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300 W. Washington Blvd
Pasadena, CA 91103

$1,700,000

Property Details

Property Type | 5-Unit Apartment Bldg

Gross Area | 4,600 Sqft

Lot Sqft | 11,116 Sqft

APN | 5728-013-044

Zoning | RM-16

Marketing Package

Description

Man Investment Group, Inc. is proud to offer for sale a 5-unit single-story apartment building 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 of all information to satisfy buyer’s investigation. Drive-by only. Please do not go onto the property.

Highlights

10 Bedrooms

5 Bathrooms

100% Occupied

Future Potential for ADU