
Altadena, California 91001
Analysis of 1045 New York Drive, Altadena, California 91001 is currently available with a list price of $1,595,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Altadena Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is extensive renovation needed.
While the 1921 structure is well-preserved, the kitchen and bathrooms are significantly dated, appearing to be 40-50 years old with original tile and cabinetry. Based on the criteria of age (>30 years since last major renovation) and the need for a full interior rehab to update systems and finishes, it is rated as poor.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 13500, living area = 3167.
This 1921 Spanish Colonial Revival boasts exceptional preserved details, including a Batchelder tile fireplace, mahogany moldings, and stained glass, offering rare historical character.
The 13,500 SF lot provides significant outdoor space and includes a 450 SF garage with potential for conversion into an ADU or workshop, adding versatile value.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =13500, other record lot size in square feet = 13347.
Held by the same family for generations and described as 'primed for its next chapter,' the home likely requires substantial updates to its systems and finishes to meet contemporary standards.
The preservation of century-old materials such as hand-troweled stucco and plaster walls can lead to higher maintenance costs and the need for specialized restoration contractors.
At the southern edge of Altadena above Pasadena's Historic Highlands, this 1921 Spanish Colonial Revival property is primed for its next chapter. Epic Live Oak and Bunya Pine trees frame the grassy front yard, which slopes up from the sidewalk to this home beloved by the same family for generations. Classic character details have been well-preserved, including hand-troweled stucco arches, awnings over casement windows and a full-length entry porch with a stunning arched front door. Inside the home, hardwood floors and plaster walls are complemented by carved mahogany mouldings, interior doors and casements. In the living room, a generous decorative Batchelder tile fireplace is flanked by two unique stained glass windows and twin built-in bookcases. The adjoining music room offers a place to create, play and and reflect in natural light and garden views. A formal dining room with an elegant chandelier provides an ideal space to host holidays and gatherings, with an adjacent skylit den for connecting or relaxing. Dining and den flow into the kitchen with eat-in breakfast nook and gorgeous mountain views through north facing windows. A large primary and two additional bedrooms (one functioning as an office), plus two baths complete the downstairs living quarters. Upstairs, find two more large bedrooms with views, as well as a reading/study nook, a storage hall and another full bath. This property on 13,500 SF enjoys ample front and back yards, with patio space, lawn and mature trees including a beautiful Redwood. The 450 SF two car garage provides covered parking, or potential as a workshop or ADU. Located amongst treasured historic homes in a tree-lined neighborhood close to shopping, restaurants, and outdoor recreation, this property presents an opportunity to steward architectural character and usher in a fresh perspective.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 89% |
| Baths | 3.0 | 2.0 | 59% |
| Square foot | 3,167 | 1,820 | 85% |
| Lot Size | 13,500 | 8,522 | 81% |
| Price | $1.59M | $1.30M | 67% |
| Price per sq ft | $504 | $760 | 13% |
| Built year | 1921 | 1947 | 5% |
| HOA | $0 | $0 | 50% |
| Days on market | 15 | 136 | 6% |
May 22, 2026
$1,595,000
Initial Listing