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118 N Allen #4, Pasadena, CA 91106

$1,059,000
•
  • 3

    bed

  • 3

    bath

  • 1,401

    Sqft ($756/Sqft)

Condominium for sale 5 hours

About 118 N Allen #4

Property type Condominium
Neighborhood
Year built 2020
HOA fee $430/month
Lot size 7,882 Sqft
Movoto estimate
Parking 2 garage spaces
Rental estimate
Property description
PRIME PASADENA INVESTMENT OPPORTUNITY | BUILT IN 2020 | 3 BEDROOMS | 3 BATHROOMS | ESTABLISHED AIRBNB OPERATION 118 N Allen Ave #4, Pasadena, CA 91106 An exceptional opportunity to own a modern condominium in desirable central Pasadena! Built in 2020 and operated as an Airbnb since 2021, this well-maintained property features 3 bedrooms and 3 bathrooms, with a private bathroom for each bedroom—ideal for families, business travelers, and larger groups. ESTABLISHED AIRBNB RENTAL HISTORY Unlike a newly launched rental, this property offers an established short-term rental operation with several years of hosting history. Its current Airbnb listing has earned an impressive 5.0-star rating from 18 guest reviews, reflecting excellent guest satisfaction. An attractive opportunity for investors seeking a property with an existing rental track record. Buyers are encouraged to contact the seller’s agent for historical rental income, occupancy rates, and operating performance. DESIRABLE PASADENA LOCATION Conveniently located near Caltech, restaurants, shopping, businesses, and public transportation, the property offers easy access to everyday amenities and attracts visiting families, students, business travelers, and tourists. BUILDER-OWNED PROPERTY – NOW FOR SALE Originally retained by the builder as a long-term investment, the property has been operated as an Airbnb since 2021. The builder is now selling to allocate capital toward other development projects, creating an opportunity to acquire a relatively new property with an established rental history. PROPERTY HIGHLIGHTS * Built in 2020 with modern construction. * 3 bedrooms and 3 bathrooms. * Private bathroom for each bedroom. * Established Airbnb operation since 2021. * Current Airbnb rating: 5.0 stars with 18 reviews. * Prime Pasadena location near Caltech and local amenities. * Previously operated as a builder-owned income-producing investment. A UNIQUE OPPORTUNITY IN PASADENA! Whether you are looking for a modern residence or an investment property with an established Airbnb operating history, this property is worth exploring. Contact the seller’s agent for additional rental performance information and schedule your private showing today!
Listed by
Listing Agent - SHUO YAN
Listing Agent Contact: 626-533-9080
Listing Office - Pinnacle Real Estate Group
Source: CRMLS mls logo
MLS#WS26236558 • last updated 11 hours ago
Movoto checked CRMLS for data 1 minute ago
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Overview
Levels/Style Two, House
Type Residential
SubType Condominium
Status Active
Living Area 1401
Lot Size (Acres) 0.1809
Lot Size (SqFt) 7882
Year Built 2020
HOA Name North Allen Villas Homeowners Association, North Allen Villas HOA
HOA Fee Monthly, 430
Interior
Total # of Bathrooms 3
# Full Baths 3
Total # of Bedrooms 3
Appliances Gas Range, Gas Oven
Exterior
Parking Garage
# Parking Spaces 2
# Garage Spaces 2
Lot Description Landscaped
Amenities / Utilities
Fireplaces None
Sewer/ Septic Public Sewer
Water Source Public
HOA Amenities Maintenance Grounds
Pool None
Location
View Neighborhood
County Los Angeles
Community Features Sidewalks
High School District Pasadena Unified
Directions Allen Ave & E Walnut St
APN 5746017172
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Source: GreatSchools.org © 2026. All rights reserved.

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  • Real Estate
  • CA
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  • 118 N Allen #4

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CRMLS Multiple Listing Service™ system
The real estate listing data marked with this icon comes from the IDX program of the CRMLS Multiple Listing Service™ system.
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