518 E Washington
Pasadena, CA, 91104
$3,100,000
Beds
0 Baths
0 SqFt
0.35 Acres
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MLS #WS26091595 image #0
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.

Property Details

Price:
$3,100,000
MLS #:
WS26091595
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Apartment
Neighborhood:
646pasadenane
Listed Date:
May 5, 2026
Total Sq Ft:
8,406
Lot Size:
15,442 sqft / 0.35 acres (approx)
Year Built:
1961
646 – Pasadena (ne)646pasadenaneNone

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Schools

Interior

Cooling
WW
Heating
CF
Laundry Features
AR
Levels
U

Exterior

Common Walls
_2CW
Community Features
CW
Roof
CMP, SHN
Spa Features
NO
View
NO

Financial

Gross Operating Income
$263,954
Maintenance Fee
$16,327
Net Operating Income
$188,354

Map

Community

Market Summary

Current real estate data for Single Family in Pasadena as of Jun 05, 2026
335
Single Family Listed
58
Avg DOM
550
Avg $ / SqFt
$1,658,358
Avg List Price

Property Summary

    518 E Washington Pasadena CA is a Single Family for sale in Pasadena, CA, 91104. It is listed for $3,100,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1961. The average price per square foot for Single Family listings in Pasadena is $550. The average listing price for Single Family in Pasadena is $1,658,358.

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