$1,387,000

2152 E Washington, Pasadena, CA 91104

2,376 sqft

Multi-Family Home
Built in 1948
8,120sqft lot
1 car garage
$584/sqft
Listed 23 days ago

Property Description

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.

Listing Status:: Active
Date Added:: August 5, 2026
Data Last Updated:: August 24, 2026 at 4:16PM
Listing Office:: COMPASS : 626-205-4040
Listing Agent:: Susan Cook : 626-205-4040
Contact:: 626-253-1323
MLS ID:: AR26168649

General: All Bedrooms Down
Appliances: Gas RangeRefrigeratorWater HeaterDryerWasher
Laundry: Common AreaWasher HookupGas Dryer Hookup
Flooring: TileWood
A/C: Wall/Window Unit(s)
Heating: Forced AirWall Furnace
Fireplace: None
Disability Feature: None

General: None
Style: CottageTraditional
Pool: None
Parking: AssignedAsphaltDetached CarportDrivewayPavedParking spaces: 5

Roofing: Asphalt
General: StoneStucco2

Road/Access: City Street
HOA Amenities: 0.0
Originating MLS: CRMLS_CRM
County: Los Angeles

Zoning: 5743002009
View: Mountain(s)View
Fencing: Wood

Utilities: Cable AvailableElectricity ConnectedNatural Gas ConnectedSewer ConnectedWater ConnectedStandard
Water: Public
Sewer: Public Sewer

Source: CRMLS_CRM

This listing courtesy of Susan Cook , COMPASS

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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