Natalie Miranda
marketing@thewhipplegroup.com0.26 Acres Lot
0.26 Acres Lot
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
MLS Listing ID DW25191140
Construction Status Repairs Cosmetic
HOA Y/N No
Year Built 1924
Lot Size 0.263 Acres
Property Sub-Type Single Family Residence
Property Description
This prime 11,478 sq ft lot presents a rare opportunity to build in one of Altadena's most sought-after neighborhoods. Zoned R3, the property offers incredible development potential—including multi-units with additional ADUs—making it ideal for investors or builders looking to maximize long-term value.
Owned by the same seller for over 38 years, the property has appreciated significantly and previously generated a strong annual scheduled gross income of $144,000K.
Conveniently located just 7–10 minutes from iconic landmarks such as Hahamongna Watershed Park, the Rose Bowl Stadium, the Jet Propulsion Laboratory (JPL/NASA), and quick access to the 210 Freeway—this location is a true gem.
The rebuild timeline can be surprisingly efficient—as little as 12–18 months—for buyers with plans, insurance, and debris clearance ready. This makes it a prime candidate for a smart, strategic development project.
Sold As-Is — Buyer to conduct all due diligence.
Buyers are strongly encouraged to independently verify zoning, development prospects, and required remediation with Los Angeles County.
Drive-by Only — Please do not enter the property, 48 hours noticed in order to enter the property. Please do not disturbed tenants, monthly rent is $3K, tenant's are paying for gas and light bill.
Location
State CA
County Los Angeles
Area 604 - Altadena
Zoning LCR175
Interior
Interior Features Furnished
Heating See Remarks
Cooling Wall/Window Unit(s)
Flooring Tile
Fireplaces Type None
Fireplace No
Appliance Gas Range, Water Heater
Laundry Washer Hookup
Exterior
Fence None
Pool None
Community Features Street Lights
Utilities Available Electricity Available, Sewer Available, Water Available
Roof Type Shingle
Accessibility Parking
Total Parking Spaces 4
Private Pool No
Building
Story 1
Entry Level One
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public, Private
Level or Stories One
New Construction No
Construction Status Repairs Cosmetic
Others
Senior Community No
Tax ID 5835018016
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
Special Listing Condition Standard
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Marketing Director | License ID: 02122928