Altadena CA Multi Family for Sale
$4,200,000
856 Alameda Street Altadena, CA 91001
- Type:
- Mixed Use
- Sq.Ft.:
- 6,812
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.34 Acres
- Year built:
- 1987
- Baths:
- MLS#:
- CV24237527
ADDITIONAL INFORMATION
Discover an exceptional residential income property in a highly sought-after Altadena neighborhood. This versatile investment features four separate buildings with a total of nine income-generating units, including one single-family residence, two duplexes, and one four-plex. Unit numbers include 1, 1A, 2, 3, 3A, 4, 5, 5B, and 6. The property offers a mix of layouts to cater to diverse tenant needs, with highlights such as 8 covered carport spaces, 2 uncovered spaces, and a shared laundry area, while Units #1, #2, and #4 enjoy the added convenience of interior laundry. Designed for ease of management, this low-maintenance property includes 6 gas meters and 7 electric meters, ensuring efficient operation. Select units feature private enclosed yards, and all are equipped with wall A/C and heaters. There are also two storage units on the property. The buildings are thoughtfully laid out, with Unit #6 as a standalone home, Units #5 and #5B forming a duplex, Units #2 and #4 featuring an upper/lower duplex design, and Units #1, 1A, 3, and 3A comprising a four-plex. The property has been meticulously maintained, with roofs in great condition at just 15 years old, freshly landscaped grounds, and recently remodeled interiors. This is a prime investment opportunity offering stable rental income and significant upside potential in a fantastic location. Contact us today and be sure to check out our video tour!
$1,350,000
768 Sacramento Street Altadena, CA 91001
- Type:
- Fourplex
- Sq.Ft.:
- 2,924
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.27 Acres
- Year built:
- 1950
- Baths:
- MLS#:
- TR24186729
ADDITIONAL INFORMATION
4 Units Apartment Complex situated in a quite Altadena Neighborhood. Three - 2 Bed/1 Bath Units and One - 1 Bed/ 1 Bath Unit (2 of Units are free standing single story houses). 2,924 sf. living square feet and a large 11,735 square-foot lot size. Each unit has it’s own electric meter, gas meter, water heater and laundry hook-ups. A Detached 2 Car Garage in the back of lot. There is ample amount of parking on-site, and plenty of potential to add ADU and Junior ADU on existing lot (buyer to verify). Each unit has it's own car garage. Low maintenance and easy management. Located within close proximity to Old Town Pasadena, 210 freeway, CalTech, JPL, and walking distance to the park, coffee shops, and restaurants. Don't miss this opportunity!
$1,815,000
1468 Allen Avenue Altadena, CA 91104
- Type:
- Apartment
- Sq.Ft.:
- 4,185
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.27 Acres
- Year built:
- 1953
- Baths:
- MLS#:
- P1-18932
- Subdivision:
- Not Applicable
ADDITIONAL INFORMATION
Property to be sold only in combination with 1458 N. Allen, immediately adjacent to the south for a total of 10 units on two parcels at $3,975,000. Individual laundry in each unit and enclosed garage space for each unit. Two duplexes and one SFR with fireplace. All roofs have been recently replaced except for the garage. The property has been well maintained over the years.
$2,160,000
1458 Allen Avenue Altadena, CA 91104
- Type:
- Cluster
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.34 Acres
- Year built:
- 1955
- Baths:
- MLS#:
- P1-18931
- Subdivision:
- Not Applicable
ADDITIONAL INFORMATION
Property to be sold only in combination with 1468 N. Allen, immediately adjacent to the north for a total of 10 units on two parcels at $3,975,000. All roofs have been recently replaced and the property has been well maintained over the years. Two units are unattached and have fireplaces. All units have laundry hookups. All units are rented.
$3,750,000
2058 N Lake Avenue Altadena, CA 91001
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.57 Acres
- Year built:
- 1940
- Baths:
- MLS#:
- CRPF24148851
View additional info
Courtesy: Sotheby's International Realty
ADDITIONAL INFORMATION
Property Details: This investment opportunity comprises two parcels of land totaling 24,744 square feet. The current development on these parcels includes: Parcel 1: A 9-unit apartment complex featuring a mix of 6 one-bedroom and 3 two-bedroom units. Additionally, this parcel boasts three 2-car garages and on-site laundry facilities. Parcel 2: Positioned to the north, this parcel includes a single-family residence at the rear of the property with a detached garage conversion. Notably, the front portion of this parcel offers ample parking space for up to 18 vehicles and a site for development. Opportunity 1: Expansion and Conversion: The prospective investor can explore the possibility of adding additional units to the parking area. Additionally, there exists the potential to convert the current garages into income-generating units, thereby maximizing the revenue potential of the property. Opportunity 2-A new development of low income housing for Senior citizens or… Alternatively, investors may opt to embark on a new development project encompassing both parcels. This comprehensive approach allows for the creation of a fresh, integrated development plan spanning across the entire property. Importantly, rental income from the existing structures can be sustained throughout the pl
Altadena Real Estate
The median home value in Altadena, CA is $1,300,000. This is higher than the county median home value of $796,100. The national median home value is $338,100. The average price of homes sold in Altadena, CA is $1,300,000. Approximately 68.8% of Altadena homes are owned, compared to 24.45% rented, while 6.75% are vacant. Altadena real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Altadena real estate agent to arrange a tour today!
Altadena, California has a population of 43,384. Altadena is less family-centric than the surrounding county with 28.87% of the households containing married families with children. The county average for households married with children is 30.99%.
The median household income in Altadena, California is $109,743. The median household income for the surrounding county is $76,367 compared to the national median of $69,021. The median age of people living in Altadena is 43.9 years.
Altadena Weather
The average high temperature in July is 86.4 degrees, with an average low temperature in January of 46.7 degrees. The average rainfall is approximately 22.5 inches per year, with 0 inches of snow per year.