517 E Washington Boulevard, Pasadena, CA 91104

Local realty services provided by:Better Homes and Gardens Real Estate Property Shoppe
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517 E Washington Boulevard,Pasadena, CA 91104
$3,800,000
  • - Beds
  • - Baths
  • 8,340 sq. ft.
  • Multi-family
  • Active
Listed by:han chen
Office:growth investment group pasade
MLS#:AR25146336
Source:CRMLS

Price summary

  • Price:$3,800,000
  • Price per sq. ft.:$455.64

About this home

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

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Home facts

  • Year built:1949
  • Listing Id #:AR25146336
  • Added:45 day(s) ago
  • Updated:August 13, 2025 at 10:36 AM

Rooms and interior

  • Living area:8,340 sq. ft.

Heating and cooling

  • Cooling:Central Air, Wall Window Units
  • Heating:Central, Wall Furnance

Structure and exterior

  • Roof:Asbestos Shingle
  • Year built:1949
  • Building area:8,340 sq. ft.
  • Lot area:0.48 Acres

Utilities

  • Water:Public, Water Connected
  • Sewer:Public Sewer, Sewer Connected

Finances and disclosures

  • Price:$3,800,000
  • Price per sq. ft.:$455.64
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