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Shawn Bengtson

Office Broker - DRE 01236964

  • Office 760-805-7199
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755 E Pine Street, Altadena – $5,195,000

  • 3 Beds
  • 3 Baths
  • 13,682 Sqft
  • .51 Acres
  • 3 Beds
  • 3 Baths
  • 13,682 Sqft
  • .51 Acres

755 E Pine Street

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), per seller/owner information. Four (4) renovated units are currently available, allowing an incoming owner to lease finished product immediately rather than fund and execute a turn program from day one. Originally constructed in 1958, the subject property benefits from classic Southern California garden-style fundamentals and on-site amenities that support durable tenant demand. Public marketing sources for this address indicate features such as a pool, on-site laundry, and gated/on-site parking. Altadena's profile is further supported by high-income demographics, with U.S. Census QuickFacts showing median household income of $128,720 (20202024, in 2024 dollars). Altadena is located in unincorporated Los Angeles County and is not subject to the City of Los Angeles RSO. The property falls under the County of Los Angeles Rent Stabilization and Tenant Protections Ordinance, which limits annual rent increases to 60% of CPI and includes just cause eviction protections. Altadena sits immediately north of Pasadena with convenient access to the Pasadena employment base, including major institutions such as Caltech and the Jet Propulsion Laboratory (JPL), as well as a broad concentration of professional services and innovation-oriented employers throughout the Pasadena corridor. The neighborhood setting also benefits from proximity to everyday retail and transit stops, and walkability indicators for the immediate area have been described as "Very Walkable" in third-party neighborhood scoring.

Essential Information

  • MLS® #26666319
  • Price$5,195,000
  • Bedrooms3
  • Bathrooms3.00
  • Square Footage13,682
  • Acres0.51
  • Year Built1958
  • TypeResidential Income
  • StatusActive

Community Information

  • Address755 E Pine Street
  • Area604 - Altadena
  • CityAltadena
  • CountyLos Angeles
  • Zip Code91001

Amenities

  • Parking Spaces19
  • ParkingDetached Carport
  • GaragesDetached Carport

Interior

  • AppliancesRefrigerator
  • HeatingWall Furnace
  • # of Stories2
  • StoriesTwo

Additional Information

  • Date ListedMarch 11th, 2026
  • Days on Market177
  • ZoningLCR3YY

Listing Details

  • AgentFilip Niculete
  • OfficeMarcus & Millichap
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Price Change History for 755 E Pine Street, Altadena, (MLS® #26666319)

Date Details Change
Price Reduced from $5,395,000 to $5,195,000 $200,000 (3.71%)
Price Reduced from $5,595,000 to $5,395,000 $200,000 (3.57%)

Filip Niculete, Marcus & Millichap.

Based on information from California Regional Multiple Listing Service, Inc. as of September 4th, 2026 at 6:20am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.