241 E Washington Blvd, Pasadena, CA 91104
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241 E Washington Blvd Pasadena, CA 91104

$1,650,000
  • 7 Beds
  • 5 Baths
  • 3,217 Sq.Ft.
For Sale
$1,650,000 Get Pre-Qualified

Map preview of 241 E Washington Blvd, Pasadena, CA 91104

Property Overview: 241 E Washington Blvd Pasadena, CA has 7 bedrooms, 5 bathrooms, 3,217 living square feet and 6,345 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Welcome to your new investment opportunity in the area of Pasadena! Presenting this well-maintained 5-unit apartment building that offers both comfort and convenience. Each unit comes with its own designated parking spot in the rear, ensuring hassle-free parking for tenants. Upon entering the property, you'll find two units: one featuring 2 bedrooms and 1 bathroom, and the other offering 1 bedroom and 1 bathroom. Above each of these units lies identical rooms and layouts, providing consistency throughout the building. As you explore further, you'll discover the last 1 bedroom, 1 bathroom apartment tucked away separately from the other four units, offering a sense of privacy and exclusivity. Additionally, the property boasts a garage and a laundry room in the back, enhancing convenience for both tenants and owners alike. Located in close proximity to schools, parks, trails, and the charming Old Town Pasadena, this property promises a lifestyle of ease and enjoyment for its residents. Don't miss out on this incredible opportunity to own a piece of Pasadena's thriving real estate market and the endless possibilities this property has to offer!

Listed by Elsa Araya | BRE #02061156 | Keyholder Estate
Last checked: 3 minutes ago | Last updated: April 16th, 2024 | Source CRMLS | DOM: 25
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Home details

Lot Sq. Ft
6,345
HOA Dues
$0/mo
Year built
1947
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24376253
City
Pasadena
County
Los Angeles
Time on Site
28 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 5
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,400
  • Total Rent: $0
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,635
  • Total Rent: $0
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $600
  • Total Rent: $0
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,635
  • Total Rent: $0
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,600
  • Total Rent: $0
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 17
  • Gross Scheduled Income: --
  • Net Operating Income: $0
  • Gross Operating Income: $0
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 241 E Washington Blvd

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Kitchen Information
  • Has Appliances
Interior Features
  • Levels: Two
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Assigned
Property Information
  • Total # of Units: 5
  • Parcel Number: 5729011001
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: on fair oaks ave turn left, turn right on Washington
View more facts & features

Local Pasadena Agent

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Sale History for 241 E Washington Blvd

View property's historical transactions
  • April, 2024

  • Apr 4, 2024

    Date

    Active

    CRMLS: 24376253

    $1,650,000

    Price

  • January, 2023

  • Jan 1, 2023

    Date

    Expired

    CRMLS: IN22171957

    $1,550,000

    Price

  • Aug 4, 2022

    Date

    Active

    CRMLS: IN22171957

    $1,550,000

    Price

  • Listing provided courtesy of CRMLS

    Welcome to this rare 5-unit property in Pasadena, Ca! This is a perfect opportunity for an investor who is looking for cash flow or just a great investment to add to their portfolio. The property is in good condition and has been taken care of but may slightly need some TLC added, but it has great potential. It is close to the rose bowl and all that Pasadena has to offer. Don't miss out on this great opportunity! PROPERTY IS SOLD AS IS!

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Tax History for 241 E Washington Blvd

Assessed Value (2020): $117,751
Year Land Value Improved Value Assessed Value
2020 $17,775 $99,976 $117,751

Home Value Compared to the Market

This property vs the competition

241 E Washington Blvd is listed 37.73% higher than the median list price for the city of Pasadena which has a median list price of $1,198,000. The median price per/sqft for Pasadena is $798 and this home is listed at $512.9 per/sqft which puts the price per square foot 35.73% lower than the median price per square foot for the city of Pasadena.

About 241 E Washington Blvd

Detailed summary of property

241 E Washington Blvd is a multi family located in Pasadena, CA 91104 and is currently for sale. This multi family property offers 7 bedrooms, 5 bathrooms, roughly 3,217 living square feet, and sits on an approximately 6,345 square foot lot. 241 E Washington Blvd was first listed on ArdentRealEstateGroup.com on April 4, 2024. The homeowner is currently asking $1,650,000. The median priced home in Pasadena is $1,198,000 with a median price per square foot of $798. Based on Ardent Real Estate Group's Pasadena Market Data, this home is listed 37.73% higher than the median priced home. Local competing homes currently for sale include 314 N Holliston Ave, 1669 Whitefield Rd and 43 N Grand Oaks Ave. While the average home in Pasadena, CA is selling in 57 days, 241 E Washington Blvd has a days on market of 25 days. There are currently 261 homes for sale in the Pasadena real estate market and 154 of them are single family homes while 82 of them are condos and 25 are townhomes. For more information on this home for sale at 241 E Washington Blvd Pasadena, CA 91104 contact Ardent Real Estate Group and we will put you in touch with one of our Pasadena agents.

Public Facts for 241 E Washington Blvd

Public county record property details
Beds
7
Baths
5
Year built
1947
Sq. Ft.
3,217
Lot Size
6,345
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
3,4
APN
5729-011-001

The source for these homes facts are from public records.

91104 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,200,000
Median List Price/Sq.Ft.
$887
Median Sold Price
$1,200,000
Median Sold Price/Sq.Ft.
$849
Total Inventory
21
Median Sale to List Price %
120.12%
Avg Days on Market
20
Loan Type
Conventional (20%), FHA (0%), VA (0%), Cash (30%), Other (30%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.