518 E Washington, Pasadena, CA 91104
Local realty services provided by:CENTURY 21 Valley Properties
518 E Washington,Pasadena, CA 91104
$3,100,000
- - Beds
- - Baths
- 8,406 sq. ft.
- Multi-family
- Active
Listed by: kevin lutz, kevin hurley
Office: keller williams realty/pasadena626-204-3300
MLS#:WS26091595
Source:CRMLS
Price summary
- Price:$3,100,000
- Price per sq. ft.:$368.78
About this home
The Washington Courtyard Apartments present a well-maintained, 9-unit garden-style property comprised of a two-story building constructed in 1961, featuring a pitched composition shingle roof and slab foundation. The property offers both gated entry and parking, with a total of nine spaces including eight detached carports and one tuck-under space. Situated on a 15,442 SF lot, the property encompasses approximately 8,406 SF with a unit mix of five 2-bedroom/1-bath units, three townhouse-style 2-bedroom/1.5-bath units, and one 3-bedroom/1-bath unit (originally a 2-bedroom unit converted without permits).
The property has benefited from extensive capital improvements, including copper re-piping of all units in 2020 and comprehensive sewer line upgrades with Perma-Liner technology. Interior upgrades across units include vinyl flooring, stone kitchen countertops, updated appliances, recessed lighting, modern fixtures, ceiling fans, and select mirrored closet doors, with units 3, 6, and 8 featuring fully renovated kitchens with new cabinetry. Additional improvements include the replacement of 56% of windows and 60% of sliding doors with vinyl in 2021, upgraded electrical sub-panels and main panels, and recently installed tankless water heaters (2026).
Residents benefit from individually metered gas and electricity, central heating in all units, and a mix of wall A/C units and mini-splits, with one unit featuring full central HVAC. The property also includes an on-site laundry facility with owned machines. Exterior upgrades include a replaced second-floor walkway decking and railing baseplates (2018), as well as a newly replaced carport roof (2025). The main building roof, approximately 20 years old, has been consistently maintained.
The property is subject to Pasadena’s Measure H rent control ordinance and has completed its SB 721 inspection, with only minor maintenance recommended, which will be completed by the seller—making this a turnkey investment opportunity with strong in-place improvements and long-term upside potential....
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Home facts
- Year built:1961
- Listing ID #:WS26091595
- Added:1 day(s) ago
- Updated:May 07, 2026 at 10:22 AM
Rooms and interior
- Living area:8,406 sq. ft.
Heating and cooling
- Cooling:Wall Window Units
- Heating:Central
Structure and exterior
- Roof:Composition, Shingle
- Year built:1961
- Building area:8,406 sq. ft.
- Lot area:0.35 Acres
- Lot Features:Level with Street
- Levels:2 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$3,100,000
- Price per sq. ft.:$368.78
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