Listed by ERIC CHEN with CB RICHARD ELLIS 909-418-2000

1253 E. Washington Boulevard is situated on the corner of E. Washington Boulevard and N. Chester Avenue, between N. Lake Avenue and N. Hill Avenue, just a few blocks North of the 210 Freeway. The property is a short distance to grocery stores, restaurants, parks, and schools. The property is also within minutes to essential frequented city locations-- Shops on Lake Avenue, The Paseo, Oldtown Pasadena, Pasadena City College, California Institute of Technology, Jet Propulsion Laboratory, Art Center College of Design and Eaton Canyon Nature Center.
The city of Pasadena is ideally located within Southern California and offers easy and convenient access to all of Los Angeles County, Ventura County, San Bernardino County and beyond through the 210, 134, 110, 2 and 5 freeways as well as the Allen Gold Line Metro Rail station. Significant local landmarks within a 20-mile radius include: The Huntington Library, The Rose Bowl, Dodger Stadium, Crypto. com Arena, Santa Anita Park, Griffith Observatory, Los Angeles Zoo, Hollywood Walk of Fame, Hollywood Bowl, Universal Studios, and more.
1253 E. Washington Boulevard is a charming property situated on a large lot of approximately +-15,921 square feet. The majority of the units consist of spacious cottage-style floorplans and all units are comprised of wall air conditioning and heating, carpet flooring, vertical blinds, have private porches, patios and/or balconies, and spacious kitchens with gas oven/stove combinations. The property features an open grass courtyard, mature landscaping, garage and surface parking with ample street parking.
1253 E. Washington Boulevard is a prime Pasadena income-producing property and a great value-add opportunity for a short or long-term investment. The property is in a highly desirable centrally located neighborhood and offers stability for any type of investor whether it may be a first-time purchaser, seasoned investor, or those seeking a 1031 exchange opportunity.