755 E Pine Street, Altadena, CA 91001
- 13,682 sqft
other 
Built in 1958 
0.51acre lot
—— car garage 
$409/sqft 
Listed 2 months ago
Property Description
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 units and ~$2,200$2,600 for 2-bedroom units, supporting substantial mark-to-market potential upon completion of renovations and lease-up.Originally constructed in 1958, the subject property benefits from classic Southern California garden style fundamentals and on site amenities that support durable t
- Listing Status:
- Active
- Date Added:
- March 11, 2026
- Data Last Updated:
- May 20, 2026 at 7:06AM
- Listing Office:
- Marcus & Millichap : 818-212-2700
- Listing Agent:
- Filip Niculete : 818-212-2763
- MLS ID:
- CL26666319
- Parking: Other
- County: Los Angeles
- Zoning: LCR35841030021
This listing courtesy of Filip Niculete , Marcus & Millichap
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
