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485 Washington Boulevard

Pasadena, CA 91104

$5,695,000

Listed Price
N/A

bed Beds

N/A

shower Baths

N/A sqft

straighten $410 / sqft

1950

calendar_month Built

Property Description

We are proud to exclusively present a multifamily opportunity to acquire 485 East Washington Boulevard in the city of Pasadena. 485 East Washington Boulevard is situated between Los Robles Avenue and El Molino Avenue just two blocks west of North Lake Avenue. The property is within walking distance to grocery stores, restaurants, parks, and schools. The property is also within minutes to essential city frequented locations—Shops on Lake, The Paseo, Pasadena Plaza, Oldtown Pasadena, Pasadena City College, California Institute of Technology, Jet Propulsion Laboratory, Art Center College of Design, Kidspace Children’s Museum, and Eaton Canyon Nature Center. The city of Pasadena is ideally located within Southern California and offers easy and convenient access to all of Los Angeles County, Ventura County, San Bernardino County and beyond through the 210, 134, 110, 2 and 5 freeways as well as the Lake Avenue Gold Line Metro Rail station. Significant local landmarks within a 20-mile radius include: The Huntington Library, The Rose Bowl, Dodger Stadium, Crypto.com Arena, Santa Anita Park, Griffith Observatory, Los Angeles Zoo, Hollywood Walk of Fame, Hollywood Bowl, Universal Studios, and more. 485 East Washington Boulevard is situated on a large lot of approximately ±38,240 square feet. The majority of the units consist of spacious, highly sought-after, single-story floorplans and all units are comprised of wall air conditioning and heating, tile and carpet flooring, and spacious kitchens with gas oven/stove combination units. The property is well-maintained and features an open grass courtyard, mature landscaping, an on-site laundry facility, and ample off-street open and carport parking. 485 East Washington Boulevard is a prime Pasadena income-producing property and a great long-term investment. The property is in a highly desirable area and offers stability for any type of investor whether it may be a first-time purchaser, seasoned investor, or those seeking a 1031 exchange opportunity.

Interior Features

Bedroom Information
Bedrooms N/A
Bathroom Information
Bathrooms N/A
Interior Information
Cooling Type Wall/Window Unit(s)

Listing Information

Address 485 Washington Boulevard
City Pasadena
State CA
Zip 91104
County Los Angeles
Listing Agent ERIC CHEN DRE#01489184
Courtesy Of CB RICHARD ELLIS
MLS CV24052236
List Price $5,695,000
Status Active
Type Residential Income
Subtype Apartment
Structure Size N/A
Lot Size 38,240
Year Built 1950
DOM 44

Exterior Information

Maps

home_work Nearby Properties

Image

$200,000

king_bed N/A
shower N/A
straighten N/A
straighten N/A
586 Washington Boulevard,

Marina del Rey, CA 90292
Image

$1,455,000

king_bed 3
shower 2
straighten 1,383
straighten 9,535
547 Douglas Street,

Pasadena, CA 91104
Image

$1,650,000

king_bed N/A
shower N/A
straighten N/A
straighten 6,345
241 Washington Boulevard,

Pasadena, CA 91104
Image

$1,149,999

king_bed 4
shower 3
straighten 2,206
straighten 5,085
239 Robinson Road,

Pasadena, CA 91104
Image

$3,000/month

king_bed N/A
shower N/A
straighten N/A
straighten 8,287
778 Washington Boulevard,

Pasadena, CA 91104

Listing information courtesy of: ERIC CHEN, CB RICHARD ELLIS . *Based on information from the Association of REALTORS/Multiple Listing as of Apr 26th, 2024 at 4:21 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.