Property Detail

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 bedroomideal 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 sellers 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 20