1836 N Allen , Pasadena, CA 91104
$2,688,999
Est. Payment: $13,530.62/mo
12 Bed
12 Bath
5959 Sqft
Status: active | Days on site: 105
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House Description

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.

Highlights

Listed by Ken Shah , 909-803-7676 and Mariam Mkrtchyan , 626-755-0030 KW Commercial , 909-803-7676. CRMLS/Multi-Regional MLS mls logo

Property Type

Multi-Family

Lot/Acreage
0.24

Year Built

1986

County

Los Angeles

Area

645 - Pasadena (NW)

Listing ID

IG26074366

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:12
  • Bathrooms:12
  • Full Bathrooms:
Appliances:Dishwasher, Gas Oven, Water Heater
Air Cond:Central Air
Fireplaces:
Floor:Carpet,Tile
Other:Balcony,Storage,Track Lighting,All Bedrooms Up
Other:Public

Exterior Features

Lot:Rectangular Lot,Walkstreet,No Land Lease
Garage Capacity: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
Principal Interest
$13,531
Taxes
$1,714

Home Price

$2,688,999

Loan Details

30 yrs
6.453%

Down Payment

20%
$537,800
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:
$13,530.62

Principal

Taxes

Principal Taxes HOA Total
Monthly $13,530.62 $1,714.24 $0.00 $15,244.85
Yearly $162,367.41 $20,570.84 $0.00 $182,938.26
Total $4,871,022.43 $617,125.27 $0.00 $5,488,147.70

Today's Rates

30 Year

6.45%

20 Year

6.33%

15 Year

5.88%

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Current Listings

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Average Price

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Average Days on Market

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Aug 2026
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: 2026-08-09T02:36:50.000Z

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