485 E Washington Blvd - Apartments FOR SALE
Pasadena, CA 91104 |
485 E Washington Blvd
Pasadena, CA 91104
HIGHLIGHTS
- Excellent Unit Mix Featuring One-, Two-, and Three-Bedroom Floor Plans | Average Unit Size of 693 Square Feet
- Property Amenities Include: Open Grass Courtyard, Mature Landscaping, an On-Site Laundry Facility, and Ample Off-Street Open and Carport Parking
- Superb Amenities Located within Minutes: Shopping & Lifestyle, Arts & Museums, Downtown Pasadena
- Significant Potential for Rental Upside – Opportunity for Approximately 22% Rental Growth to Achieve Market Rents
- Offering at 4.60% Cap Rate on Current Income, 6.12% Cap Rate at Market Rents
- Centrally Located with Convenient Access to 210, 134, 110, 2 and 5 Freeways Connecting to all of Los Angeles County, Ventura County, and Beyond
FOR SALE DETAILS
PRICE
-
# OF UNITS
-
CAP RATE
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% LEASED
-
BUILDING DETAILS
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Garden
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
13859
STORIES
1
YEAR BUILT
1950
PARKING SPACES
20
LAND DETAILS
LAND ACRES
-
LAND SF
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ZONING
-
APN/PARCEL ID
5838-040-010
