1836 N Allen, Pasadena, CA 91104 | MLS #IG26074366 | Willis Allen Real Estate
DRE# 01204280

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  • 83 days on site
  • 0 views

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.

Source: CRMLS, MLS#: IG26074366

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  • Property Type
    Residential Income
  • Lot
    0.24 acres

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  • Median Age
    40
  • Population Density
    9,917
  • College Educated
    52%
  • Estimated Median Income
    $78,285
  • Estimated Total Home Owners
    6,830
  • Estimated Total Renters
    6,800
  • Owner / Renter Divide
    50% / 50%
  • Estimated Average Household Size
    3
  • Total Population
    37,784
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 1836 N Allen

Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
5/12/2026Source: CRMLS Price Reduction
$2,838,000 -4.7%
4/7/2026Source: CRMLS Added to Database
April 07, 2026
Listing provided courtesy of KW CommercialKen Shah- MLS# IG26074366MLS ProviderContact Information: [email protected] - 909-803-7676