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278 East Washington Boulevard

Pasadena CA 91104

48
24
24
19002 sq. ft.
25460 sq. ft.
Other
Currently for sale - view listing

Overview

Located in a highly desirable Pasadena location is this remodeled 24-unit apartment building. This building is fully occupied with an impressive rent roll generating high income. Attractive assumable financing at 3.3% available as well! Building has recently been remodeled with high quality finishes in all units, proven to be very desirable to potential tenants. Units are rarely available and any vacancy creates tremendous interest and leases quickly at ever increasing rental rates! All units are two bedrooms with modern open floor plans, quartz countertops, stainless steel appliances, wood-like flooring throughout, and include in-unit washer and dryers. The building has secured access with gated parking and 24 parking spaces. Soft story retrofit has already been completed in addition to almost all the roofs being new. Just minutes to all the restaurants, shopping and attractions of Old Town Pasadena. An all around exceptional opportunity for a savvy investor in a prime location!

Features

48 bedrooms
24 bathrooms
24 carspaces
19002 sq. ft. floor area
25460 sq. ft. lot size
Other

Property history for 278 East Washington Boulevard

2021
Sold
$8,500,000
06 Aug 2021 by Han Widjaja Chen CCIM, of Growth Investment Group, Inc.

Happy sellers in Pasadena

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Local market activity for 48 bedroom other properties in Pasadena

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