$2,688,999 Est. $9,902 / mo.*

1836 N Allen Pasadena , CA 91104

Property listed by KW Commercial, Ken Shah {attribution_contact}

Description

6 Units
Co Agent License#: 01999603
Property Type: Apartment
Status: Active
Year Built: 1986
Days on Website: 134
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.

Open House

Property Details and Features

Tour This Home

Contact an Agent

Christopher Lechner

(562) 972-0388