
Altadena, California 91001
Analysis of 1788 Pepper Drive, Altadena, California 91001 is currently available with a list price of $3,200,000. 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.
Built in 1927 with a kitchen and interior finishes that appear to be over 30 years old. The listing description explicitly calls for restoration and revitalization, suggesting the property requires a full rehab of its dated systems and interiors to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 27116, living area = 4064.
Designed by the legendary Wallace Neff, this 1927 Spanish Colonial estate offers immense historical value and prestige for collectors of significant Southern California architecture.
The property spans over two-thirds of an acre across two separate APNs, providing rare flexibility for future expansion, landscaping, or potential subdivision.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =27116, other record lot size in square feet = 13416. Living area discrepancy between mls listing and other public or private record. mls listing living area = 4064, other record living area = 936. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 1.
The main residence requires thoughtful restoration and enhancement, implying a need for significant additional capital investment to modernize the nearly century-old structure.
Given the 1927 construction date, the property likely faces challenges common to historic homes, such as the need for specialized maintenance of original materials and aging systems.
Designed in 1927 by renowned architect Wallace Neff, this distinguished Spanish Colonial residence presents a rare opportunity to steward an important piece of Southern California architectural history. Set on more than two-thirds of an acre, across two separate APN's, amid mature landscaping, the property captures the romance and craftsmanship that defined Neff's early work while offering the next owner the chance to thoughtfully restore and enhance a truly special estate. The main residence is comprised of four bedrooms and five bathrooms. Character-rich living and dining spaces open to a gracious patio, creating a seamless connection between indoor and outdoor living. Three spacious upstairs bedroom suites each feature private baths, while a fourth bedroom and bath on the main level offer flexibility for guests, a home office, or creative space. The expansive grounds unfold into a private retreat with established gardens, mature trees, and a swimming pool, providing an exceptional setting for entertaining or quiet enjoyment. Complementing the main residence is an award-winning 1959 mid-century modern guest house, designed by Frank Harold Nick, a remarkable architectural counterpoint to the Spanish Colonial home. Complete with one bedroom, two bathrooms, a kitchen, a fireplace, and its own private yard, the guest house offers endless possibilities for extended stays, work-from-home use, or hosting family and friends. Adding to the property's rarity, the estate is situated on two separate parcels, creating unique flexibility and future potential. Rich with architectural significance and original character, this is a rare opportunity to reimagine and revitalize a legacy property in one of Altadena's most treasured settings.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.2 |
| Baths | 7.0 | 2.2 |
| Square foot | 4,064 | 2,151.356 |
| Lot Size | 27,116 | 10,984.254 |
| Price | $3.20M | $1.59M |
| Price per sq ft | $787 | $791 |
| Built year | 1927 | 1947 |
| HOA | $0 | $473 |
| Days on market | 34 | 53 |
Aug 6, 2026
$3,200,000
Initial Listing
Feb 21, 2020
$2,500,000
Public Record