517 E Washington BLVD Pasadena, CA 91104
0.48 Acres Lot
UPDATED:
Key Details
Property Type Apartment
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID AR25146336
HOA Y/N No
Year Built 1949
Lot Size 0.480 Acres
Property Sub-Type Apartment
Property Description
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 shower + bathtub. 1 house is vacant and can be delivered vacant.
The remaining 6 units consist of four (4) 2bedroom+1bathroom, and two (2) 1bedroom+1bathroom units. Each unit has central A/C and heating (installed in 2009), double pane windows, original hardwood flooring, stove, and refrigerator. Each of the 4 patio homes have a dishwasher. Each unit has an individual water heater and separately metered for electricity and gas.
The property has two shared laundry rooms (machines are seller owned) and a large storage room. Parking is provided by a combination of 9 parking garages (with storage spaces) and several open space parking. Most tenants in this community are long time tenants that are on month to month and are due for rent increases. An additional significant rental upside can be realized when units turn in the future.
The property is several blocks north of Old Town Pasadena. It is located east of Los Robles Ave and west of El Molino Ave. It is near the Rose Bowl area (Rose Bowl Stadium, Rose Bowl Aquatics Center, Kidspace Children Museum, and Brookside Golf Course), and just located across from a local Washington Park.
Location
State CA
County Los Angeles
Area 645 - Pasadena (Nw)
Zoning PSR3
Interior
Heating Central, Wall Furnace
Cooling Central Air, Wall/Window Unit(s)
Flooring Carpet, Wood
Fireplaces Type None
Fireplace No
Appliance Dishwasher, Freezer, Disposal, Gas Range, Refrigerator, Range Hood, Dryer, Washer
Laundry Common Area, Washer Hookup, Gas Dryer Hookup
Exterior
Parking Features Assigned, Carport
Carport Spaces 10
Fence Wood, Wrought Iron
Pool None
Community Features Suburban, Valley
Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
View Y/N Yes
View Mountain(s)
Roof Type Asbestos Shingle
Total Parking Spaces 10
Private Pool No
Building
Lot Description Lawn, Landscaped, Near Public Transit, Rectangular Lot, Sprinkler System, Street Level
Faces South
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Architectural Style Mid-Century Modern
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5838040015
Energy Description 224.0
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Special Listing Condition Standard
Virtual Tour https://growthinvestmentgroup.com/listingdetail.aspx?pid=10492
