1836 N Allen, Pasadena, CA 91104
- $2,688,999
List Agent Ken Shah () KW Commercial; CoList ()
- List Price
- $2,688,999
- Price Change
- ▼ $149,001 1784701745
- Status
- ACTIVE
- MLS#
- IG26074366
- Year Built
- 1986
- Lot Size
- 10,320
- Lot Location
- Rectangular Lot, Walkstreet
- Days on Market
- 115
- Property Type
- Multifamily
- Style
- Modern
- Property Sub Type
- Apartment
- Stories
- Two Levels
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.
Additional Information
- Appliances
- Dishwasher, Gas Oven, Water Heater
- Pool Description
- None
- Heat
- Central
- Cooling
- Yes
- Cooling Description
- Central Air
- View
- City Lights, Mountain(s)
- Exterior Construction
- Frame, Stucco
- Roof
- Common Roof, Flat
- Sewer
- Public Sewer
- Water
- Public
Mortgage Calculator
Based on information from CRISNet MLS as of . All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.