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    Altadena, CA Multifamily Properties for Sale

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    Pasadena, CA Los Angeles, CA La Canada, CA
    Altadena Multi-Unit Craftsman Opportunity
    $1,200,000
    2,253 SF

    Altadena Multi-Unit Craftsman Opportunity

    2115 N Marengo Avenue, Altadena, CA 91001

    Turnkey multi-unit property in Altadena with mountain views.

    • Prime multi‑unit property with a Craftsman house and a duplex, offering immediate cash‑flow potential.
    • The front Craftsman house features 3 bedrooms and 2 bathrooms with updated windows, copper plumbing, forced air furnace, and bolted foundation.
    • The duplex consists of two 1‑bedroom, 1‑bathroom units, each with laundry connections and off‑street parking.
    • Duplex units have newer windows, roof, and copper plumbing, plus open‑concept living spaces with hardwood floors.
    • Located on a 9,900 sqft lot with picturesque mountain views in Southwest Altadena.
    Updated: Feb 25
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    Altadena Multi-Unit Investment Opportunity
    $1,300,000
    0.23 Acres

    Altadena Multi-Unit Investment Opportunity

    2115 N Marengo Ave, Altadena, CA 91001

    Turnkey triplex with updated features and cash-flow potential in Altadena.

    • Multi‑unit property featuring a Craftsman house and a duplex for immediate cash‑flow.
    • Prime Southwest Altadena location with easy access to freeways, shopping, and dining.
    • The Craftsman house offers 3 bedrooms and 2 bathrooms with updated windows, copper plumbing, forced air furnace, and bolted foundation.
    • Duplex units each include 1 bedroom, 1 bathroom, laundry connections, and off‑street parking.
    • Newer roof and copper plumbing in the duplex units.
    Updated: Apr 24
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    Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 2 Active listings in Altadena, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 66 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Pasadena Duplex: Versatile Redevelopment Opportunity
    $1,599,000
    3,168 SF

    Pasadena Duplex: Versatile Redevelopment Opportunity

    Renovated Pasadena duplex with diverse potential uses and prime location.

    1325 Glen, Pasadena, CA 91103
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    Updated Triplex in Pasadena Heart
    $2,100,000
    0.27 Acres

    Updated Triplex in Pasadena Heart

    Well-maintained, updated triplex with investment potential in Pasadena.

    1550 N Lake Ave, Pasadena, CA 91104
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    1922 Spanish-Style Quadruplex on Lake
    $2,800,000

    1922 Spanish-Style Quadruplex on Lake

    Charming 4-unit property with upside potential in Pasadena.

    1157 Lake Ave, Pasadena, CA 91104
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    Pasadena Multifamily Investment Opportunity
    $1,900,000

    Pasadena Multifamily Investment Opportunity

    Well-maintained 6-unit property in North Central Pasadena with strong cashflow.

    1500 Navarro Ave, Pasadena, CA 91103
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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Ready-to-Issue Affordable Housing Project
    $1,800,000
    0.26 Acres

    Ready-to-Issue Affordable Housing Project

    78-unit affordable housing project near Dodger Stadium and Mount Washington.

    3526 Arroyo Seco Ave, Los Angeles, CA 90065
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    Development Opportunity with DTLA Views
    $799,000
    9,746.00 Acres

    Development Opportunity with DTLA Views

    Land with potential for up to 23 units.

    700 Lookout Dr, Los Angeles, CA 90012
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    Silver Lake Affordable Housing Development
    $2,350,000
    0.18 Acres

    Silver Lake Affordable Housing Development

    Ready-to-Issue 54-unit affordable housing development opportunity in prime Silver Lake.

    1108 Manzanita St, Los Angeles, CA 90029
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    El Monte Development Opportunity
    $515,000
    7,422.00 Acres

    El Monte Development Opportunity

    R3-zoned lot ideal for multi-family residential development.

    2509 Floradale Avenue, El Monte, CA 91732
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    Off-Market Properties in Altadena, CA

    Consider similar Off-Market properties in Altadena, CA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    111 Pne St
    APARTMENT HOUSE (5+ UNITS)
    5,520 SF Lot: 0.52 Acres
    Estimated value
    $1,670,000

    111 Pne St, Altadena, CA 91001-4803

    View details
    1958 Lk Ave
    APARTMENT HOUSE (5+ UNITS)
    4,544 SF Lot: 0.31 Acres
    Estimated value
    $655,000

    1958 Lk Ave, Altadena, CA 91001-3038

    View details
    915 Beverly Way
    APARTMENT HOUSE (5+ UNITS)
    3,578 SF Lot: 0.15 Acres
    Value Estimation by Request

    915 Beverly Way, Altadena, CA 91001-2513

    View details
    699 Altadena Dr
    APARTMENT HOUSE (5+ UNITS)
    26,694 SF Lot: 0.87 Acres
    Estimated value
    $3,160,000

    699 Altadena Dr, Altadena, CA 91001

    View details
    708 Palm St
    APARTMENT HOUSE (5+ UNITS)
    4,416 SF Lot: 0.39 Acres
    Estimated value
    $760,000

