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    Altadena, CA Multifamily Properties for Sale

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    16-Unit Apartment Property Portfolio
    Updated: Jan 24
    16-Unit Apartment Property Portfolio

    2629 Lake Avenue, Altadena, CA 91001

    $5,150,000
    12,652 sqft
    16 total residential units across a 14‑unit apartment property and separate duplex
    15 of 16 units currently vacant and rent ready
    14 individual enclosed garages included with the properties
    Two adjacent parcels must be sold together due to shared driveway and lot configurations
    Property remediated following the Eaton Fire
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    This listing looks promising.

    Here's a quick look at some key insights for

    2629 Lake Avenue, Altadena, CA 91001

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    • Est. Cap Rate

      4.3%
      NOI ÷ price

    • Est. NOI

      $221K
      Annual

    • Mortgage

      $1.5M
      Mar 2019

    • Last Sold

      May 1998
      $640K

    • Property Type

      Apartment House
      Built 1949
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    Renovated Triplex Property
    Updated: Jul 27
    Renovated Triplex Property

    1983 N Lake Avenue, Altadena, CA 91001

    Contact for pricing
    850 sqft 0.10 AC lot
    Renovated 850‑square‑foot apartment with 2 bedrooms and 1 bathroom
    0.1012‑acre property at 1983 N Lake Avenue, Altadena, CA 91001
    In‑unit stacked LG front‑load washer and dryer
    Mini‑split AC units in the living room and both bedrooms
    Kitchen includes granite counters and stainless‑steel appliances
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    C2-Zoned Triplex With Covered Parking
    C2-Zoned Triplex With Covered Parking

    637 W Altadena Drive, Altadena, CA 91001

    $1,095,000
    2,887 sqft

    Three-unit, two-story triplex with separate utilities, covered carports, and month-to-month tenancy for flexible ownership.

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    19-Unit Apartment Building
    19-Unit Apartment Building

    755 E Pine Street, Altadena, CA 91001

    $5,595,000
    13,682 sqft 0.51 AC lot

    Garden-style multifamily property with a diversified unit mix, on-site amenities, and convenient access to Pasadena employment centers.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Three-Unit Residential Income Property
    Three-Unit Residential Income Property

    547 E Woodbury Road, Altadena, CA 91001

    $1,245,000
    0.44 AC lot

    Three standalone units on a large parcel with potential to add an ADU, offered with detailed income and floor plans.

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    Renovated Duplex with Backyard Parking
    Renovated Duplex with Backyard Parking

    185 E Woodbury Rd, Altadena, CA 91001

    Contact for pricing
    2,916 sqft 0.19 AC lot

    Well-maintained duplex features two renovated residences, central A/C, and four covered driveway parking spaces plus a large backyard.

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    Duplex with Two-Car Garage
    Duplex with Two-Car Garage

    795 Morada Place, Altadena, CA 91001

    Contact for pricing
    2,254 sqft 0.18 AC lot

    Two residences share a paved driveway and offer separate living arrangements with kitchens, laundry access, storage, and landscaped outdoor areas.

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    Multifamily Property with EV Garages
    Multifamily Property with EV Garages

    820 E Mendocino St, Altadena, CA 91001

    Contact for pricing

    Upgrades include new plumbing, tankless water heaters, and 220V EV charging outlets in the garages.

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    Garden Multifamily Property
    Garden Multifamily Property

    738 E Sacramento Street, Altadena, CA 91001

    Contact for pricing

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

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    Based on your search, we've compiled 78 Potential Opportunities for your consideration. Besides 9 Active listings in Altadena, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 63 Off-Market properties to explore as potential leads, plus 2 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.

    Detached Duplex With Private Yards
    Detached Duplex With Private Yards

    1501 N El Molino Avenue, Pasadena, CA 91104

    $1,000,000
    0.23 AC lot

    Two separate residences provide gated outdoor areas, dedicated parking, and distinct architectural character.

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    Courtyard-Style 8-Unit Apartment
    Courtyard-Style 8-Unit Apartment

    2010 N Los Robles Ave, Pasadena, CA 91104

    $2,498,888

    Eight-unit courtyard building with one- and two-bedroom layouts, central courtyard patios, and garages plus additional open parking.

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    Occupied Two-Unit Duplex
    Occupied Two-Unit Duplex

    166 Dearborn Street, Pasadena, CA 91103

    $980,000

    Two rental units feature hardwood floors, en-suite laundry connections, and distinct historic architectural details.

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    Twelve-Unit Multifamily Building
    Twelve-Unit Multifamily Building

    1677 N Lake Avenue, Pasadena, CA 91104

    $2,975,000

    Twelve-unit apartment building with covered parking and an onsite laundry room.

    View details

    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.

