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For sale
  • Listed by: KW Commercial • Ken Shah • Contact: 909-803-7676
    Price cut: $140K (5/12)
    $2,838,000

    1836 N Allen Ave, Pasadena, CA 91104

    12beds
    12baths
    5,959sqft
    : 
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    Multi Family
    Built in 1986
    -- sqft lot
    $2,752,300 Zestimate®
    $476/sqft
    $-- HOA

    What's special

    Quiet residential settingTwo-story layoutOn-site coin-operated laundry
    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.
    100 days
    |
    143
    |
    9
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Ken Shah DRE #01959110 909-803-7676,

    KW Commercial,

    Mariam Mkrtchyan DRE #01999603,

    KELLER WILLIAMS EMPIRE ESTATES

    Source: CRMLS,MLS#: IG26074366MLS LogoOriginating MLS: California Regional MLS

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 12
      • Bathrooms: 12
      Rooms
      • Room types: Bedroom, Family Room, Kitchen
      Bedroom
      • Features: All Bedrooms Up
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Gas Oven, Water Heater
      • Laundry: Common Area
      Features
      • Balcony, Storage, Track Lighting, All Bedrooms Up
      • Flooring: Carpet, Tile
      • Has fireplace: No
      • Fireplace features: None
      • Common walls with other units/homes: 2+ Common Walls,No One Above
      Interior area
      • Total structure area: 5,959
      • Total interior livable area: 5,959 sqft

      Property

      Parking
      • Total spaces: 12
      • Parking features: Assigned, Concrete, Covered, Carport, Community Structure
      • Carport spaces: 12
      Features
      • Levels: Two
      • Stories: 2
      • Entry location: Front door
      • Exterior features: Lighting
      • Pool features: None
      • Fencing: Brick,Wood
      • Has view: Yes
      • View description: City Lights, Mountain(s)
      Lot
      • Size: 10,320 Square Feet
      • Features: Rectangular Lot, Walkstreet
      Details
      • Parcel number: 5852001013
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Modern
      • Property subtype: Multi Family
      • Attached to another structure: Yes
      Materials
      • Frame, Stucco
      • Foundation: Concrete Perimeter
      • Roof: Common Roof,Flat
      Condition
      • Repairs Cosmetic,Turnkey
      • New construction: No
      • Year built: 1986

      Utilities & green energy

      • Electric: Standard
      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

      Community & HOA

      Community
      • Features: Biking, Curbs, Foothills, Storm Drain(s), Street Lights, Sidewalks
      • Security: Carbon Monoxide Detector(s), Smoke Detector(s), Security Lights
      Location
      • Region: Pasadena

      Financial & listing details

      • Price per square foot: $476/sqft
      • Date on market: 4/7/2026
      • Cumulative days on market: 101 days
      • Listing terms: Cash to New Loan,Conventional,1031 Exchange,Owner May Carry
      • Total actual rent: 164112
      • Tenant pays: Electricity, Gas
      • Road surface type: Alley Paved, Paved

        Estimated market value

        $2,752,300

        $2.61M - $2.89M

        $3,528/mo

        Price history

        DateEventPrice
        5/12/2026Price change$2,838,000-4.7%$476/sqft
        Source: CRMLS #IG26074366 Report a problem
        4/7/2026Listed for sale$2,978,000$500/sqft
        Source: CRMLS #IG26074366 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: East Central

        Getting around

        59 / 100
        Somewhat Walkable
        32 / 100
        Some Transit
        56 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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