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Listed by Ken Shah, DRE #01959110 • KW Commercial
$ 2,688,999
Est. payment /mo
Price Dropped by $149K
1836 N Allen Pasadena, CA 91104
10,320 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRIG26074366
Style Contemporary
Year Built 1986
Lot Size 10,320 Sqft
Source California Regional MLS
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
Area 645 - Pasadena (Nw)
Rooms
Kitchen Dishwasher, Oven - Gas
Interior
Heating Central Forced Air
Cooling Central AC
Laundry Laundry Area, Washer/Dryer - Owned, Community Facility
Exterior
Parking Features Assigned Spaces, Carport , Common Parking - Shared, Covered Parking, Other
Garage Spaces 12.0
Pool None
View Hills, City Lights
Roof Type Flat / Low Pitch,Other
Building
Foundation Concrete Perimeter
Water Hot Water, District - Public
Architectural Style Contemporary
Others
Tax ID 5852001013
Special Listing Condition Not Applicable
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