Pasadena (NW) (645) Homes with Apartment Subtype

Welcome to the charming neighborhood of Pasadena (NW), a vibrant enclave nestled in the heart of Los Angeles County, California. Known for its rich history, stunning architecture, and a lively arts scene, this area offers a unique blend of urban convenience and suburban tranquility. With its tree-lined streets, picturesque parks, and a warm community atmosphere, Pasadena (NW) is an ideal place for families, young professionals, and retirees alike.

One of the standout features of this region is the diverse range of homes available, particularly those with an apartment subtype. These residences are perfect for those seeking a multi-generational living arrangement or an opportunity for rental income. Imagine enjoying the comforts of your own home while having the option to host family or generate extra revenue from a separate living space. The homes here often boast charming architectural details, spacious layouts, and modern amenities, catering to a variety of lifestyles.

Pasadena (NW) is not just about beautiful homes; it’s also about the lifestyle that comes with them. Residents can take advantage of nearby cultural attractions like the Norton Simon Museum and the iconic Rose Bowl, along with a plethora of dining and shopping options. The area is well-connected to major freeways and public transit, making commuting a breeze.

Whether you're looking to settle down in a cozy apartment-style home or invest in a property with rental potential, Pasadena (NW) presents an enticing opportunity to embrace the best of Southern California living. Come discover your dream home in this charming community!

Newest Pasadena (NW) (645) Homes with Apartment Subtype

$2,599,000

TR26131676 MLS ⋅ Active Status

481 Lincoln Ave., Pasadena is a turnkey and upgraded 7 units apartment complex (Unit mix: 4x 1 Bed+1 Bath, 1x 2 Bed+1 Bath, 2x 2 Bed+2 Baths). Class-A Location, and 100% OCCUPIED. ASSUMABLE EXISTING LOAN AT 3.83% UNTIL FEBRUARY, 2029 !!!! 2 story building was built in 1903 and single story building was built in 1952. 2 STORY BUILDING EXTERIOR FAÇADE WERE FULLY RENOVATED AND UPGRADED IN 2021. 5 out of 7 units were also upgraded with New Paint, Kitchen, Bathroom, Flooring. Updated Roof, New Electrical Main Panels and Subpanels. New Plumbing. New Windows. New Driveway Entrance. Each unit is individually metered for electricity and gas. Parking is provided by 5 open spaces between 2 buildings. The property is situated on a large corner lot of approximately 12,011 SF lot size. Great value-add opportunity for a short or long-term investment. The property is in a highly desirable centrally located neighborhood and offers stability for any type of investor whether it may be a first-time purchaser, seasoned investor, or those seeking a 1031 exchange opportunity.

481 Lincoln Avenue, Pasadena

$2,688,999

IG26074366 MLS ⋅ Active Status

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.

1836 N Allen, Pasadena

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.