This exceptional 16-unit apartment building presents a rare investment opportunity in the highly sought-after Altadena, CA neighborhood. Situated on a 0.37-acre lot at 2191 El Sereno Avenue, this fully remodeled property boasts 7,280 square feet of living space. Originally constructed in 1923, the building has been meticulously updated, seamlessly blending its historical charm with modern amenities. The unit mix includes thirteen studios, two one-bedroom/one-bathroom units, and one unique two-story one-bedroom/one-bathroom loft. Significant upgrades include new electrical and plumbing systems, a stunning Santa Barbara smooth coat stucco exterior, and Milgard double-pane solid wood windows throughout. Each unit features high-end finishes such as white oak floors, solid wood kitchen cabinets, walk-in closets, fire-rated front doors, in-unit laundry, tankless water heaters, and energy-efficient mini-split systems. Bathrooms are elegantly appointed with subway tile and clawfoot tubs. Residents enjoy designated parking and individual utility metering for water and all other utilities. A spacious patio area, complete with lounge chairs, Italian lighting, and a bike rack, provides a welcoming common space. The building's prime location offers convenient access to popular local establishments such as Homestate, Stumptown Coffee, Perry's Joint, and Loma Alta Park. This turnkey property represents a compelling investment opportunity for discerning buyers seeking a high-quality, income-producing asset in a desirable location. The asking price is $6,495,000.
Property Details
for 2191 El Sereno Ave
Property type
Commercial real estate
Square Feet
7,280 SF
Year Built
1923
Lot Size (sq. ft)
16,117 SF
Location Insight
City
Altadena
County
Los Angeles
State
California
Latitude
34.18338
Longitude
-118.1526
Nearby Similar for Sale
For Sale
$1,675,000
Altadena Commercial Land - $1.675M
Prime Altadena commercial lot, 13,300 sq ft, C-3 zoning.
Commercial real estate - 16-Unit Apartment Building, Fully Remodeled
Where is the commercial real estate located?
The property is located at 2191 El Sereno Ave Altadena, CA.
What is the asking price?
The asking price for this property is $6,495,000.
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El Sereno Ave Altadena, CA 91001
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
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2191 El Sereno Ave
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