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300 W Washington Blvd, Pasadena, CA 91103
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300 W Washington Blvd Pasadena, CA 91103

$1,650,000 Sold Price as of 10/06/2021
  • 10 Beds
  • 5 Baths
  • 4,600 Sq.Ft.
Sold
$1,650,000 Sold Price as of 10/06/2021 Refinance Your Mortgage
Map preview of 300 W Washington Blvd, Pasadena, CA 91103

Property Overview: 300 W Washington Blvd Pasadena, CA has 10 bedrooms, 5 bathrooms, 4,600 living square feet and 11,116 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 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.

Listed by JONATHAN HUA | BRE #01485938 | MANREALTY.COM
Co-listed by PHILIP CHANG | BRE #01870805 | MANREALTY.COM
Last checked: 1 minute ago | Last updated: May 6th, 2024 | Source CRMLS | DOM: 52

Home details

Lot Sq. Ft
11,116
HOA Dues
$0/mo
Year built
1961
Garage
2 Car
Property Type:
Apartment
Status
Sold
MLS#
WS21119759
City
Pasadena
County
Los Angeles
Time on Site
1081 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 5
  • Total # of Buildings: 3
  • # of Leased Units: 5
  • # of Electric Meters: 5
  • # of Gas Meters: 5
  • # of Water Meters: 0
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $24,000
  • Total Rent: $2,000
  • Pro Forma/Market Rent: $2,058
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $16,800
  • Total Rent: $1,400
  • Pro Forma/Market Rent: $2,058
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $19,200
  • Total Rent: $1,600
  • Pro Forma/Market Rent: $2,058
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $16,800
  • Total Rent: $1,400
  • Pro Forma/Market Rent: $2,058
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $19,800
  • Total Rent: $1,650
  • Pro Forma/Market Rent: $2,058
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $96,600
  • Net Operating Income: $57,790
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $38,810
  • Gas/Fuel: $0
  • New Taxes: $21,250
  • Trash: $0
  • Gardener: $1,200
  • Insurance: $3,162
  • Professional Management: $0
  • Water/Sewer: $7,250

Property Details for 300 W Washington Blvd

Interior Features
Laundry Information
  • None, Gas & Electric Dryer Hookup
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 6
  • Has Parking
  • Parking Features: Carport
Lot Information
  • Lot Features: Lot 10000-19999 Sqft
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 5
  • Parcel Number: 5728013044
  • Year Built Source: Assessor
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: S of Washington, East of Mentone
Neighborhood Information
  • Community Features: Suburban
View more facts & features

Local Pasadena Agent

Sale History for 300 W Washington Blvd

Last sold for $1,650,000 on October 6th, 2021

  • May, 2024

  • May 5, 2024

    Date

    Expired

    CRMLS: 23319693

    $1,797,800

    Price

  • Oct 10, 2023

    Date

    Active

    CRMLS: 23319693

    $1,878,000

    Price

  • Listing provided courtesy of CRMLS

    We are proud to present this prime Pasadena Five (5) Unit apartment complex located with in walking distance to the Rose Bowl Stadium! Great Unit Mix of All Single Story Two (2) Bed + One (1) Bath apartments. New Rents and Upgrades. 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 great potential upside income based on fair market rents; 100% occupied. There are also garages for a future potential Accessory Dwelling Unit (ADU). Buyer and Buyer's agent to verify the accuracy all information and investigation. DRIVE BY ONLY. Tenants are unaware of the sale, please do not disturb tenants. Do not walk on property.

  • February, 2024

  • Feb 19, 2024

    Date

    Expired

    CRMLS: 23303525

    $1,898,000

    Price

  • Aug 22, 2023

    Date

    Active

    CRMLS: 23303525

    $1,898,000

    Price

  • Listing provided courtesy of CRMLS

    We are proud to present this prime Pasadena Five (5) Unit apartment complex located with in walking distance to the Rose Bowl Stadium! Great Unit Mix of All Single Story Two (2) Bed + One (1) Bath apartments. New Rents and Upgrades. 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 great potential upside income based on fair market rents; 100% occupied. There are also garages for a future potential accessory dwelling unit (ADU). Buyer and Buyer's agent to verify the accuracy all information and investigation. DRIVE BY ONLY. Tenants are unaware of the sale, please do not disturb tenants. Do not walk on property.

