755 E Pine St , Altadena, CA 91001
$5,195,000
Est. Payment: $27,516.13/mo
3 Bed
3 Bath
13682 Sqft
Status: Active | Days on site: 183
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House Description

We are pleased to present 755 East Pine Street, a 19-unit value-add apartment community located in Altadena (unincorporated Los Angeles County), directly north of Pasadena and positioned at the base of the San Gabriel Mountains. The offering features a highly functional, workforce-oriented unit mix totaling 13,682 square feet on a 0.51-acre parcel, providing scale in a supply-constrained foothill submarket with strong renter demand driven by nearby Pasadena employment, education, and medical nodes. The property consists of (2) Studios (435 SF), (10) 1BR/1BA (756 SF), and (7) 2BR/1BA (925 SF), per seller/owner information. Four (4) renovated units are currently available, allowing an incoming owner to lease finished product immediately rather than fund and execute a turn program from day one. Originally constructed in 1958, the subject property benefits from classic Southern California garden-style fundamentals and on-site amenities that support durable tenant demand. Public marketing sources for this address indicate features such as a pool, on-site laundry, and gated/on-site parking. Altadena's profile is further supported by high-income demographics, with U.S. Census QuickFacts showing median household income of $128,720 (20202024, in 2024 dollars). Altadena is located in unincorporated Los Angeles County and is not subject to the City of Los Angeles RSO. The property falls under the County of Los Angeles Rent Stabilization and Tenant Protections Ordinance, which limits annual rent increases to 60% of CPI and includes just cause eviction protections. Altadena sits immediately north of Pasadena with convenient access to the Pasadena employment base, including major institutions such as Caltech and the Jet Propulsion Laboratory (JPL), as well as a broad concentration of professional services and innovation-oriented employers throughout the Pasadena corridor. The neighborhood setting also benefits from proximity to everyday retail and transit stops, and walkability indicators for the immediate area have been described as "Very Walkable" in third-party neighborhood scoring.

Highlights

Listed by Filip Niculete , 8182122748 and Glen Scher , 818-212-2808 Marcus & Millichap , 818-212-2700. CRMLS/Multi-Regional MLS mls logo

Property Type

Multi-Family

Lot/Acreage
0.51

Year Built

1958

County

Los Angeles

Area

604 - Altadena

Listing ID

26666319

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:3
  • Bathrooms:3
  • Full Bathrooms:0
Appliances:Refrigerator

Exterior Features

Lot:No Land Lease
Lot Dimensions:50x105
Garage Capacity:19
Zoning:LCR3YY
Others:
  • Additional:2+ Total Units
Parking Features:Detached Carport
Principal Interest
$27,516
Taxes
$3,312

Home Price

$5,195,000

Loan Details

30 yrs
6.952%

Down Payment

20%
$1,039,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$27,516.13

Principal

Taxes

Principal Taxes HOA Total
Monthly $27,516.13 $3,311.81 $0.00 $30,827.94
Yearly $330,193.51 $39,741.75 $0.00 $369,935.26
Total $9,905,805.44 $1,192,252.50 $0.00 $11,098,057.94

Today's Rates

30 Year

6.95%

20 Year

6.73%

15 Year

6.35%

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Market insight data is pulled from the same city as the listing being viewed (Altadena, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-09-23T10:55:49.000Z

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