Pasadena Multifamily Investment
92 N Allen Avenue, Pasadena, CA 91106
Apartment - Pasadena, CA
Type:Apartment
Property size:
5,971 SFLot size:
15,894.00 AcresPrice / SF:
$500/SF- Added:
- Jan 16, 2026
- Days on Market:
- 128
- Last Refresh:
- May 24 at 5:06 pm
Property Features for 92 N Allen Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Apartment
- Bedrooms
- 16
- Bathrooms
- 8
- Rooms
- Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
- Parking
- 3
- Exterior features
- Community Features Included: Sidewalks, Street Lights, Suburban, 6-10 Units/Acre, Lot 10000-19999 Sqft
- Standard status
- Active
- APN
- 5746017163
- Size
- 5,971 SF
- Lot size
- 15,894.00 Acres
Building Details
- Year built
- 1922
- Floors in Building
- 2
- Number of units
- 6
- Architectural style
- Other
Listing agent Chung Ping Wang License #01146991 (626) 807-6725
Listing office Century 21 Ludecke Inc. 34 E. Foothill Blvd., Arcadia, CA (626) 445-0123
Listing date Jan 16, 2026
MLS# AR26011394
Listing URL
Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Significant development potential for a 9‑11 unit condo project.
- Fully occupied 6‑unit income property providing immediate income.
- Located in a desirable, transit‑accessible Pasadena neighborhood.
- Walking distance to Pasadena City College and near Caltech.
- Zoned RM32, supporting multi‑unit development.
- Includes a large 6‑bedroom unit (2,073 sq ft) and a 3‑bedroom unit (1,300 sq ft).
Overview
Located in the heart of Pasadena, this fully occupied income property features six units across four buildings. Situated within walking distance of Pasadena City College and near Caltech, the property offers convenient access to local amenities. The unit at 92 N Allen Avenue comprises 6 bedrooms and 2 bathrooms within 2,073 square feet. Units 94-1, 94-2, and 94-3 each contain 2 bedrooms and 1 bathroom, spanning 780 square feet. Unit 98 includes 1 bedroom and 1 bathroom in 528 square feet, while unit 100 offers 3 bedrooms and 2 bathrooms within 1,300 square feet. Zoned RM32, the 0.36-acre lot presents significant development potential for a 9 to 11-unit condominium project in a desirable, transit-accessible neighborhood. The 5,971 square foot property allows for immediate income generation while plans for new construction are underway, presenting a unique investment opportunity.
Property Profile
Location Intelligence
Current Use by Public Records
Commercial land
Location Insight
- Map
- Local Demand
- City
- Pasadena
- County
- Los Angeles
- State
- California
- Longitude
- -118.1127957
- Latitude
- 34.1477141
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Fully occupied 6-unit property with development potential in Pasadena.
Where is this apartment building located?
The property is located at 92 N Allen Avenue Pasadena, CA.
What is the asking price?
The asking price for this property is $2,990,000.
What are key features of this property?
This property features: Significant development potential for a 9‑11 unit condo project.; Fully occupied 6‑unit income property providing immediate income.; Located in a desirable, transit‑accessible Pasadena neighborhood.
