Exceptional four-unit investment property in the prime Pasadena neighborhood of Brigden Ranch. Current CAP Rate 5% with excellent upside potential. This fully occupied multi-family property offers immediate, stable cash flow from day one with significant long-term rent upside. Built in 1948, this well-maintained property offers 2,376 square feet of living space on a spacious 8,100 square foot lot with ample parking, offering a diverse mix of two 1 bedroom/1 bath units, one 2 bedroom/1 bath unit, and a cozy studio. Potential to easily convert the studio to a 1 bedroom/1 bath unit for more than double the income. The generous lot size offers plenty of room for parking and possibly adding an additional unit. With quick access to the 210 Freeway, this property is situated in the highly accessible northern Pasadena neighborhood of Brigden Ranch, close to local parks, popular restaurants, local shopping, and public transportation lines. With it’s desirable location, well maintained units, and stable tenant base, this investment opportunity offers immediate returns and excellent upside potential.
For sale
Listed by: COMPASS • Susan Cook • Contact: 626-253-1323
Price cut: $37K (9/1)
$1,350,000
2152 E Washington Blvd, Pasadena, CA 91104
4beds
4baths
2,376sqft
Quadruplex
Built in 1948
-- sqft lot
$1,391,500 Zestimate®
$568/sqft
$-- HOA
What's special
- 27 days
- 623
- 23
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Susan Cook DRE #02015404 626-253-1323,
COMPASS
Source: CRMLS,MLS#: AR26168649
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
Rooms
- Room types: Bedroom
Bedroom
- Features: All Bedrooms Down
Heating
- Forced Air, Wall Furnace
Cooling
- Wall/Window Unit(s)
Appliances
- Included: Gas Range, Refrigerator, Water Heater, Dryer, Washer
- Laundry: Common Area, Washer Hookup, Gas Dryer Hookup
Features
- All Bedrooms Down
- Flooring: Tile, Wood
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total structure area: 2,376
- Total interior livable area: 2,376 sqft
Property
Parking
- Total spaces: 5
- Parking features: Assigned, Asphalt, Detached Carport, Driveway, Paved
- Garage spaces: 1
- Carport spaces: 2
- Covered spaces: 3
- Uncovered spaces: 2
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Entry location: 1
- Pool features: None
- Spa features: None
- Fencing: Wood
- Has view: Yes
- View description: Mountain(s)
Lot
- Size: 8,118 Square Feet
- Features: 0-1 Unit/Acre
Details
- Parcel number: 5743002009
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Cottage,Traditional
- Property subtype: Quadruplex
- Attached to another structure: Yes
Materials
- Stone, Stucco
- Roof: Asphalt
Condition
- Turnkey
- New construction: No
- Year built: 1948
Utilities & green energy
- Electric: Standard
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Features: Curbs, Foothills, Hiking, Park, Street Lights, Suburban, Sidewalks
Location
- Region: Pasadena
Financial & listing details
- Price per square foot: $568/sqft
- Tax assessed value: $1,025,300
- Annual tax amount: $13,001
- Date on market: 8/5/2026
- Cumulative days on market: 28 days
- Listing terms: 1031 Exchange
- Total actual rent: 90684
- Tenant pays: Electricity, Gas
- Road surface type: Paved
Estimated market value
$1,391,500
$1.32M - $1.46M
$3,016/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/1/2026 | Price change | $1,350,000-2.7%$568/sqft |
Source:  CRMLS #AR26168649 Report a problem | ||
| 8/5/2026 | Listed for sale | $1,387,000+69.1%$584/sqft |
Source: CRMLS #AR26168649 Report a problem | ||
| 2/25/2014 | Sold | $820,000+2.6%$345/sqft |
Source: Public Record Report a problem | ||
| 11/19/2013 | Listed for sale | $799,000+113.1%$336/sqft |
Source: RE/MAX PREMIER PROPERTIES #AR13233232 Report a problem | ||
| 4/18/2002 | Sold | $375,000$158/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $1,025,300 +2% |
| 2025 | $13,321 +5.1% | $1,005,197 +2% |
| 2024 | $12,681 +3.7% | $985,489 +2% |
| 2023 | $12,228 +3.5% | $966,167 +2% |
| 2022 | $11,817 +6.2% | $947,224 +2% |
| 2021 | $11,126 +3.9% | $928,652 +1% |
| 2020 | $10,706 | $919,130 +2% |
| 2019 | $10,706 -1.5% | $901,109 +2% |
| 2018 | $10,865 | $883,441 +2% |
| 2017 | $10,865 +1% | $866,119 +2% |
| 2016 | $10,755 +2.5% | $849,137 +1.5% |
| 2015 | $10,497 +73% | $836,383 +85.1% |
| 2014 | $6,069 | $451,907 +2.5% |
| 2012 | -- | $441,046 +2% |
| 2011 | -- | $432,399 +0.8% |
| 2010 | -- | $429,168 -0.2% |
| 2009 | -- | $430,189 +2% |
| 2008 | -- | $421,755 +2% |
| 2007 | -- | $413,486 +2% |
| 2006 | -- | $405,380 |
| 2005 | -- | $405,380 +6% |
| 2003 | -- | $382,500 +488.2% |
| 2002 | -- | $65,030 +4% |
| 2000 | -- | $62,507 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: East Central
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