
Altadena, California 91001
This Single Family Residence represents a High-Potential Investment Opportunity, listed at $1,349,000—positioned above the $1,289,692 Fair Market Value. While the property carries a Fair Condition Rating, it offers significant value-add potential through the permitted 392-square-foot detached guest house and a generous 8,018-square-foot lot. The home features newly refinished hardwood floors and scenic mountain views, providing a solid foundation for modernization. This asset is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants looking to leverage multi-generational living or rental income in a prime Altadena neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2139 N Grand Oaks Avenue Subject | $1,349,000* List Price | 4 | 3 | 1,538 | $839 | - |
A 2061 N Roosevelt Avenue Sold | $1,350,000 | 3 | 2 | 1,621 | $833 | 0.1 mi |
B 1833 Morada Pl Place Sold | $1,385,000 | 3 | 2 | 1,831 | $756 | 0.6 mi |
C 1873 N Harding Avenue Sold | $1,570,000 | 2 | 2 | 1,674 | $938 | 0.3 mi |
D 1644 Morada Place Sold | $1,717,000 | 3 | 3 | 1,930 | $890 | 0.8 mi |
E 1730 Veranada Avenue Sold | $1,200,000 | 2 | 1 | 1,143 | $1,050 | 0.5 mi |
F 2569 Allen Avenue Sold | $1,375,000 | 3 | 2 | 1,547 | $889 | 0.7 mi |
G 1685 Roosevelt Sold | $1,360,000 | 3 | 2 | 2,000 | $680 | 0.5 mi |
H 2043 Pepper Drive Active Under Contract | $1,499,000 List Price | 3 | 2 | 1,606 | $933 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1954, the property is well-maintained but dated. While it features newly refinished hardwood floors, the kitchen and bathrooms show older cabinetry and fixtures (likely >20 years old) that have merely been painted. The reliance on window AC units suggests a lack of modern central HVAC systems, placing it firmly in the 'Fair' category needing functional and aesthetic updates.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8018, living area = 1538.
The property features a rare, permitted 392-square-foot detached guest house, providing exceptional versatility for multi-generational living, a professional home office, or potential rental income.
Situated in Altadena's highly sought-after President Streets neighborhood, the home benefits from a picturesque tree-lined setting with immediate access to Eaton Canyon hiking trails and Pasadena's dining district.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
Built in 1954, the home may require significant capital investment to modernize original systems or floor plan configurations to meet contemporary luxury standards.
At 1,538 square feet for the primary residence, the interior living space may feel constrained for larger families or buyers seeking more expansive common areas at this price point.
Located on a beautiful tree-lined street in Altadena's sought-after President Streets neighborhood, 2139 Grand Oaks Avenue offers a rare combination of charm, flexibility, and location. Built in 1954, the property features a 1,538-square-foot, single-story home with three bedrooms, two bathrooms, newly refinished hardwood floors, and abundant natural light. A permitted 392-square-foot detached guest house provides additional living space ideal for extended family, guests, a home office, or a creative studio. Situated on an 8,018-square-foot lot, the backyard offers ample space for entertaining, gardening or simply enjoying the outdoors. Mature trees and the stunning backdrop of the San Gabriel Mountains enhance the property's setting while maintaining the character that makes Altadena so desirable. Located near Eaton Canyon, hiking trails, and the shopping and dining of Pasadena, this home offers easy access to both outdoor recreation and everyday amenities. Whether you're looking for a home with room to grow, space for multi-generational living, or the added value of a permitted guest house, 2139 Grand Oaks Avenue is an exceptional opportunity in one of Altadena's most sought-after neighborhoods. Welcome home!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,538 | 2,007 |
| Lot Size | 8,018 | 9,310 |
| Price | $1.35M | $1.36M |
| Price per sq ft | $877 | $755 |
| Built year | 1954 | 1951 |
| HOA | $0 | $0 |
| Days on market | 7 | 54 |
Jul 15, 2026
$1,349,000
Initial Listing