1 month on rocket

485 E Washington Blvd, Pasadena, CA, 91104

$5,695,000

0 Baths
Condo
Schools Nearby

Location

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Property Highlights

Home TypeCondominium
ParkingCarport
Year Built1950
HeatingWall Furnace
CoolingWall/Window Unit(s)
MLS #CV24052236
Lot Size0.88 Acres
StatusActive

About 485 E Washington Blvd

We are proud to exclusively present a multifamily opportunity to acquire 485 East Washington Boulevard in the city of Pasadena. 485 East Washington Boulevard is situated between Los Robles Avenue and El Molino Avenue just two blocks west of North Lake Avenue. The property is within walking distance to grocery stores, restaurants, parks, and schools. The property is also within minutes to essential city frequented locations—Shops on Lake, The Paseo, Pasadena Plaza, Oldtown Pasadena, Pasadena City College, California Institute of Technology, Jet Propulsion Laboratory, Art Center College of Design, Kidspace Children’s Museum, and Eaton Canyon Nature Center. The city of Pasadena is ideally located within Southern California and offers easy and convenient access to all of Los Angeles County, Ventura County, San Bernardino County and beyond through the 210, 134, 110, 2 and 5 freeways as well as the Lake Avenue Gold Line Metro Rail station. Significant local landmarks within a 20-mile radius include: The Huntington Library, The Rose Bowl, Dodger Stadium, Crypto.com Arena, Santa Anita Park, Griffith Observatory, Los Angeles Zoo, Hollywood Walk of Fame, Hollywood Bowl, Universal Studios, and more. 485 East Washington Boulevard is situated on a large lot of approximately ±38,240 square feet. The majority of the units consist of spacious, highly sought-after, single-story floorplans and all units are comprised of wall air conditioning and heating, tile and carpet flooring, and spacious kitchens with gas oven/stove combination units. The property is well-maintained and features an open grass courtyard, mature landscaping, an on-site laundry facility, and ample off-street open and carport parking. 485 East Washington Boulevard is a prime Pasadena income-producing property and a great long-term investment. The property is in a highly desirable area and offers stability for any type of investor whether it may be a first-time purchaser, seasoned investor, or those seeking a 1031 exchange opportunity.

Property Details

Property Features

Property Information:

  • Year Built: 1950
  • Stories: 2

Listing Office:

  • Office Name: CB RICHARD ELLIS
  • Office Phone: (626) 757-5717
  • Listing Agent: ERIC CHEN

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Parking: Carport

Lot Features

Lot Information:

  • Lot Size: 0.88 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace
  • Cooling: Wall/Window Unit(s)

School Info

Assigned Schools Information:

  • Marshall Fundamental, Public District Grades 6-12
  • Pasadena High School, Public District Grades 9-12
  • Charles W. Eliot Middle School, Public District Grades 6-8
  • Longfellow (Henry W.) Elementary School, Public District Grades KG-5
  • Norma Coombs Alternative, Public District Grades KG-5
  • Don Benito Fundamental, Public District Grades KG-5

Other

Directions Information:

  • Directions: Take the I-10W, Merge onto I-210W, Exit Hill Avenue, Turn Left on E Washington Blvd.

Price Information

Listing Price Info

Price Summary:

  • List Price: $5,695,000

Tax Information:

  • Annual Amount: $16,366
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Pasadena, CA.

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Pasadena, CA

City

Med. Sold Price

$1.1M

Med. Price/SqFt

$739

Avg. Days On Market

30

# of Sold Homes

71

485 E Washington Blvd vs Pasadena

46 DAYS ON ROCKET

+16 Days

$5,695,000

+$4.5M More

KEY TAKEAWAY

This property is $4.5M more than the Median Sold Price in Pasadena, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #CV24052236

Listing Office:

  • Office Name: CB RICHARD ELLIS
  • Office Phone: (626) 757-5717
  • Listing Agent: ERIC CHEN

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/30/2024, 2:25:18 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 19, 1999Home Sold
$72,500
Mar 08, 1988Home Sold
$765,000

Tax History

YEARPROP. TAXASSESSMENT
2021$16,366$1,095,335
2020$15,852$1,082,126
2019$15,627$1,060,909
2018$15,432$1,040,108
2017$15,432$1,019,715

History based on county public records data.

Payment Calculator

$28.4K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$17.1K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-3469522
4
/10

  • Longfellow (Henry W.) Elementary School

  • 1065 E Washington Blvd

  • 0.66 miles

  • Public District Grades KG-5

school-card-donut-3469523
7
/10

  • Norma Coombs Alternative

  • 2600 Paloma St

  • 2.62 miles

  • Public District Grades KG-5

school-card-donut-3469524
6
/10

  • Don Benito Fundamental

  • 3700 Denair St

  • 3.91 miles

  • Public District Grades KG-5

Middle School

school-card-donut-3469525
3
/10

  • Charles W. Eliot Middle School

  • 2184 Lake Ave

  • 1.10 miles

  • Public District Grades 6-8

High School

school-card-donut-3469526
5
/10

  • Marshall Fundamental

  • 990 N Allen Ave

  • 1.65 miles

  • Public District Grades 6-12

school-card-donut-3469527
5
/10

  • Pasadena High School

  • 2925 E Sierra Madre Blvd

  • 2.79 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $55,452. Most Pasadena, CA residents have annual incomes between $35k-100k. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 485 E Washington Blvd

What is the listing price of this property?

The listing price of 485 E Washington Blvd property is $5,695,000.

What type of property is this?

The property 485 E Washington Blvd is a condo located in Pasadena, California, 91104.

Is this property for sale now?

Active Listing: 485 E Washington Blvd is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 485 E Washington Blvd are:
Longfellow (Henry W.) Elementary School: GreatSchools Rating 4/10
Norma Coombs Alternative: GreatSchools Rating 7/10
Don Benito Fundamental: GreatSchools Rating 6/10
Charles W. Eliot Middle School: GreatSchools Rating 3/10
Marshall Fundamental: GreatSchools Rating 5/10
Pasadena High School: GreatSchools Rating 5/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $16,366 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on July 19, 1999 for $72,500. (source: MLS/tax record).

Which year was this property built?

The year of construction for 485 E Washington Blvd is 1950.
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Rocket Homes›California›Los Angeles County›Pasadena›91104›485 E Washington Blvd

This home is located at 485 E Washington Blvd in Pasadena, CA and zip code 91104 in the The Verdugos neighborhood. This home, which was built in 1950, sits on a 0.88 acre lot. It has been listed on Rocket Homes since March 15, 2024 and is currently priced at $5,695,000.

Pasadena, CA housing market in March 2024 saw over 42 listings sold above listed price, more than 7 sold at listed price and over 22 sold below. The inventory of homes for sale in Pasadena, CA between February 2024 and March 2024 increased by 2.3%. The median list price of listings available in March 2024 was $1,181,486, while the average time on the real estate market was 30 days.

From Rocket Homes Real Estate and based on county public records data.

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