1836 N Allen, Pasadena, CA 91104
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1836 N Allen, Pasadena, CA 91104
1836 N Allen, Pasadena, CA 91104
1836 N Allen, Pasadena, CA 91104
1836 N Allen, Pasadena, CA 91104
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$ 2,978,000
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1836 N Allen Pasadena, CA 91104

10,319 Sqft Lot


UPDATED:

Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID IG26074366

Construction Status Repairs Cosmetic,Turnkey

HOA Y/N No

Year Built 1986

Lot Size 10,319 Sqft

Property Sub-Type Apartment

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)

Interior

Interior Features Balcony, Storage, Track Lighting, All Bedrooms Up

Heating Central

Cooling Central Air

Flooring Carpet, Tile

Fireplaces Type None

Fireplace No

Appliance Dishwasher, Gas Oven, Water Heater

Laundry Common Area

Exterior

Exterior Feature Lighting

Parking Features Assigned, Concrete, Covered, Carport, Community Structure

Carport Spaces 12

Fence Brick, Wood

Pool None

Community Features Biking, Curbs, Foothills, Storm Drain(s), Street Lights, Sidewalks

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

View Y/N Yes

View City Lights, Mountain(s)

Roof Type Common Roof,Flat

Total Parking Spaces 12

Private Pool No

Building

Lot Description Rectangular Lot, Walkstreet

Story 2

Entry Level Two

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

Architectural Style Modern

Level or Stories Two

New Construction No

Construction Status Repairs Cosmetic,Turnkey

Others

Senior Community No

Tax ID 5852001013

Security Features Carbon Monoxide Detector(s),Smoke Detector(s),Security Lights

Acceptable Financing Cash to New Loan, Conventional, 1031 Exchange, Owner May Carry

Listing Terms Cash to New Loan, Conventional, 1031 Exchange, Owner May Carry

Special Listing Condition Standard


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Listed by Ken Shah KW Commercial 909-803-7676, DRE #01959110

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Rita Antashkevich

Rita Antashkevich

Advisor | License ID: 02214781

+1(818) 482-3111

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1836 N Allen