Homes for sale - 517 E Washington BLD, Pasadena, CA 91104

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Ben Dodge

bendodge@kw.com +1(408) 829-1074

Listed by Han Chen • Growth Investment Group Pasade

$ 3,800,000

Est. payment | -/mo

0.48 Acres Lot

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$ 3,800,000

Est. payment | -/mo

Save

0.48 Acres Lot

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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Ben Dodge

REALTOR® | Lic# DRE 01959374

bendodge@kw.com

+1(408) 829-1074

16780-A Lark Ave. Los Gatos, CA, 95032

517 E Washington BLD Pasadena, CA 91104

Ben Dodge

Key Details

Location

Rooms

Interior

Exterior

Building

Others

517 E Washington BLD