$3,050,000
 $16,373 est/mo Sourced by Back At You

518 E Washington,Pasadena, CA 91104

Pasadena, CA 91104

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Description

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 sellermaking this a turnkey investment opportunity with strong in-place improvements and long-term upside potential.

Details

MLS #WS26091595
Listing TypeFor Sale
StyleCondominium
Sub-TypeResale
StatusActive
Year1961
Days On Site112
Listing Provided ByKeller Williams Realty/Pasadena | KEVIN LUTZ

Features

SQ Feet8,406
Story(s)2
Units9
Building(s)1
Acreage0.35
Property ViewNone

Interior

CoolingWall Window Units
HeatingCentral
Heating Yes / NoYes
Cooling Yes / NoYes

Exterior

RoofComposition, Shingle
Lot FeaturesLevel

Parking

Garage Yes / NoNo

Utilities

SewerPublic Sewer

Location

Community FeaturesGutters

Area Information

StateCA
CountyLos Angeles
CityPasadena
Zip Code91104
Area646 Pasadena (NE)
Listing VS Median (in 91104)
Price:
$3,050,000
low | high
Med:
$2,498,888
68.069245901639% of Average
sqft:
8,406
low | high
Med:
6,623
71.211039733524% of Average
$ / sqft:
$363
low | high
Med:
$377
46.012393333713% of Average
On site:
112
low | high
Med:
229
48.908296943231% of Average
Sourced by Back At You

Market Activity 91104

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Learn More About This Property

StateCA
CountyLos Angeles
CityPasadena
Zip Code91104
Area646 Pasadena (NE)
Listing VS Median (in 91104)
Price:
$3,050,000
low | high
Med:
$2,498,888
68.069245901639% of Average
sqft:
8,406
low | high
Med:
6,623
71.211039733524% of Average
$ / sqft:
$363
low | high
Med:
$377
46.012393333713% of Average
On site:
112
low | high
Med:
229
48.908296943231% of Average
Sourced by Back At You
Listing Updated: August 24, 2026 at 10:59:17 AM PDT