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About the Listing 30824 - AR42135
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.
Listing Highlights
Interior Details
- Bedrooms: 4
- Bathrooms: 4 Full
- Appliances: Gas Range, Refrigerator, Water Heater, Dryer, Washer
- Air Cond: Wall/Window Unit(s)
- Heating: Forced Air,Wall Furnace
- Fireplaces:
- Floor: Tile,Wood
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other: All Bedrooms Down
- Water: Public
Exterior Details
- Lot Description: 0-1 Unit/Acre,No Land Lease
- Garage Capacity: 1 car
- Parking Spaces: 5
- Roof: Asphalt
- Others: Turnkey,Stone,Stucco,2+ Total Units
- Sewer: Public Sewer
- Parking Features: Assigned,Asphalt,Detached Carport,Driveway,Paved
Financial Details
- Tax Amount: $13,001
- Taxes w/Assessments: N/A
- Tax/Property ID: 5743002009
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
2152 E Washington Pasadena, CA 91104
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