$5,150,000

Residential Income In Altadena

  • 17 Beds
  • 14 Baths
  • 12,652 Sqft
  • 18,896 Sqft lot
  • Updated: April 24
  • Source:
    The MLS (CLAW)  MLS#26779707

About the Property

15 OF 16 UNITS CURRENTLY VACANT AND RENT READY! We are pleased to present a rare investment opportunity in Altadena where the rebirth of the City has already begun. These two properties combined are 16 residential units with 15 vacant offering a fresh start slate for investors seeking immediate lease-up potential and long-term upside. The offering consists of two adjacent parcels, a 14-unit apartm
15 OF 16 UNITS CURRENTLY VACANT AND RENT READY! We are pleased to present a rare investment opportunity in Altadena where the rebirth of the City has already begun. These two properties combined are 16 residential units with 15 vacant offering a fresh start slate for investors seeking immediate lease-up potential and long-term upside. The offering consists of two adjacent parcels, a 14-unit apartment property and a separate Duplex property, providing operational flexibility, owner-user potential and eliminating the requirement for an on-site manager. The property has been fully remediated following the Eaton Fire, presenting a fresh start with renewed confidence in the asset’s condition. The properties benefit from new roofs within the past few years 14 INDIVIDUAL, ENCLOSED GARAGES, all of which are currently vacant offering further income potential or added tenant appeal in a competitive rental market. With strong fundamentals, minimal deferred maintenance, and significant lease-up opportunity, this Altadena property is ideally suited for investors looking to stabilize and maximize returns in what will be a premiere rental location. Two properties must be sold together because of shared driveway and lot configurations. Duplex address is 765 E. Pine St., Altadena, APN# [hidden information]. Price includes both properties!
  • Property type

    Other

  • Floors

    2

  • Year built

    1949

  • Price/sqft

    $407

Features

  • Garage
  • Duplex
  • Investment Property

Explore the Area

2629 Lake Avenue, Altadena, California, United States View on Google Maps
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Realty Investment Advisors, Inc. - Santa Monica

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Realty Investment Advisors, Inc. - Santa Monica
California, United States
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4
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2025
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Realty Investment Advisors, Inc. - Santa Monica
Santa Monica, California, United States
View agency profile
Last updated
April 24
First listed
Apr 24
Listing reference
26779707
Listing status
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