2152 E Washington, Pasadena, CA 91104
2152 E Washington, Pasadena, CA 91104
2152 E Washington, Pasadena, CA 91104
2152 E Washington, Pasadena, CA 91104
2152 E Washington, Pasadena, CA 91104
2152 E Washington, Pasadena, CA 91104
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Vikas Shah

Vikas Shah

+1(408) 650-3463
Listed by Susan Cook, DRE #02015404 • COMPASS
$ 1,350,000
Est. payment | /mo

8,118 Sqft Lot

Save
$ 1,350,000
Est. payment | /mo
Save

8,118 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRAR26168649

Style Cottage,Traditional

Year Built 1948

Lot Size 8,118 Sqft

Property Sub-Type Fourplex

Source California Regional MLS

Property 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.

Location

State CA

County Los Angeles

Area 646 - Pasadena (Ne)

Rooms

Kitchen Oven Range - Gas, Refrigerator

Interior

Heating Forced Air, Wall Furnace

Cooling Window / Wall Unit

Laundry Gas Hookup, Laundry Area, 30, Washer, Dryer

Exterior

Parking Features Assigned Spaces, Detached Garage, Other

Garage Spaces 5.0

Pool 31, None

View Hills

Roof Type 2

Building

Water Hot Water, District - Public

Architectural Style Cottage, Traditional

Others

Tax ID 5743002009

Special Listing Condition Not Applicable

MLS Listing IDX PLUS
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Nearby Locations

Vikas Shah

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(408) 650-3463

vikas@findbayhomes.com

2445 Augustine Dr, Santa Clara, CA 95054, USA

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2152 E Washington