517 E Washington Boulevard, Pasadena, CA 91104

• 8,340 sqft

Property Description

SELLER MAY CARRY - 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

Listing Status:

Active

Date Added:

June 30, 2025 at 05:00AM

Listing Office:

Growth Investment Group Pasade : 626-594-4900

Listing Agent:

Handoko Chen : 626-224-2495

MLS ID:

CRAR25146336

Interior

• Appliances: Dryer
• Laundry: Common AreaDryerWasherOther
• Flooring: CarpetWood
• A/C: Central AirWall/Window Unit(s)
• Heating: Wall FurnaceOther

Exterior

• Parking: AssignedOther

Location

• HOA Amenities: 0.0
• County: Los Angeles

Lot

• Zoning: PSR35838040015
• View: Mountain(s)

This listing courtesy of Handoko Chen, Growth Investment Group Pasade