2208 New York Drive, Altadena, California 91001, Altadena, 91001 - 3 bed, 2 bath
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Altadena, California 91001
This property presents a High-Potential Investment Opportunity with a List Price of $949,000—positioned well below the $959,842 Fair Market Value by 1%. This valuation gap offers $10,842 in Instant Equity for buyers. With a Condition Rating of 4, the home requires modernization, yet its 6,768 sqft corner lot and functional layout provide a solid foundation for value-add renovations. This is an ideal acquisition for Fix-and-Flip Investors or Owner-Occupants seeking to build equity through strategic updates in a prime Altadena location.
Property is moderate renovation needed.
Built in 1948, this home is significantly dated with bathrooms featuring vintage pink tile and older vanities that appear to be over 20 years old. The hardwood floors show visible wear, and the listing description explicitly identifies the property as an 'opportunity to update,' suggesting that major systems and interior finishes are past their prime and require modernization.
Ideally situated near Eaton Canyon, hiking trails, and the Altadena Town & Country Club, this property offers exceptional access to outdoor recreation and the vibrant dining scenes of Altadena and Pasadena.
The 1,688-square-foot floor plan features a functional layout including a spacious living room with a fireplace and a bonus room, providing flexible options for a home office or additional living area.
Occupying a 6,720-square-foot corner lot, the property provides generous front and backyard spaces, offering significant privacy and room for gardening, entertaining, or future outdoor improvements.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1688, other record living area = 1450. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
The property is marketed as an opportunity to update and make it your own, suggesting that the interior finishes and fixtures are likely dated and require a capital investment for renovation.
Built in 1948, the home may require upgrades to major systems such as plumbing, electrical, or HVAC to meet modern efficiency standards and building codes.
Situated on a corner lot in Altadena, this home offers approximately 1,688 square feet of living space on a 6,720 square foot lot. Built in 1948, the home currently shows as 3 bedrooms and 2 bathrooms and features a spacious living room with a fireplace, a functional layout, and abundant natural light throughout. A bonus room provides convenient access to the attached 2 car garage and backyard. Laundry hookups are located in the garage. The property offers generous front and backyard areas with space for outdoor entertaining, gardening, or relaxing outdoors. This property presents an excellent opportunity to update and make the home your own while enjoying the charm and character of the surrounding neighborhood. Conveniently located near Eaton Canyon, hiking trails, parks, the Altadena Town & Country Club, and local coffee shops, restaurants, and shopping. Enjoy close proximity to Lake Avenue, Old Town Pasadena, the Rose Bowl, and many of the popular dining and lifestyle destinations throughout Altadena and Pasadena.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,688 | 1,805 | 44% |
| Lot Size | 6,768 | 8,425 | 25% |
| Price | $949.0K | $1.25M | 22% |
| Price per sq ft | $562 | $760 | 24% |
| Built year | 1948 | 1947 | 53% |
| HOA | $0 | $0 | 50% |
| Days on market | 15 | 136 | 6% |
May 22, 2026
$949,000
Initial Listing
Oct 30, 2006
$660,000
Public Record
Apr 8, 1999
$226,500
Public Record