Detail

485 Washington, Pasadena CA 91104 | $5,195,000

  • 0 bedrooms
  • 0 bathrooms
  • 0 Sq Ft
  • 38252 Lot Sq Ft
  • Type:
  • Stories: 1
  • Year Built: 1948
  • MLS#: 24456721
  • Community: 646 - Pasadena (NE)

Listing provided courtesy of Alexander Metaxas of Realty Investment Advisors, Inc.. Last updated 2024-11-23 09:11:38.000000. Listing information © 2024 SANDICOR.

5% Cap Current Rents with this multifamily investment opportunity with significant UPSIDE! With a large lot of about 38,240 square feet there is great potential for ADU possibilities. With mostly ideal single-story floor plans offering a unit mix of One 3Bed+2bath, Three 2Bed+2bath and 16 spacious 1Bed+1bath units. 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, mature landscaping, an on-site laundry facility, and ample off-street parking, including carport options. This bread and butter apartment property is a money maker and secure long-term investment play and excellent 1031 exchange opportunity.

More Details

0.88 Acres
1 Story

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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