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755-757 E Pine St
Altadena, CA 91001

$5,595,000 USD

Apartments For Sale  •  13,682 SF

Property Details

  • Property Type Apartments
  • Total Building Size 13,682 SF
  • Lot Size 0.51 AC
  • Building Class C
  • Year Built 1958
  • Zoning LCR3YY
30 Transit Score
50 Walk Score

Highlights

19-Unit Value-Add Opportunity Well-scaled multifamily asset featuring 19 units on a ±0.51-acre parcel in a supply-constrained Altadena submarket.
Significant Vacancy = Immediate Upside Ten (10) vacant units provide a rare opportunity to renovate and lease without tenant displacement risk.
Attractive Unit Mix for Workforce Housing Efficient mix of studios, 1BR, and 2BR units appeals to a broad renter base and supports long-term occupancy
Value-Add Renovation Play Clear path to increase NOI through interior upgrades, operational improvements, and strategic lease-up.
Desirable Altadena Location Positioned in a high-demand foothill community adjacent to Pasadena, known for strong demographics and limited new supply.
Proximity to Major Employment Hubs Minutes from key employers including Caltech, Jet Propulsion Laboratory (JPL), and the broader Pasadena.

Amenities

  • Laundry Facilities
  • Storage Space

Public Transportation

AirportDriveWalkDistance
Bob Hope 30 min - 20.0 mi
Long Beach (Daugherty Field) 50 min - 31.2 mi
Los Angeles International 48 min - 31.8 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 3
Type: Surface
Included in Rent: Yes
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