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Stacey Alysson Melman

2152 E Washington
Pasadena, CA, 91104
$1,350,000
Beds
0 Baths
0 SqFt
0.19 Acres
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MLS #AR26168649 image #0
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.
AGENT: Susan Cook
LISTING BROKERAGE: COMPASS
2152 E Washington
Pasadena, CA

Property Details

Price:
$1,350,000
MLS #:
AR26168649
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Quadruplex
Neighborhood:
646pasadenane
Listed Date:
Aug 5, 2026
Total Sq Ft:
2,376
Lot Size:
8,118 sqft / 0.19 acres (approx)
Year Built:
1948
Cottage, Traditional646 – Pasadena (ne)646pasadenaneMountain(s)
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Schools

Interior

Appliances
RF, GR, WHU
Cooling
WW
Flooring
TILE, WOOD
Heating
FA, WL
Laundry Features
AR, GAS, DINC, WH, WINC
Levels
U

Exterior

Accessibility Features
NO
Architectural Style
COT, TRD
Common Walls
_1CW
Community Features
SDW, SL, SUB, CRB, FHL, PARK, HIKI
Construction Materials
STN, STC
Direction Faces
N
Fencing
WD
Garage Spaces
1
Parking Spots
5
Parking Total
5
Roof
ASP
Spa Features
NO
View
MT

Financial

Gross Operating Income
$90,684
Net Operating Income
$68,656
Taxes
$13,001

Map

Community

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