    Entitled Income-Restricted Housing Project
    Entitled Income-Restricted Housing Project

    3812 W Adams Blvd, Los Angeles, CA 90018

    $3,900,000
    15,359 sqft 0.35 AC lot

    Entitled 106-unit income-restricted housing project with RTI permits.

    View details
    Vacant Land Near Hansen Dam
    Vacant Land Near Hansen Dam

    11819 Kagel Cyn, Los Angeles, CA 91342

    $3,500,000
    6.95 AC lot

    6.95 acres of vacant land near major freeways.

    View details

    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)

    111 Pne St, Altadena, CA 91001-4803

    $1,670,000
    Estimated value
    5,520 sqft 0.52 AC lot
    View details
    1958 Lk Ave
    APARTMENT HOUSE (5+ UNITS)

    1958 Lk Ave, Altadena, CA 91001-3038

    $655,000
    Estimated value
    4,544 sqft 0.31 AC lot
    View details
    915 Beverly Way
    APARTMENT HOUSE (5+ UNITS)

    915 Beverly Way, Altadena, CA 91001-2513

    $265,000
    Estimated value
    3,578 sqft 0.15 AC lot
    View details
    699 Altadena Dr
    APARTMENT HOUSE (5+ UNITS)

    699 Altadena Dr, Altadena, CA 91001

    $3,160,000
    Estimated value
    26,694 sqft 0.87 AC lot
    View details
    708 Palm St
    APARTMENT HOUSE (5+ UNITS)

    708 Palm St, Altadena, CA 91001-1916

    $760,000
    Estimated value
    4,416 sqft 0.39 AC lot
    View details
    2080 Raymond Ave
    APARTMENT HOUSE (5+ UNITS)

    2080 Raymond Ave, Altadena, CA 91001-5700

    $1,300,000
    Estimated value
    4,650 sqft 0.22 AC lot
    View details
    2191 El Sereno Ave
    APARTMENT HOUSE (5+ UNITS)

    2191 El Sereno Ave, Altadena, CA 91001-5642

    $1,775,000
    Estimated value
    7,524 sqft 0.37 AC lot
    View details
    738 Sacramento St
    APARTMENT HOUSE (5+ UNITS)

    738 Sacramento St, Altadena, CA 91001-2405

    $1,280,000
    Estimated value
    3,372 sqft 0.47 AC lot
    View details
    664 Sacramento St
    APARTMENT HOUSE (5+ UNITS)

    664 Sacramento St, Altadena, CA 91001-3047

    $2,875,000
    Estimated value
    3,552 sqft 0.38 AC lot
    View details
    2058 Lk Ave, Unit 6
    APARTMENT HOUSE (5+ UNITS)

    2058 Lk Ave, Altadena, CA 91001-2439

    Unit 6
    $1,120,000
    Estimated value
    5,912 sqft 0.29 AC lot
    View details
    620 Altadena Dr
    APARTMENT HOUSE (5+ UNITS)

    620 Altadena Dr, Altadena, CA 91001-4100

    $500,000
    Estimated value
    2,570 sqft 0.20 AC lot
    View details
    2624 Lk Ave
    APARTMENT HOUSE (5+ UNITS)

    2624 Lk Ave, Altadena, CA 91001-1971

    $4,135,000
    Estimated value
    11,374 sqft 0.57 AC lot
    View details
    665 Altadena Dr
    APARTMENT HOUSE (5+ UNITS)

    665 Altadena Dr, Altadena, CA 91001-4137

    $110,000
    Estimated value
    46,584 sqft 1.86 AC lot
    View details
    665 Altadena Dr
    APARTMENT HOUSE (5+ UNITS)

    665 Altadena Dr, Altadena, CA 91001-4137

    $110,000
    Estimated value
    11,504 sqft 0.42 AC lot
    View details
    403 Figueroa Dr
    APARTMENT HOUSE (5+ UNITS)

    403 Figueroa Dr, Altadena, CA 91001-5547

    $3,895,000
    Estimated value
    34,710 sqft 1.21 AC lot
    View details

    Altadena, CA Multifamily Properties Market Trends and Statistics

    Explore 72 multifamily properties for sale in Altadena, CA, showcased through 9 active listings on our real estate platform. These investment opportunities span a total of 35,241 square feet of properties for sale, with an estimated market value of $13,085,000.

    Sale prices for multifamily properties in Altadena, CA start at $1,095,000, averaging $3,271,250, and reaching up to $5,595,000 — 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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    Map

    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Triplexes 4
    Duplexes 3
    Apartment buildings 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 average listing prices of real estate assets

    Neighborhood Average Price
    91001 $798K

    Taxes & Financing

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

    Listings Trend

    New vs delisted commercial listings in Los Angeles County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Los Angeles County

    Retail

    Office

    Residential Income

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