: Actual Rent 3200
Unit Type 2106, 2107, 2108
Unit 1: Actual Rent 28860
Total # Of Buildings 4
Net Operating Income 454681
Cap Rate 6.4
Gross Income 468743
Gross Operating Income 454681
Gross Rent Multiplier 9.97
Total Annual Expenses 153221
  • Dec 2025
    mls logo MLS # 24456721
  • Dec 23, 2025 Sold
    $4,675,000 (-6.3%)
  • Dec 8, 2025 Pending
  • Jul 11, 2025 Active
  • May 16, 2025 Price Change
    $4,990,000 (-0.2%)
  • Dec 17, 2024 Price Change
    $4,998,000 (-3.8%)
  • Oct 24, 2024 Listed
    $5,195,000 (-8.8%)
  • Mar 2024
    mls logo MLS # CV24052236
  • Mar 14, 2024 Listed
    $5,695,000 (-8.9%)
  • May 2023
    mls logo MLS # CV23054989
  • May 11, 2023 Price Change
    $6,249,000 (-1.6%)
  • Apr 3, 2023 Listed
    $6,350,000
  • 485 E Washington Blvd
    $4.67M
  • Normandie Heights
    $1.67M +84% y/y
  • 91104
    $1.39M +7% y/y
  • Pasadena
    $1.17M -9% y/y
No chart available
Statistics calculated by Movoto

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4/10
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Source: GreatSchools.org © 2026. All rights reserved.

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  • Real Estate
  • CA
  • Los Angeles County
  • Pasadena
  • 91104
  • Normandie Heights
  • 485 E Washington Blvd
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