300 West Washington Boulevard

Pasadena, CA 91103

$1,650,000
Last Sold Price
10
Beds
5
Baths
4,600 Sq. Ft.
$359 / Sq. Ft.
4,600
Sq. Ft.
$359
per Sq. Ft.

Description

5-Unit Single-story apartment situated in Pasadena, CA, near the Rose Bowl. Total size 4,600 square feet on a 11,116 square feet lot. Separate electricity and gas meters. This is a value-add opportunity, currently below market rents with 27% potential upside income based on fair market rents; 100% occupied. Zoning RM-16. There is also a 2-car garage for a future potential accessory dwelling unit (ADU). Buyer and buyer’s agent are responsible to verify the accuracy all information that pertains to...5-Unit Single-story apartment situated in Pasadena, CA, near the Rose Bowl. Total size 4,600 square feet on a 11,116 square feet lot. Separate electricity and gas meters. This is a value-add opportunity, currently below market rents with 27% potential upside income based on fair market rents; 100% occupied. Zoning RM-16. There is also a 2-car garage for a future potential accessory dwelling unit (ADU). Buyer and buyer’s agent are responsible to verify the accuracy all information that pertains to buyer’s investigation. Drive by only. Tenants are unaware of the sale, please do not disturb tenants. Do not go onto the property.
  1. Listed by JONATHAN HUA • DRE #01485938 • Brokerage DRE #01864766 • MANREALTY.COM
  2. Listed by PHILIP CHANG • DRE #01870805 • Brokerage DRE #01864766 • MANREALTY.COM

Property Details for 300 West Washington Boulevard

Parking Spaces Total
6
Private Pool
No
Total Units
5.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
4600
Assessor Parcel Number
5728-013-044
Property Attached YN
false

Location

Listing Courtesy of MANREALTY.COM, JONATHAN HUA, DRE #01485938; MANREALTY.COM, PHILIP CHANG, DRE #01870805

Sold By Marcus & Millichap, Jeffrey Louks, DRE #00908473

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LISTING UPDATED: 10/11/2021 03:06 AM

Property Details for 300 West Washington Boulevard

StatusClosed
MLS #WS21119759
Days on Market52
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1961
CountyLos Angeles County

Location

Listing Courtesy of MANREALTY.COM, JONATHAN HUA, DRE #01485938; MANREALTY.COM, PHILIP CHANG, DRE #01870805

Sold By Marcus & Millichap, Jeffrey Louks, DRE #00908473

Add your commute

Building Information for 300 West Washington Boulevard

Building/Complex300 W Washington BlvdFloor-Stories1Residences-Pet Policy-Year Built1961Building Size-

Payment Calculator

$10,681 per month

30 year fixed, 7.25% Interest

Principal and Interest

$9,005

Property Taxes

$1,676

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 300 West Washington Boulevard

Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $96,600
  • Gross Scheduled Income: $96,600
  • Net Operating Income: $57,790
  • Financing: Conventional
Expense Details
  • Operating Expense: $38,810
  • New Taxes Expense: $21,250
  • Gardener Expense: $1,200
  • Fuel Expense: $0
  • Insurance Expense: $3,162
  • Professional Management Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $7,250
  • Total Expenses: $38,810
Tax / Assessment Info
  • Tax Block: A
  • Tax Tract Number: 0
  • Tax Census Tract: 4616.00
  • Tax Lot: 19
Community / Development
Community / Development
  • Community Features: Suburban
Property / Structure Info
Interior Features
  • Laundry Features: None, Gas & Electric Dryer Hookup
Exterior Features
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Lot 10000-19999 Sqft
  • Number Of Units: 5
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: One
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 2
  • Parking: Yes
  • Parking Garage: Carport
  • Parking Garage Spaces: 2
  • Carport Spaces: 4
  • Parking Features: Carport
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $24,000
  • Unit Type Total Rent: $2,000
  • Unit Type Pro Forma: 2058
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $16,800
  • Unit Type Total Rent: $1,400
  • Unit Type Pro Forma: 2058
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $19,200
  • Unit Type Total Rent: $1,600
  • Unit Type Pro Forma: 2058
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $16,800
  • Unit Type Total Rent: $1,400
  • Unit Type Pro Forma: 2058
  • Unit Type Type: 4
Unit 5
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $19,800
  • Unit Type Total Rent: $1,650
  • Unit Type Pro Forma: 2058
  • Unit Type Type: 5
Unit Information
  • Number Of Units Leased: 5
  • Rent Controlled: Yes
  • Number Of Buildings: 3
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 0

Property History for 300 West Washington Boulevard

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 300 West Washington Boulevard

Taxable ValueLand$1,224,000Additions$459,000Total$1,683,000
Tax Record2023$20,110 ($1,676 / month)
Home Facts
Total Finished SqFt4,600 SqFtAbove Grade Finished SqFt4,600 SqFtLot Size11,116 SqFtStyleMulti-Family Res (5+ Units)Year Built1961ZoningPSR1CountyLOS ANGELESAPN5728-013-044

Schools near 300 West Washington Boulevard

This home is within Pasadena Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - K to 8
Rating
School
Distance
Cleveland Elementary School
PublicK to 5

Octavia E. Butler Magnet School
Public6 to 8

John Muir High School
Public9 to 12

Odyssey Charter School - South
CharterK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of MANREALTY.COM, JONATHAN HUA, DRE #01485938; MANREALTY.COM, PHILIP CHANG, DRE #01870805

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.