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Listed by John Boyett • Datashare CR Default Office Don't Delete
$4,795,000
Est. payment /mo
7,280 SqFt
New
2191 El Sereno Avenue Altadena, CA 91001
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Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 7,280 sqft
Price per Sqft $658
MLS Listing ID CL25608779
HOA Y/N No
Year Built 1923
Lot Size 0.365 Acres
Property Sub-Type Other
Source Datashare CLAW
Property Description
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.
Location
State CA
County Los Angeles
Interior
Fireplace No
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