51 S Allen Avenue
Pasadena, CA 91106
- – beds
- – baths
- – sqft
- 8,604 sqft lot
- 1979 build
- – on site
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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.
Listed By CRMLS_CA / Vincent Yan / Berkshire Hathaway HomeServices California Properties / 626-512-8333
Last checked:
Checking…
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Last updated Nov 15, 2024
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MLS# TR24201947 —
The Building
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Year Built:1979
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Year Built Source:Assessor
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New Construction:No
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Roof:Shingle
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Entry Level:2
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Common Walls:2+ Common Walls
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Building Area Total:5150.00
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Building Area Units:Square Feet
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# of Buildings:1
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Total Number Of Units:6
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Stories Total:2
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# of Separate Gas Meters:6
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# of Separate Water Meters:1
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# of Separate Electric Meters:7
Interior
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Levels:Two
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Entry Location:1
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Fireplace:No
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Fireplace:None
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Laundry:Dryer Included, In Carport, Washer Included
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Laundry:1
Location
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Directions:East of Hill Ave, South of Colorado Blvd.
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Latitude:34.14501700
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Longitude:-118.11353600
The Property
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Property Type:Residential Income
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Subtype:Apartment
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Zoning:PSR3
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Lot Features:Lot 6500-9999, Rectangular Lot, Level, Sprinkler System, Sprinklers In Front
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Lot Size Area:8604.0000
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Lot Size Acres:0.1975
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Lot Size SqFt:8604.00
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Lot Size Source:Assessor
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Property Attached:1
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Additional Parcels:No
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Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Census Tract:4634.00
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Tax Tract:37612
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Tax Lot:1
The Listing
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Special Listing Conditions:Standard
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Parcel Number:5736025030
Heating & Cooling
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Heating:1
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Heating:Central, Forced Air
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Cooling:Yes
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Cooling:Central Air
Utilities
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Sewer:Public Sewer
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Water Source:Public
The Community
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Senior Community:No
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Features:Curbs, Sidewalks, Suburban
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Pool:None
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Private Pool:No
Parking
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Parking:Yes
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Parking:Assigned, Carport, Covered
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Parking Spaces:9.00
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Carport Spaces:9.00
Extra Units
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Average 1 Bed Area:550
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Average 2 Bed Area:850
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Average 3 Bed Area:1500
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Number With Disposal:6
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Number With Dishwasher:6
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
11/15/24
Nov 15, 2024
|
Sold | CRMLS_CA | $2,700,000 | -1.8% |
11/13/24
Nov 13, 2024
|
Pending | CRMLS_CA | $2,750,000 | |
10/2/24
Oct 2, 2024
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Listed / Active | CRMLS_CA | $2,750,000 |