The Growth Investment Group is proud to present 827-835 E Washington Blvd., a 9-unit upgraded multifamily located in the highly desirable city of Pasadena, California. The property has been extensively upgraded in the past 12 months and present an opportunity for a 1031 exchange buyer or an investor to acquire a turn-key apartment property in one of the strongest sub-market in San Gabriel Valley.
The property consists of ±4,410 sqft of living space that are spread out into 4 different buildings. It is situated on an oversized lot of ±16,401 sqft. Each building is a single-story bungalow style that consists of 2 units. The property was built in 1941 and have been heavily renovated. It offers an efficient unit mix of one (1) x 2bedroom+1bathroom, seven (7) x 1bedroom+1bathroom, and one (1) studio (non-conforming). Some of the exterior upgrades that were completed: new landscaping complete with new sprinkler system, new asphalt driveway, new fencing for each building, new dual pane windows throughout, new entry door for each unit, new exterior paint, new roof for each building, new garage door, new LED outdoor lighting for each unit.
Each unit is bright and has a private front-yard complete with new white fence. Each unit offers excellent layout and have been completely upgraded with modern upgrades such as vinyl luxury wood flooring, quartz kitchen countertops, new white shaker kitchen cabinets, stainless steel appliances, charming mosaic floor tile bathroom, tiled wall bathroom, modern crystal chandelier lighting in living room (some units), and stacked laundry machine (except in studio unit).
Each unit (except the front 3 units) is separately metered for electricity and gas. Parking is provided by a detached garage consisting 6 parking spaces and 3 open spaces in the middle part of the lot for a total of 9 spaces. On street parking are abundant on Washington Blvd with paid permit.
