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About the Listing IGKWC01 - IGSHAHKEN,CV36956
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 Highlights
Status
Active
Days on Site
43
Property Type
Multi-Family
MLS ®
IG26074366
Year Built
1986
Total Square Footage
5,959
Lot/Acreage
0.24
County
Los Angeles
Area
645 - Pasadena (NW)
Interior Details
- Bedrooms: 12
- Bathrooms: 12 Full
- Appliances: Dishwasher, Gas Oven, Water Heater
- Air Cond: Central Air
- Heating: Central
- Fireplaces:
- Floor: Carpet,Tile
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other: Balcony,Storage,Track Lighting,All Bedrooms Up
- Water: Public
Exterior Details
- Lot Description: Rectangular Lot,Walkstreet,No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 12
- Roof: Common Roof,Flat
- Others: Lighting,Repairs Cosmetic,Turnkey,Frame,Stucco,2+ Total Units
- Sewer: Public Sewer
- Parking Features: Assigned,Concrete,Covered,Carport,Community Structure
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 5852001013
- Tax Year: N/A
Payment Calculator
Monthly Payment
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Questions About..
1836 N Allen Pasadena, CA 91104
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