2152 E Washington,Pasadena, CA 91104
Pasadena, CA 91104
Description
Exceptional four-unit investment property in the prime Pasadena neighborhood of Brigden Ranch. Current CAP Rate 5% with excellent upside potential. This fully occupied multi-family property offers immediate, stable cash flow from day one with significant long-term rent upside. Built in 1948, this well-maintained property offers 2,376 square feet of living space on a spacious 8,100 square foot lot with ample parking, offering a diverse mix of two 1 bedroom/1 bath units, one 2 bedroom/1 bath unit, and a cozy studio. Potential to easily convert the studio to a 1 bedroom/1 bath unit for more than double the income. The generous lot size offers plenty of room for parking and possibly adding an additional unit. With quick access to the 210 Freeway, this property is situated in the highly accessible northern Pasadena neighborhood of Brigden Ranch, close to local parks, popular restaurants, local shopping, and public transportation lines. With it's desirable location, well maintained units, and stable tenant base, this investment opportunity offers immediate returns and excellent upside potential.
Details
| MLS # | AR26168649 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1948 |
| Days On Site | 92 |
| Listing Provided By | COMPASS | Susan Cook |
Features
| SQ Feet | 2,376 |
|---|---|
| Garage | 1 |
| Car Port | Yes |
| Story(s) | 2 |
| Units | 4 |
| Building(s) | 2 |
| Acreage | 0.19 |
| Property View | Yes |
Interior
| Cooling | Wall Window Units |
|---|---|
| Heating | Forced Air, Wall Furnace |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Interior Features | All Bedrooms Down |
| Appliances | Gas Range, Refrigerator, Water Heater, Dryer, Washer |
| Fireplace Yes / No | No |
Exterior
| Roof | Asphalt |
|---|---|
| Construction Materials | Stone, Stucco |
| Lot Features | Zero To One Unit Acre |
| Fencing | Wood |
Parking
| Parking Features | Assigned, Asphalt, Detached Carport, Driveway, Paved |
|---|---|
| Garage Yes / No | Yes |
Utilities
| Utilities | Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected |
|---|---|
| Electric | Standard |
| Sewer | Public Sewer |
Location
| Community Features | Curbs, Foothills, Hiking, Park, Street Lights, Suburban, Sidewalks |
|---|
Taxes
| Property | 13001 |
|---|
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | Pasadena |
| Zip Code | 91104 |
| Area | 646 Pasadena (NE) |
| Listing VS Median (in 91104) | |
Price: $1,350,000 low | high Med: $1,214,500 sqft: 2,376 low | high Med: 1,677 $ / sqft: $568 low | high Med: $732 On site: 92 low | high Med: 43 | |
Market Activity 91104
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Pasadena |
| Zip Code | 91104 |
| Area | 646 Pasadena (NE) |
| Listing VS Median (in 91104) | |
Price: $1,350,000 low | high Med: $1,214,500 sqft: 2,376 low | high Med: 1,677 $ / sqft: $568 low | high Med: $732 On site: 92 low | high Med: 43 | |
 | $1,350,0002047 Galbreth RoadPasadena, CA 91104 |