1836 N Allen, Pasadena, CA 91104
List Price: $2.69M
Listing Status: Active
Original List Price: $2.98M
0Days on Market: 105
0 Bedrooms · 0 Bathrooms
Property Type: ResidentialIncome
Year Built: 1986
Lot Size: 10,320 sq ft
Private Pool: Yes
MLS Number: IG26074366
About This Property
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.
Listing provided by: Ken Shah DRE #01959110 909-803-7676 KEN@KENSHAH.COM, KW Commercial
Source: CRMLS, MLS #: IG26074366
Belmont Brokerage Inc. (DRE #02431308) is not the listing office for this property. We provide buyer representation and consultation. Any “Schedule a Tour” or “Contact” form on this page contacts a Belmont Brokerage agent — not the listing agent above.