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Diego Magdaleno

diego@1visionproperties.com +1(714) 376-8652

$4,900,000

Est. payment - /mo

16 Beds

16 Baths

7,280 SqFt

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Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 7,280 sqft

Price per Sqft $673

MLS Listing ID 25549257

Bedrooms 16

Construction Status Updated/Remodeled

HOA Y/N No

Year Built 1923

Lot Size 0.365 Acres

Property Description

Located in one of Altadena's most desirable neighborhoods, this exceptional 16-unit apartment building offers a rare opportunity to acquire a fully renovated asset that blends timeless architecture with modern resilience. Originally built in 1923 and thoughtfully restored, the property has not only withstood recent environmental challenges but stands as a testament to quality construction and thoughtful upgrades. Set behind a gated entry, the two-story building features a unit mix of 13 studios, 2 one-bedroom/one-bath units, and 1 spacious two-story loft-style one-bedroom/one-bath. The entire building has undergone extensive renovations, including new electrical and plumbing systems, a Santa Barbara smooth coat stucco exterior, and Milgard double-pane solid wood windows, designed to provide durability and energy efficiency in changing climates. Each unit offers premium finishes: white oak flooring, solid wood kitchen cabinetry, subway-tiled bathrooms with clawfoot tubs, walk-in closets, fire-rated front doors, in-unit laundry, tankless water heaters, and efficient mini-split HVAC systems. The property is fully individually metered for all utilities including water ensuring streamlined operations for ownership. Tenants enjoy designated parking; a spacious shared patio complete with Italian lighting and lounge seating. Just minutes from Homestate, Stumptown Coffee, Kismet and the famous Perry's Joint, offering unmatched access to Altadena's vibrant local culture and natural beauty. Whether you're looking to add a high-performing asset to your portfolio or seeking a stable, turnkey property in a growth market, this building represents the best of Altadena, charm, location, and enduring value.

Location

State CA

County Los Angeles

Area 604 - Altadena

Zoning LCR175

Interior

Heating Electric, Forced Air

Cooling Electric

Flooring Tile, Wood

Fireplaces Type None

Fireplace No

Appliance Disposal, Refrigerator, Dryer, Washer

Exterior

Parking Features Assigned, Controlled Entrance

Pool None

Community Features Gated

View Y/N Yes

View Mountain(s)

Porch Open, Patio

Total Parking Spaces 16

Private Pool No

Building

Story 2

Entry Level Multi/Split

Sewer Other

Architectural Style Spanish

Level or Stories Multi/Split

New Construction No

Construction Status Updated/Remodeled

Others

Senior Community No

Tax ID 5835020011

Security Features Fire Detection System,Security Gate,Gated Community,Key Card Entry,Resident Manager,Smoke Detector(s)

Financing Cash

Special Listing Condition Standard

Read Less Info

Listed by Lotoya Bailey • Nourmand & Associates-HW

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2191 El Sereno AVE Altadena, CA 91001