HOW MUCH WOULD YOU LIKE TO OFFER FOR THIS PROPERTY?
Additional details
$ 2,688,999
Est. payment /mo
Price Dropped by $149K
1836 N Allen Pasadena, CA 91104
8 Beds
8 Baths
10,320 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID IG26074366
Bedrooms 8
Lot Size 10,320 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Well-maintained asset with a stable, long-term tenant base and below-market rents, offering a clear value-add opportunity through rental repositioning. The property provides a low-maintenance operational profile with strong fundamentals, making it ideal for investors seeking both stability and upside in a supply-constrained submarket. 6-unit townhome-style apartment building consisting of spacious 2-bedroom, 2-bath units averaging approximately 993 SF. Each unit features a two-story layout with 2 parking spaces per unit, on-site coin-operated laundry, and recent upgrades including HVAC and electrical panels. First time on the market in over 30 years with significant rental upside. Located in a desirable Altadena/Pasadena submarket near N. Allen Ave and New York Dr, the property benefits from a quiet residential setting with close proximity to major employment centers, retail corridors, and Pasadena amenities. The area is known for strong tenant demand, high-income demographics, and limited multifamily inventory.
Location
State CA
County Los Angeles
Zoning Appraiser
Direction N Allen ave and New Yourk St
Interior
Cooling Central Forced Air
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 5852001013
Acceptable Financing Conventional, Exchange, Seller May Carry
Listing Terms Conventional, Exchange, Seller May Carry
Listed by Ken Shah, DRE#01959110 KW Commercial
NEARBY SCHOOL & BUSINESS
GET MORE INFORMATION