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.
AGENT: John Boyett LISTING BROKERAGE: CBRE
Courtesy of CBRE. 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 The Agency RE include the name of the listing broker. Neither the listing company nor The Agency RE 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. 2191 El Sereno AV
Altadena, CA
Property Details
Price:
$4,795,000
MLS #:
25608779
Status:
Active
Beds:
16
Baths:
16
Type:
Single Family
Neighborhood:
604altadena
Listed Date:
Oct 20, 2025
Finished Sq Ft:
7,280
Total Sq Ft:
7,280
Lot Size:
15,914 sqft / 0.37 acres (approx)
Year Built:
1923
604 – Altadena604altadena
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Schools
Interior
Levels
U
Exterior
Parking Spots
16
Parking Total
16
Financial
Gross Operating Income
$340,470
Net Operating Income
$202,402
Map
Community
- Address2191 El Sereno AV Altadena CA
- CityAltadena
- CountyLos Angeles
- Zip Code91001
