1540 N Allen Ave., Pasadena, CA 91104
- $1,100,000
- Sold Price
- $1,100,000
- List Price
- $1,250,000
- Closing Date
- Aug 27, 2025
- Status
- CLOSED
- MLS#
- PW25145891
- Year Built
- 1946
- Lot Size
- 7,439
- Acres
- 0.17
- Days on Market
- 8
- Property Type
- Multifamily
- Property Sub Type
- Quadruplex
- Stories
- One Level
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.
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Additional Information
- Pool Description
- None
- Garage Spaces Total
- 2
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Attached
- Number Of Units Total
- 4
- Gross Scheduled Income
- $80,748
- Operating Expense
- 4500
Listing courtesy of Listing Agent: Katie Manes (katie.manes@kw.com) from Listing Office: Keller Williams Realty.
Listing sold by Trina Gagliano from Vista Sotheby's International Realty
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