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Berkshire Hathaway HomeServices California Properties

1836 N Allen, Pasadena, CA 91104

$2,688,999 Approx. USD

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Berkshire Hathaway HomeServices California Properties 11828 Rancho Bernardo Rd, Ste 210
San Diego, CA 92128 888-995-7575

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Listing Agent

Ken Shah | KEN@KENSHAH.COM
Lic#: 01959110
Broker: Courtesy of KW Commercial
Phone: 909-803-7676

Co Listing Agent

Mariam Mkrtchyan | mariam.kaleo@gmail.com
Lic#: 01999603
Broker: Courtesy of KELLER WILLIAMS EMPIRE ESTATES

Listing Details

Property type: Apartment (Multi-Family)

Property Sub-Type:

Status: Active

Listing ID: IG26074366

List price is $2,688,999 Reduced by $149,001 on 7/22/2026

Price: $2,688,999

Rental Rate: $2,688,999

Lot Size:

None fireplaces

Built in 1986

2 stories

0.24 acres

County: Los Angeles

Property style: Modern

Construction: Frame,Stucco

Interior features: Balcony,Storage,Track Lighting,All Bedrooms Up

Exterior features: Lighting

Appliances: Dishwasher,Gas Oven,Water Heater

Parking description: Assigned,Concrete,Covered,Carport,Community Structure

Lot description: Rectangular Lot,Walkstreet

Heating/cooling: Central Air

Heating description: Central

Last Updated: 7/22/2026

Days On Market (DOM): 121

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The style of this listing is Modern.
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Lat/Long: 34.177615, -118.111719.
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Lot Details

Easement Present: (Easement present. For more information, contact agent.)

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Property Details

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.

Financials

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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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