CA > Pasadena
Pasadena, CA 91106,51 S Allen Avenue
Pasadena, CA 91106,51 S Allen Avenue
Pasadena, CA 91106,51 S Allen Avenue
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$2,750,000
Est. payment /mo
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9 BD
9 BA
8,604 Sqft Lot
Active

51 S Allen Avenue Pasadena, CA 91106

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Richard Combs

Richard Combs

+1(619) 838-9307

UPDATED:

10/04/2024 11:47 AM

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID TR24201947

Bedrooms 9

HOA Y/N No

Lot Size 8,604 Sqft

Property Description

This unique 6-unit apartment building in the heart of Pasadena offers a compelling investment opportunity with a diverse unit mix: one three-bedroom unit with 2.5 baths, three two-bedroom units with 1.75 baths each, and two one-bedroom units with 1 bath each, all fully occupied by reliable tenants. Managed efficiently, the property is well-maintained and has undergone significant remodeling, with five units renovated between 2010 and 2019, and one unit newly remodeled in 2023. It features individual metering for gas and electricity, while the owner covers water, gardening, trash, and common area electricity costs. Parking is ample with 9 tuck-under spaces. Recent updates include a new roof installed in 2023 and new electric sub-panels for each unit. Additional amenities include private balconies for four units, a laundry area with new metered washer and dryers for added income. Located near Pasadena City College (PCC), CalTech University, and various dining options. This property not only offers residential attractiveness but also promising income potential, making it a solid investment choice.
This unique 6-unit apartment building in the heart of Pasadena offers a compelling investment opportunity with a diverse unit mix: one three-bedroom unit with 2.5 baths, three two-bedroom units with 1.75 baths each, and two one-bedroom units with 1 bath each, all fully occupied by reliable tenants. Managed efficiently, the property is well-maintained and has undergone significant remodeling, with five units renovated between 2010 and 2019, and one unit newly remodeled in 2023. It features individual metering for gas and electricity, while the owner covers water, gardening, trash, and common area electricity costs. Parking is ample with 9 tuck-under spaces. Recent updates include a new roof installed in 2023 and new electric sub-panels for each unit. Additional amenities include private balconies for four units, a laundry area with new metered washer and dryers for added income. Located near Pasadena City College (PCC), CalTech University, and various dining options. This property not only offers residential attractiveness but also promising income potential, making it a solid investment choice.

Location

State CA

County Los Angeles

Area Pasadena (91106)

Zoning Assessor

Interior

Cooling Central Forced Air

Appliance Forced Air Unit

Exterior

Garage Unit1:Assigned

Building

Lot Description Curbs, Sidewalks

Story 2

Lot Size Range 7500-10889 SF

Level or Stories 2 Story

Others

Space Rent $2,550

San Diego Regional MLS (SDMLS)
Listed by Vincent Yan • Berkshire Hathaway HomeServices California Properties

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Richard Combs

Broker | License ID: 01526804

+1(619) 838-9307

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51 S Allen Avenue

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