  • July, 2023

  • Jul 20, 2023

    Date

    Canceled

    CRMLS: GD23100617

    $1,997,000

    Price

  • Jun 8, 2023

    Date

    Active

    CRMLS: GD23100617

    $2,177,000

    Price

  • Listing provided courtesy of CRMLS

    We are pleased to present this 5-unit apartment community in Pasadena Ca. near Rose Bowl. This property offers 4600 square feet total Building on 11,116 flat lot. Separate electricity and Gas meters. This value-add opportunity, currently below market rents with potential upside income based on the fare market rent. All the units are 2 bed+ 1 bath which 4 of them are @900 sq.ft and 1 @1000 sq.ft all units are occupied and tenants pay the rent on time. All the gas meters have earthquake shutoff value installed. The 2 car garage has potential to be converted to ADU. Buyer and buyer's agent are responsible to verify the accuracy of all the information.

  • July, 2021

  • Jul 28, 2021

    Date

    Pending

    CRMLS: WS21119759

    $1,650,000

    Price

  • Jul 10, 2021

    Date

    Active

    CRMLS: WS21119759

    $1,650,000

    Price

  • Jul 10, 2021

    Date

    Hold

    CRMLS: WS21119759

    $1,650,000

    Price

  • Jun 30, 2021

    Date

    Price Change

    CRMLS: WS21119759

    $1,650,000

    Price

  • Jun 23, 2021

    Date

    Active

    CRMLS: WS21119759

    $1,700,000

    Price

  • Jun 22, 2021

    Date

    Hold

    CRMLS: WS21119759

    $1,700,000

    Price

  • Jun 3, 2021

    Date

    Active

    CRMLS: WS21119759

    $1,700,000

    Price

  • December, 2009

  • Dec 22, 2009

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • December, 2009

  • Dec 15, 2009

    Date

    Sold (Public Records)

    Public Records

    $722,000

    Price

Show More

Tax History for 300 W Washington Blvd

Assessed Value (2020): $852,164
Year Land Value Improved Value Assessed Value
2020 $590,144 $262,020 $852,164

Home Value Compared to the Market

This property vs the competition

300 W Washington Blvd sold on October 6, 2021 for 32% higher than the current median sold price for the city of Pasadena which is $1,250,000. The median sold price per/sqft for Pasadena is $763 and this home is sold at $358.7 per/sqft which puts the price per square foot 52.99% lower than the current median sale per square foot for the city of Pasadena.

About 300 W Washington Blvd

Detailed summary of property

300 W Washington Blvd is a apartment that recently sold in Pasadena, CA 91103. This apartment offered 10 bedrooms, 5 bathrooms, roughly 4,600 living square feet, and sits on an approximately 11,116 square foot lot. 300 W Washington Blvd was first listed on ArdentRealEstateGroup.com on June 3, 2021. The homeowner sold the property for $1,650,000. Home in Pasadena are selling for a median price of $1,250,000 and a median price per square foot of $763. Based on Ardent Real Estate Group's Pasadena Market Data, this home is sold 32% higher than the current median priced home. Local homes that are currently for sale include 508 Chestnut Ave, 1429 N Altadena Dr and 6104 York Blvd. While the average home in Pasadena, CA is selling in 51 days, 300 W Washington Blvd has a days on market of 52 days. There are currently 278 homes for sale in the Pasadena real estate market and 169 of them are single family homes while 83 of them are condos and 26 are townhomes. For more information on this home for sale at 300 W Washington Blvd Pasadena, CA 91103 contact Ardent Real Estate Group and we will put you in touch with one of our Pasadena agents.

Public Facts for 300 W Washington Blvd

Public county record property details
Beds
10
Baths
5
Year built
1961
Sq. Ft.
4,600
Lot Size
11,115
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
19
APN
5728-013-044

The source for these homes facts are from public records.

91103 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,049,000
Median List Price/Sq.Ft.
$784
Median Sold Price
$1,129,000
Median Sold Price/Sq.Ft.
$776
Total Inventory
45
Median Sale to List Price %
100%
Avg Days on Market
32
Loan Type
Conventional (26.67%), FHA (0%), VA (0%), Cash (33.33%), Other (26.67%)

Thinking of Selling?

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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.

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