    708 Palm St, Altadena, CA 91001-1916

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    2080 Raymond Ave
    APARTMENT HOUSE (5+ UNITS)
    4,650 SF Lot: 0.22 Acres
    Estimated value
    $1,300,000

    2080 Raymond Ave, Altadena, CA 91001-5700

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    2191 El Sereno Ave
    APARTMENT HOUSE (5+ UNITS)
    7,524 SF Lot: 0.37 Acres
    Estimated value
    $1,775,000

    2191 El Sereno Ave, Altadena, CA 91001-5642

    View details
    738 Sacramento St
    APARTMENT HOUSE (5+ UNITS)
    3,372 SF Lot: 0.47 Acres
    Estimated value
    $1,280,000

    738 Sacramento St, Altadena, CA 91001-2405

    View details
    664 Sacramento St
    APARTMENT HOUSE (5+ UNITS)
    3,552 SF Lot: 0.38 Acres
    Estimated value
    $2,875,000

    664 Sacramento St, Altadena, CA 91001-3047

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    2058 Lk Ave, Unit 6
    APARTMENT HOUSE (5+ UNITS)
    5,912 SF Lot: 0.29 Acres
    Estimated value
    $1,120,000
    Unit 6

    2058 Lk Ave, Altadena, CA 91001-2439

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    620 Altadena Dr
    APARTMENT HOUSE (5+ UNITS)
    2,570 SF Lot: 0.20 Acres
    Estimated value
    $510,000

    620 Altadena Dr, Altadena, CA 91001-4100

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    2624 Lk Ave
    APARTMENT HOUSE (5+ UNITS)
    11,374 SF Lot: 0.57 Acres
    Estimated value
    $4,220,000

    2624 Lk Ave, Altadena, CA 91001-1971

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    665 Altadena Dr
    APARTMENT HOUSE (5+ UNITS)
    46,584 SF Lot: 1.86 Acres
    Value Estimation by Request

    665 Altadena Dr, Altadena, CA 91001-4137

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    665 Altadena Dr
    APARTMENT HOUSE (5+ UNITS)
    11,504 SF Lot: 0.42 Acres
    Value Estimation by Request

    665 Altadena Dr, Altadena, CA 91001-4137

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    403 Figueroa Dr
    APARTMENT HOUSE (5+ UNITS)
    34,710 SF Lot: 1.21 Acres
    Estimated value
    $3,895,000

    403 Figueroa Dr, Altadena, CA 91001-5547

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    820 Mendocino St
    APARTMENT HOUSE (5+ UNITS)
    4,155 SF Lot: 0.33 Acres
    Estimated value
    $1,780,000

    820 Mendocino St, Altadena, CA 91001-2436

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    931 Morada Pl
    APARTMENT HOUSE (5+ UNITS)
    3,776 SF Lot: 0.24 Acres
    Estimated value
    $1,455,000

    931 Morada Pl, Altadena, CA 91001-3137

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    2615 Lk Ave
    APARTMENT HOUSE (5+ UNITS)
    6,720 SF Lot: 0.18 Acres
    Estimated value
    $2,445,000

    2615 Lk Ave, Altadena, CA 91001-1947

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    737 Pne St
    APARTMENT HOUSE (5+ UNITS)
    9,502 SF Lot: 0.43 Acres
    Value Estimation by Request

    737 Pne St, Altadena, CA 91001-1986

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    2131 Raymond Ave
    APARTMENT HOUSE (5+ UNITS)
    7,665 SF Lot: 0.60 Acres
    Estimated value
    $825,000

    2131 Raymond Ave, Altadena, CA 91001-5711

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    2055 Santa Rosa Ave
    APARTMENT HOUSE (5+ UNITS)
    8,644 SF Lot: 0.48 Acres
    Estimated value
    $3,135,000

    2055 Santa Rosa Ave, Altadena, CA 91001-2900

    View details
    2548 El Molino Ave
    APARTMENT HOUSE (5+ UNITS)
    6,448 SF Lot: 0.36 Acres
    Estimated value
    $1,205,000

    2548 El Molino Ave, Altadena, CA 91001-2318

    View details

    Altadena, CA Multifamily Properties Investment Opportunities Market Analysis

    Explore 68 multifamily properties for sale in Altadena, CA on our real estate platform. These investment opportunities span a total of 2,253 square feet of properties for sale, with an estimated market value of $1,200,000.

    Sale prices for multifamily properties in Altadena, CA start at $1,200,000, averaging $1,200,000, and reaching up to $1,200,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Triplexes 2
    Duplexes 1

    Demographics Overview

    Population 36K
    Population Growth (5Y) -3.5%
    Median Household Income $133,840
    College Educated 38.7%

    High-Yield Neighborhoods for Investment

    Identify Altadena submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    91001 $1.3M

    Taxes & Financing

    Tax Rate (average for all types) 1.04%
    Property Tax per SF $14.42 per sq ft
    Tax Rate vs County Average 0.20 pp below county avg
    Average Loan-to-Value 65.0%

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