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!
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!
Property Details
Price:
$1,059,000
MLS #:
WS26236558
Status:
Active
Beds:
3
Baths:
3
Type:
Condo
Subtype:
Condominium
Neighborhood:
645pasadenanw
Listed Date:
Nov 5, 2026
Finished Sq Ft:
1,401
Lot Size:
7,882 sqft / 0.18 acres (approx)
Year Built:
2020
See this Listing
Schools
School District:
Pasadena Unified
Interior
Appliances
Gas Range, Gas Oven
Bathrooms
3 Full Bathrooms
Cooling
Central Air
Heating
Central
Laundry Features
Laundry Closet, Upper Level
Levels
Two
Main Level Bathrooms
1
Main Level Bedrooms
1
Exterior
Association Amenities
Maintenance Grounds
Attached Garage YN
1
Common Walls
2+ Common Walls
Community Features
Sidewalks
Covered Spaces
2
Garage Spaces
2
Lot Features
Landscaped
Parking Features
Garage
Parking Spots
2
Parking Total
2
Stories
2
View
Neighborhood
Financial
HOA Fee
$430
HOA Fee Frequency
Monthly
HOA Name
North Allen Villas homeowners Association
HOA Phone
(626) 379-4077
Map
Community
- Address118 N Allen #4 Pasadena CA
- CityPasadena
- CountyLos Angeles
- Zip Code91106
Subdivisions in Pasadena
Market Summary
Property Summary
- 118 N Allen #4 Pasadena CA is a Condo for sale in Pasadena, CA, 91106. It is listed for $1,059,000 and features 3 beds, 3 baths, and has approximately 1,401 square feet of living space, and was originally constructed in 2020. The current price per square foot is $756. The average price per square foot for Condo listings in Pasadena is $698. The average listing price for Condo in Pasadena is $926,291.
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Courtesy of Pinnacle Real Estate Group. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved.118 N Allen #4
Pasadena, CA