$4,795,000

House for sale Altadena
Property photo number 1 of 6 Photos for Property. File  96727433_29_cf552f7408c72b4ad466d1142e0fdf21.jpeg

Overview

SUMMARY: Discover an opportunity with this Altadena house for sale and available for $4,795,000. This could be your next ideal home or a smart investment. More details await.
We are pleased to present a rare opportunity to acquire 2191 El Sereno Ave, a well-maintained 16-unit apartment building, renovated in 2018. Ideally positioned between West Woodbury Road and Fair Oaks Avenue, this property is situated in the highly sought-after Altadena rental
market a prime location with strong tenant demand. Spanning a 15, 909-square-foot lot with 7, 524 square feet of gross building area, the property features a highly desirable unit mix of thirteen (13) studios, two (2) one-bathroom units, and one (1) loft unit, offering significant rental income potential. Residents enjoy access to premium amenities, including a gated common area, in-unit laundry, and 16 gated parking spots. Originally constructed in 1923 and thoughtfully renovated in 2018, 2191 El Sereno Ave seamlessly blends historic charm with modern convenience. With three units currently vacant, the property offers immediate upside for investors seeking to capitalize on Altadena's strong rental demand. These vacancies present a rare chance to implement market-rate leasing strategies and maximize cash flow from day one. Whether you're expanding your portfolio or entering a high-performing submarket, this asset delivers a turnkey investment opportunity with long-term growth potential.

Altadena CA 91001

16 bedroom house for sale

  • Beds: 16
  • Baths: 16
  • Price: $4,795,000
  • Area: 7,280 sqft

Location

Altadena CA 91001

16 bedroom house for sale

For Your Home


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