NOT LISTED FOR SALE

278 E Washington Blvd Pasadena, CA 91104

Orange Heights Neighborhood
2 Beds
1 Bath
19,002 Sq Ft
0.58 Acres

Last Sold August 06, 2021

Last sale price $8,500,000 $447 Per Sq Ft

76 Days on Market

Highlights

  • Gated Community
  • Mountain View
  • Wood Flooring
  • 0.58 Acre Lot
  • Property is near park and public transit
  • No HOA

About This Home

As of August 2021

A 24-unit garden style apartment located in the highly desirable City of Pasadena, CA. Located within minutes from Old Town Pasadena, this attractive apartment community offers an excellent curb appeal. This community has an excellent occupancy history and is NOT under Los Angeles rent control; it is under AB1482 which allows much higher rent increase (5%+CPI). It offers an excellent curb appeal with complete refaced exterior and completely redone landscaping. It has a superb unit mix of ALL 2bedroom units with included washer/dryer in each unit! The building has secured entrance with gated parking (Soft story retrofit has been completed) and security camera system installed. Each unit is spacious with functional layout and has been completely upgraded with recessed lighting, luxury wood plank flooring, new kitchen (cabinets and countertops), stainless steel appliances, new bathroom (new tub, new vanity cabinets, new lighting fixtures), in-unit washer and dryer, LED lighting, mirrored closet doors, and much more. Some units have private small patio/balcony with modern wood railings. Some of the windows have been upgraded to double pane windows.

Last Agent to Sell the Property

Han Widjaja-Chen

GIG Real Estate Inc. License #01749321 Listed on: 03/26/2021

Last Buyer's Agent

Eric Smilay

Nourmand & Associates-BH License #01710731

Nourmand & Associates-BH

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 0.58 Acre Lot
  • Two or More Common Walls
  • Level Lot
  • Sprinkler System
  • Density is 31-35 Units/Acre

Property Views

  • Mountain
  • Neighborhood

Home Design

  • Apartment

Interior Spaces

  • 19,002 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Security Lights
  • Closed Circuit Camera
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 24 Parking Spaces
  • 24 Carport Spaces
  • Parking Available
  • Automatic Gate
  • Assigned Parking

Location

  • Property is near park and public transit
  • Urban Location

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Natural Gas Connected
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 5729025022

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 24 Units
  • Valley

Amenities

  • Laundry Facilities

Building Details

  • Rent Control
  • 25 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter

Security

  • Resident Manager or Management On Site
  • Gated Community

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Closed Circuit Camera(s), Fire and Smoke Detection System, Gated Community, Resident Manager, Security Lights, Smoke Detector(s)
  • View: Yes
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 5729025022
  • Year Built: 1964
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Vinyl, Wood
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 447.32

Exterior Features

  • View: Mountain(s), Neighborhood
  • Pool Private: No

Garage/Parking

  • Carport Spaces: 24.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 24.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Electric: Standard
  • Heating Type: Wall Furnace
  • Laundry Features: Community, Dryer Included, Gas Dryer Hookup, Inside, Washer Hookup, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Urban, Valley

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 31-35 Units/Acre, Lot 20000-39999 Sqft, Level, Near Public Transit, Park Nearby, Sprinkler System
  • Lot Size Sq Ft: 25460.00
  • Lot Size Acres: 0.5845

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Average2 Bed Area: 800 Square Feet
  • Lot Size Area: 25460.0000 Square Feet
  • Number Of Separate Electric Meters: 25
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 24
  • Number With Dishwasher: 24
  • Number With Disposal: 24
  • Number With Patio: 18
  • Number With Range: 24
  • Number With Refrigerator: 24
  • Rent Control: Yes

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/06/2021 08/06/21 Sold $8,500,000 -3.4% $447 / Sq Ft
06/10/2021 06/10/21 Pending -- -- --
03/26/2021 03/26/21 For Sale $8,800,000 -- $463 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Han Widjaja-Chen

    Seller's Agent in 2021

    Han Widjaja-Chen

    GIG Real Estate Inc.

    (626) 594-4901

    1 in this area

    55 Total Sales

    Han Widjaja-Chen
    Section Image
  • Eric Smilay

    Buyer's Agent in 2021

    Eric Smilay

    Nourmand & Associates-BH

    (310) 274-4000

    1 in this area

    29 Total Sales

    Eric Smilay
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR21063767

California Regional Multiple Listing Service (CRMLS)
California Los Angeles County Pasadena 91103 Orange Heights

278 E Washington Blvd, Pasadena, CA

Not Listed for Sale

MultiFamily

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