Detail

300 Washington, Pasadena CA | $1,765,000

  • 0 bedrooms
  • 0 bathrooms
  • 0 Sq Ft
  • 11119 Lot Sq Ft
  • Type: Commercial/Residential
  • Stories: 0
  • Year Built: 1961
  • MLS#: P1-19141
  • Community: 645 - Pasadena (NW)

Listing provided courtesy of Ramiro Rivas of The Agency. Last updated 2024-11-28 09:11:51.000000. Listing information © 2024 SANDICOR.

This 5-unit, single-story apartment complex in Pasadena features two-bedroom, one-bathroom units, offering a total interior space of 4,600 square feet on an 11,116 square foot lot. Fully occupied on month-to-month leases, the property has special PSR1 zoning, allowing for institutional use. Current rents yield a 4% cap rate, with potential for a 6.7% market cap rate. The front unit includes a two-car garage, while the remaining units have attached covered carports. Each unit is equipped with separate electricity and gas meters. The property also benefits from its prime location near the Rose Bowl, Old Town Pasadena, freeways, public transportation, and schools. Drive-by only--please do not disturb tenants or enter the property.

More Details

0.26 Acres

Michael Citrin​

Call or Text: 858-755-0075

    TESTIMONIALS

    Read about client's experience working with Michael Citrin

    Michael Citrin has been my professional real estate representative for the past 20 years when I moved to North County, San Diego. He has represented me in all of my homes - both sales and purchases, and he has also represented my family, friends and colleagues. Michael is exceptionally knowledgeable with regards to all areas of real estate, including related ancillary industries and I fully trust him. He is a trusted advisor and now a dear friend.

    - S.M.

    Michael Citrin has been my professional real estate representative for the past 20 years when I moved to North County, San Diego. He has represented me in all of my homes - both sales and purchases, and he has also represented my family, friends and colleagues. Michael is exceptionally knowledgeable?with regards to all areas of real estate, including related ancillary industries and I fully trust him. He is a trusted advisor and now a dear friend.

    - M.K.

    Extraordinary service! Purchased my 3rd home and Michael has been there since day one! The stress of finding the perfect home is lifted with Michael. You can definitely feel the passion whenever he speaks Real Estate. His passion fuels his eagerness to help you find your next home. His cheerful personality is contagious! Thanks for all that you do!

    - R.S.

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