Pasadena (NW) (645) Homes with Apartment Subtype

Welcome to the enchanting neighborhood of Northwest Pasadena, a hidden gem nestled within the vibrant city of Pasadena, California. Known for its rich history, stunning architecture, and a warm sense of community, this area is perfect for those seeking a harmonious blend of suburban charm and urban convenience.

Northwest Pasadena boasts a diverse array of homes, including delightful residences with apartment subtypes. These properties offer an ideal solution for homeowners looking for additional rental income or multi-generational living arrangements. With spacious layouts and modern amenities, these homes are designed to cater to a variety of lifestyles, making them an excellent investment opportunity.

The region is characterized by tree-lined streets, picturesque parks, and a welcoming atmosphere. Residents enjoy easy access to local shops, cafes, and restaurants, creating a vibrant neighborhood feel. The nearby Pasadena Playhouse and the iconic Rose Bowl provide endless entertainment options, while the stunning San Gabriel Mountains serve as a breathtaking backdrop for outdoor enthusiasts.

Education is a priority in Northwest Pasadena, with several highly-rated schools and community resources available for families. The area’s strong sense of community is evident in its numerous local events and cultural festivals, fostering connections among neighbors and celebrating the rich heritage of Pasadena.

Whether you’re looking to settle down in a spacious home with an apartment subtype or seeking an investment opportunity, Northwest Pasadena offers a unique blend of comfort, convenience, and charm. Discover the beauty of this remarkable neighborhood and make it your next home!

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.