$1,100,000
$1,250,000
12.0%For more information regarding the value of a property, please contact us for a free consultation.
1540 N Allen Ave. Pasadena, CA 91104
7,440 Sqft Lot
Key Details
Sold Price $1,100,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PW25145891
Sold Date 08/27/25
HOA Y/N No
Year Built 1946
Lot Size 7,440 Sqft
Property Sub-Type Quadruplex
Property Description
A prime investment opportunity on the Altadena/Pasadena border - this 4-plex is comprised of three 2 bed/1bath units and one studio. The apartments are clean and generously sized with in-unit laundry (except studio) as well as air conditioning. Each unit has assigned off street parking. The property has been lovingly maintained by the same family for decades and with some upgrades and extensive interior and exterior remediation following the Eaton Fire (scheduled to be completed within the next couple of weeks). With its desirable location, well-maintained units and stable tenant base, this investment offers both immediate returns and long-term growth potential.
Location
State CA
County Los Angeles
Area 646 - Pasadena (Ne)
Interior
Fireplace No
Laundry In Garage, In Kitchen
Exterior
Garage Spaces 2.0
Carport Spaces 1
Garage Description 2.0
Pool None
Community Features Sidewalks
Total Parking Spaces 6
Private Pool No
Building
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 5852004017
Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange
Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange
Financing Trade
Special Listing Condition Standard
Lease Land No
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Bought with Trina Gagliano Vista Sotheby's International Realty