755 E Pine Street, Altadena, CA 91001

Altadena
Local realty services provided by:ERA North Orange County Real Estate
755 E Pine Street,Altadena, CA 91001
$5,595,000
  • 26 Beds
  • 19 Baths
  • 13,682 sq. ft.
  • Multi-family
  • Active
Listed by: filip niculete, glen scher
Office: marcus & millichap818-212-2700
MLS#:26666319
Source:CRMLS

Price summary

  • Price:$5,595,000
  • Price per sq. ft.:$408.93

About this home

We are pleased to present 755 East Pine Street, a 19-unit value-add apartment community located in Altadena (unincorporated Los Angeles County), directly north of Pasadena and positioned at the base of the San Gabriel Mountains. The offering features a highly functional, workforce oriented unit mix totaling 13,682 square feet on a 0.51-acre parcel, providing scale in a supply-constrained foothill submarket with strong renter demand driven by nearby Pasadena employment, education, and medical nodes.The property consists of (2) Studios (435 SF), (10) 1BR/1BA (756 SF), and (7) 2BR/1BA (925 SF. Ten (10) units are currently vacant, presenting a rare, immediate execution path to renovate and stabilize operations, allowing an investor to reposition the asset through a systematic interior upgrade program, optimize the rent roll, and capture strong "as-renovated" rent premiums in the immediate trade area. For reference, advertised rents in the area commonly range around ~$2,000 for 1 bedroom...

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Home facts

  • Year built:1958
  • Listing ID #:26666319
  • Added:45 day(s) ago
  • Updated:May 03, 2026 at 10:30 AM

Rooms and interior

  • Bedrooms:26
  • Total bathrooms:19
  • Kitchen Description:Refrigerator
  • Living area:13,682 sq. ft.

Heating and cooling

  • Heating:Wall Furnance

Structure and exterior

  • Year built:1958
  • Building area:13,682 sq. ft.
  • Lot area:0.51 Acres
  • Levels:2 Story

Finances and disclosures

  • Price:$5,595,000
  • Price per sq. ft.:$408.93

Parking

  • Total parking spaces:19
  • Parking description:Detached Carport
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