Pasadena (NW) (645) Homes with Apartment Subtype

Welcome to the charming neighborhood of Northwest Pasadena, a hidden gem nestled within the vibrant city of Pasadena, California. Known for its rich history and stunning architecture, this area offers a unique blend of urban convenience and suburban tranquility. With tree-lined streets, a diverse community, and an array of local amenities, Northwest Pasadena is an ideal place for families, professionals, and anyone seeking a welcoming environment.

One of the standout features of this region is the variety of homes available, particularly those with an apartment subtype. These residences provide a fantastic opportunity for homeowners and investors alike. Whether you’re looking for a spacious multi-family home or a cozy unit that offers rental potential, Northwest Pasadena’s real estate market has something to suit every need.

Many homes in this area boast charming architectural details, such as Spanish-style facades and mid-century designs, while also incorporating modern updates that cater to today’s lifestyle. The proximity to local parks, shops, and restaurants means that residents can enjoy the best of Pasadena right at their doorstep.

With easy access to major highways and public transportation, commuting to downtown Los Angeles or other nearby areas is a breeze. Plus, the rich cultural scene, including the famous Rose Bowl and numerous art galleries, ensures there’s always something exciting happening in the neighborhood.

Explore the inviting homes of Northwest Pasadena, where you can find the perfect blend of comfort, community, and convenience. Your dream home awaits!

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.