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Browse Free for Altadena Multi-family Properties and Houses
Altadena is an unincorporated area located in the San Gabriel Valley region of Los Angeles County and is a great place to buy or sell multifamily, duplex, triplex, fourplex and larger commercial apartment properties. Its job industry, conveniences, and attractions make this a great place to live and there is a good market available to buy multifamily rental properties such as duplexes, triplexes, and fourplexes. Altadena’s tree-lined neighborhoods and commercial zones comprise one of the oldest and most beautiful communities in the San Gabriel Valley. These properties can bring in great income and can be sold quickly if you need to move your investments around. There is also no rent control in Altadena.
Altadena’s population was 42,777 as of 2010. The estimated median household income in 2011 was $78,433 (it was $60,549 in 2000). This is larger than the California median which was $57,287 in 2011.
Altadena’s economy is driven by its technology sector - the Business Technology Center - and Global Aerospace Corporation. Other big businesses include Altadena’s Webster Village, Altadena Town & Country Club, Concierge Club Travel, Bank of America, and Pasadena Unified School District. The majority of its residents are in either management or education.
The city also enjoys being close to a variety of conveniences. The nearest major airport is Bob Hope Airport (BUR). This airport has domestic flights from Burbank and is 19 miles from the center of Altadena. There are several hospitals near Altadena, including Glendale Adventist Medical Center (6 miles), Alhambra Hospital Medical Center (7 miles), and Garfield Medical Center (10 miles away). There are also colleges and universities around Altadena, the biggest being the University of Southern California with 30,578 full time enrolled students 9 miles away.
Altadena has many attractions, the most famous of which is its Christmas Tree Lane, a on Santa Rosa Avenue from Woodbury Road to Altadena Drive. It has been a holiday attraction since 1920, and it is the oldest large-scale outdoor Christmas lighting venue in the world. Among Altadena's Christmas lighting attractions is the Balian Mansion, which draws people worldwide for tours of its Christmas lighting display. Other attractions include the historic Mount Lowe Railway, the Sam Merrill Trail, Lake Avenue, Mount Echo, Chaney Trail, the Cobb Estate, and Farnsworth Park.
All of these features make Altadena a great place to buy or sell multifamily investment rental properties such as duplexes, triplexes, fourplexes and larger commercial apartment buildings. This vibrant, diverse community has great attractions, a healthy work industry, and great rentals. The density of the city and the desire for people to live here, make it an ideal location for multifamily living and the city does have great duplex, triplex, and fourplex properties.
Also serving other Los Angeles County Cities.
This information was gathered from www.cityofaltadena.us, city-data.com and wikipedia
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