517 E Washington Blvd - Apartments FOR SALE
Pasadena, CA 91104 |
517 E Washington Blvd
Pasadena, CA 91104
HIGHLIGHTS
- Excellent high-quality asset with superb unit-mix only minutes away from Old Town Pasadena, Rose Bowl, and FWY 210
- Significant rental upside with proforma CAP Rate of 6.73%
- 4 detached houses and 6 apartment buildings on a large R3 zoned lot
- Bungalows have laundry hookups, each unit has newer Central A/C & heating system (2009), semi-private porch and backyard.
- Recently replaced roofs, central A/C and heating, and many more capital improvements completed in 2008-2009
- Large lot size with ample parking (garage + open + tandem), storage cabinets in garage
FOR SALE DETAILS
PRICE
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# OF UNITS
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CAP RATE
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% LEASED
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BUILDING DETAILS
PROPERTY NAME
10-unit (4 houses+6 apt) - MONTANO VILLAS
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Garden
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
8340
STORIES
2
YEAR BUILT
1949
PARKING SPACES
10
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
5838-040-015
