118 N Allen Unit 4 , Pasadena, CA 91106
$1,059,000
Est. Payment: $5,494.92/mo
3 Bed
3 Bath
1401 Sqft
0.18 Acres
Status: active | Days on site: 1
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20652 - WS82362
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House Description

PRIME PASADENA INVESTMENT OPPORTUNITY | BUILT IN 2020 | 3 BEDROOMS | 3 BATHROOMS | ESTABLISHED AIRBNB OPERATION 118 N Allen Ave #4, Pasadena, CA 91106 An exceptional opportunity to own a modern condominium in desirable central Pasadena! Built in 2020 and operated as an Airbnb since 2021, this well-maintained property features 3 bedrooms and 3 bathrooms, with a private bathroom for each bedroom—ideal for families, business travelers, and larger groups. ESTABLISHED AIRBNB RENTAL HISTORY Unlike a newly launched rental, this property offers an established short-term rental operation with several years of hosting history. Its current Airbnb listing has earned an impressive 5.0-star rating from 18 guest reviews, reflecting excellent guest satisfaction. An attractive opportunity for investors seeking a property with an existing rental track record. Buyers are encouraged to contact the seller’s agent for historical rental income, occupancy rates, and operating performance. DESIRABLE PASADENA LOCATION Conveniently located near Caltech, restaurants, shopping, businesses, and public transportation, the property offers easy access to everyday amenities and attracts visiting families, students, business travelers, and tourists. BUILDER-OWNED PROPERTY – NOW FOR SALE Originally retained by the builder as a long-term investment, the property has been operated as an Airbnb since 2021. The builder is now selling to allocate capital toward other development projects, creating an opportunity to acquire a relatively new property with an established rental history. PROPERTY HIGHLIGHTS * Built in 2020 with modern construction. * 3 bedrooms and 3 bathrooms. * Private bathroom for each bedroom. * Established Airbnb operation since 2021. * Current Airbnb rating: 5.0 stars with 18 reviews. * Prime Pasadena location near Caltech and local amenities. * Previously operated as a builder-owned income-producing investment. A UNIQUE OPPORTUNITY IN PASADENA! Whether you are looking for a modern residence or an investment property with an established Airbnb operating history, this property is worth exploring. Contact the seller’s agent for additional rental performance information and schedule your private showing today!

Highlights

Listed by SHUO YAN , 626-533-9080 Pinnacle Real Estate Group , 626-888-9808. CRMLS/Multi-Regional MLS mls logo

Property Type

Condo/Townhome

Lot/Acreage
0.18

HOA Fee

430 Monthly

Year Built

2020

County

Los Angeles

Area

645 - Pasadena (NW)

School District

Pasadena Unified

Listing ID

WS26236558

Questions about this listing?

Contact Agent

Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:3
  • ▪ Bathrooms:3
  • ▪ Full Bathrooms:3
Appliances:Gas Oven, Gas Range
Air Cond:Central Air
Fireplaces:
Other:
  • ▪ Additional:Walk-In Closet(s)
Water:Public

Exterior Features

Lot:Landscaped,No Land Lease
Garage Capacity:2
Sewer:Public Sewer
Parking Features:Garage
Principal Interest
$5,495
Taxes
$675
HOA
$430

Home Price

$1,059,000

Loan Details

30 yrs
6.75%

Down Payment

20%
$211,800
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:
$5,494.92

Principal

Taxes

HOA

Principal Taxes HOA Total
Monthly $5,494.92 $675.11 $430.00 $6,600.04
Yearly $65,939.08 $8,101.35 $5,160.00 $79,200.43
Total $1,978,172.31 $243,040.50 $154,800.00 $2,376,012.81

Today's Rates

30 Year

6.75%

20 Year

6.86%

15 Year

6.24%

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Market insight data is pulled from the same city as the listing being viewed (Pasadena, 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: 2026-11-07T19:34:22.000Z

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