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Sold for $1,500,000
  • Listed by: CB RICHARD ELLIS • Eric Chen • Contact: 909-418-2071
    Bought with: CB Richard Ellis L.A. North Universal City
    Tax assessed value
    $1,500,000

    1253 E Washington Blvd, Pasadena, CA 91104

    8beds
    7baths
    5,578sqft
    Multi Family
    Built in 1952
    -- sqft lot
    $-- Zestimate®
    $269/sqft
    $3,206 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $3,206/mo

    Zestimate® history
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    What's special

    1253 E. Washington Boulevard is situated on the corner of E. Washington Boulevard and N. Chester Avenue, between N. Lake Avenue and N. Hill Avenue, just a few blocks North of the 210 Freeway. The property is a short distance to grocery stores, restaurants, parks, and schools. The property is also within minutes to essential frequented city locations— Shops on Lake Avenue, The Paseo, Oldtown Pasadena, Pasadena City College, California Institute of Technology, Jet Propulsion Laboratory, Art Center College of Design 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 Allen 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. 1253 E. Washington Boulevard is a charming property situated on a large lot of approximately ±15,921 square feet. The majority of the units consist of spacious cottage-style floorplans and all units are comprised of wall air conditioning and heating, carpet flooring, vertical blinds, have private porches, patios and/or balconies, and spacious kitchens with gas oven/stove combinations. The property features an open grass courtyard, mature landscaping, garage and surface parking with ample street parking. 1253 E. Washington Boulevard is a prime Pasadena income-producing property and a great value-add opportunity for a short or long-term investment. The property is in a highly desirable centrally located neighborhood 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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Eric Chen DRE #01489184 626-757-5717,

    CB RICHARD ELLIS

    Bought with:

    Joyce Goldstein, DRE #01903737

    CB Richard Ellis L.A. North Universal City

    Source: CRMLS,MLS#: CV23167957MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 7
    Heating
    • Wall Furnace
    Cooling
    • Wall/Window Unit(s)
    Appliances
    • Laundry: None
    Features
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 5,578
    • Total interior livable area: 5,578 sqft

    Property

    Parking
    • Total spaces: 7
    • Parking features: Garage
    • Garage spaces: 7
    Features
    • Entry location: 1
    • Pool features: None
    Lot
    • Size: 0.37 Acres
    • Features: 6-10 Units/Acre
    Details
    • Parcel number: 5849008007
    • Zoning: PSR3
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1952

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Curbs, Sidewalks
    Location
    • Region: Pasadena

    Financial & listing details

    • Price per square foot: $269/sqft
    • Tax assessed value: $1,500,000
    • Annual tax amount: $18,818
    • Date on market: 9/7/2023
    • Cumulative days on market: 207 days
    • Listing terms: Cash,Cash to New Loan,1031 Exchange
    • Total actual rent: 114780

    Price history

    DateEventPrice
    8/20/2024Sold$1,500,000-16.7%$269/sqft
    Source: CRMLS #CV23167957 Report a problem
    6/28/2024Pending sale$1,800,000$323/sqft
    Source: CRMLS #CV23167957 Report a problem
    5/15/2024Listed for sale$1,800,000$323/sqft
    Source: CRMLS #CV23167957 Report a problem
    5/6/2024Contingent$1,800,000$323/sqft
    Source: CRMLS #CV23167957 Report a problem
    2/27/2024Listed for sale$1,800,000$323/sqft
    Source: CRMLS #CV23167957 Report a problem
    2/15/2024Contingent$1,800,000$323/sqft
    Source: CRMLS #CV23167957 Report a problem
    2/3/2024Listed for sale$1,800,000$323/sqft
    Source: CRMLS #CV23167957 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$18,818 +401.7%$1,500,000 +752.3%
    2024$3,751 +0.9%$176,003 +2%
    2023$3,717 +2.7%$172,555 +2%
    2022$3,618 +4.3%$169,175 +2%
    2021$3,470 +2.5%$165,861 +1%
    2020$3,386 $164,162 +2%
    2019$3,386 +5.4%$160,946 +2%
    2018$3,213 $157,793 +2.1%
    2017$3,213 +1.7%$154,582 +2%
    2016$3,159 +4.5%$151,552 +1.5%
    2015$3,024 +1%$149,276 +2%
    2014$2,993 $146,353 +4.5%
    2011-- $140,038 +0.5%
    2009-- $139,325 +4%
    2007-- $133,916 +2%
    2006-- $131,291
    2005-- $131,291 +4%
    2004-- $126,194 +1.9%
    2003-- $123,882 +6.1%
    2000-- $116,740
    Find assessor info on the county website

    Neighborhood: East Central

    Nearby schools

    GreatSchools rating
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