Listing provided courtesy of Ken Shah of KW Commercial. Last updated 2026-04-08 08:11:23.000000. Listing information © 2026 Sandicor.
Asking Price: $2,978,000 |
1836 Allen, Pasadena CA 91104
Community: 645 - Pasadena (NW)
This Apartment property was built in 1986 and is priced at $2,978,000. Please see the additional details below.
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.
































