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Listed by Han Chen • Growth Investment Group Pasade
$3,800,000
Est. payment /mo
0.48 Acres Lot
Active
517 E Washington BLD Pasadena, CA 91104
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRAR25146336
Year Built 1949
Lot Size 0.480 Acres
Source California Regional MLS
Property Description
Pride-of-Ownership 10-unit (4 Houses & 2 Triplexes) on a large 21k SF R3 Zoned Lot, Excellent Unit Mix, Gated, Garage Parking, Drawings for 2 ADUs are included. MONTANO VILLAS, a 10-unit garden style apartment investment opportunity located in the City of Pasadena, CA. This exceptional property comprises 4 bungalows/houses and 2 triplexes and is situated on a large ±20,911sf R3 lot. This value-add investment opportunity provides savvy investors with high-quality assets in a strong Pasadena submarket with significant rental upside potential and future expansion opportunities. The ownership had completed many significant capital improvements: Some of the major improvements are recently replaced roofs, new Central A/C and heating in each unit, new double pane windows throughout. An initial drawing for 2 ADU units would be included in the sale. MONTANO VILLAS is a pride-of-ownership attractive two-story garden style gated community that was built in 1949. It has a total of 8,340 SF building size and is situated on a ±20,911 SF R3 lot size. It offers excellent curb appeal with manicured landscaping. The property has 4 patio homes with a semi-private porch and side yard. The 4 patio homes are all 2 bedrooms+1bathroom units complete with laundry hookups. Each patio home has a tiled
Location
State CA
County Los Angeles
Area 645 - Pasadena (Nw)
Rooms
Kitchen Dishwasher, Freezer, Garbage Disposal, Hood Over Range, Oven Range - Gas, Refrigerator
Interior
Heating Wall Furnace , Central Forced Air
Cooling Central AC, Window / Wall Unit
Laundry Gas Hookup, Laundry Area, 30, Washer, Washer/Dryer - Owned, Community Facility, Dryer
Exterior
Parking Features Assigned Spaces, Carport
Garage Spaces 10.0
Pool 31, None
View Hills
Roof Type Shingle
Building
Lot Description Grade - Level
Water District - Public
Others
Tax ID 5838040015
Special Listing Condition Not Applicable
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