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Garden Multifamily Property
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Pending

738 E Sacramento Street, Altadena, CA 91001

For-sale multifamily with six cottage-style homes and parking, with rezoning approval potential for up to 18 units.

Property SizeContact for details
Days on Market477

Property Features for 738 E Sacramento Street

General Information

Standard status Pending
Property subtype Multifamily
Zoning Public Rec

Additional Details

Multifamily Units 6

Building Details

Buildings 5
Stories 1
Units 6
Listing Agency: SOUTHLAND PROPERTIES
Listed By: Daniel Boyer · License #01355369
Source: Crexi
Added: May 19, 2025 Changed: Aug 8 Last Checked: Jul 25 at 4:55AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SOUTHLAND PROPERTIES

Investment Insights

Based on property information with market context.

This for-sale multifamily property features six cottage-like homes. Each unit offers 1 bedroom and 1 bathroom, except one unit, which has 2 bedrooms and 1 bathroom. The grounds include lush landscaping and fruit trees, creating a private, garden-like setting, and the property is served by a private long road providing separation and access.

Situated in Altadena, the homes are arranged with spacious parking areas for residents and guests.

In addition to the existing six units, the property has been rezoned for up to 18 units, offering future development flexibility while maintaining the current rental configuration.

Key Highlights

  • Rezoned for up to 18 units (per remarks).
  • Multifamily property with six cottage‑like homes.
  • Unit mix includes five 1 bed / 1 bath homes and one 2 bed / 1 bath home.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Hair Salon Grocery & Convenience Store Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6
Residential units

Location Intelligence

Trade Area within ½ mile

539
Businesses Nearby

Demographics for 91001, CA

36,578
Population
13,335
Households
2.7
Avg Household Size
45
Median Age
52%
College-Educated
93%
High-School Grad
8.3 sq mi
ZIP Area
4,407
Density / Sq Mi
$133,840
Median Household Income
$64,449
Median Earnings
$2,298
Median Rent
$1,085,000
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - For-sale multifamily with six cottage-style homes and parking, with rezoning approval potential for up to 18 units.
Where is this apartment building located?
The property is located at 738 E Sacramento Street Altadena, CA.
What is the asking price?
The asking price for this property is $1,298,800.
What are key features of this property?
This property features: Rezoned for up to 18 units (per remarks).; Multifamily property with six cottage‑like homes.; Unit mix includes five 1 bed / 1 bath homes and one 2 bed / 1 bath home.
(626) 484-0688 Call to check price and availability
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