2312 Oliveras Avenue, Altadena, California 91001, Altadena, 91001 - 2 bed, 2 bath

2312 Oliveras Avenue, Altadena, California 91001 home-pic-0

2312 Oliveras Avenue

Altadena, California 91001

ACTIVE UNDER CONTRACT
CONDITION: EXCELLENT
2Beds
2Baths
1,225Sq Ft
7,334Lot Size

Property Price

LIST PRICE$1,095,000
EST. MARKET VALUE
$1,111,909

SUMMARY

Analysis of 2312 Oliveras Avenue, Altadena, California 91001 reveals a Fairly Priced Property with a current list price of $1,095,000  aligned with the estimated $1,111,909 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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 both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.

Estimated Market Value

$1,111,909
Based on Realkey algorithm analyzing recent comparable sales in Altadena.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
2312 Oliveras Avenue
Subject
$1,095,000*
List Price
221,225$908-
A
2379 Oliveras Avenue
Sold
$975,000211,090$8940.1 mi
B
2030 Lovila Lane
Sold
$1,100,000221,098$1,0020.4 mi
C
288 W Mariposa Street
Sold
$1,125,000321,350$8330.9 mi
D
2941 Glenrose Avenue
Active Under Contract
$958,000
List Price
311,176$8150.9 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

Property is new construction or fully renovated.

The property, though built in 1939, has undergone a complete and extensive renovation, explicitly stated as 'thoughtfully reconstructed with new landscaping, plumbing, electrical, systems, kitchen, baths, floors, and more,' completed in January 2026. The images confirm this, showcasing a modern kitchen with new white cabinetry, quartz countertops, stainless steel appliances, and contemporary fixtures. Bathrooms feature new vanities, stylish tiling, and modern hardware. All flooring is new wood-look laminate, and lighting fixtures are updated throughout. This meets the 'Excellent' criteria for a property extensively renovated within 5 years, with all components being new or virtually new.

PROSSTRENGTHS & OPPORTUNITIES

  • High Available Lot Utilization

    The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7334, living area = 1225.

  • Extensive Turnkey Renovation

    The property has been fully reimagined and reconstructed with new plumbing, electrical, systems, kitchen, baths, and floors, delivering true turnkey living completed in January 2026.

  • Highly Versatile Bonus Spaces

    Multiple bonus spaces, including a sunroom ideal for a home office or studio, and a sound-insulated converted garage suitable for a music studio, gym, or guest retreat, offer exceptional adaptability.

CONSRISKS & DEFICIENCIES

  • Official Square Footage Discrepancy

    The official listed square footage of 1225 sqft is modest, and the mention of 'approximately 1,600 square feet taped' could lead to confusion or concerns regarding permitted living space for the bonus areas.

  • Limited Bedroom Count

    With only 2 bedrooms, the property's appeal may be limited for larger families or those requiring more dedicated sleeping quarters, despite the presence of versatile bonus rooms.

  • Original Construction Age

    Despite extensive modern renovations, the home's original build year of 1939 means the core structure is older, which might raise concerns for some buyers regarding long-term maintenance or unforeseen issues.

About 2312 Oliveras Avenue

Tucked into one of Altadena's most beloved residential pockets, this fully reimagined California bungalow offers a rare blend of design, land, and opportunity. A true lifestyle property where indoor-outdoor living, creativity, and nature come together. As you arrive, the drive is framed by jaw-dropping mountain views and mature trees. Completed in January 2026, the home has been thoughtfully reconstructed with new landscaping, plumbing, electrical, systems, kitchen, baths, floors, and more, delivering true turnkey living with long-term peace of mind. The layout lives far larger than expected, with approximately 1,600 square feet taped, one-and-a-half baths, and multiple bonus spaces that allow the home to adapt effortlessly to your lifestyle. The main living spaces are filled with natural light and warmth. At the rear of the home, a gorgeous sunroom opens directly to the expansive backyard and offers an ideal setting for a home office, wellness/meditation room, or creative studio. The backyard unfolds as a private sanctuary, featuring an enclosed garden pavilion offering the opportunity to create a full greenhouse for growing your own fruits, vegetables, and herbs while embracing a true farm-to-table lifestyle at home. Fruit trees include avocado, lemon, and fig, with ample room to expand your garden and create your own modern homestead. A thoughtfully converted and sound-insulated garage adds another layer of versatility and can easily serve as a music studio, home gym, or guest retreat. With the amount of space and additional rooms, the possibilities here are truly endless. The oversized lot is a true standout. The new landscaping was intentionally designed with low-maintenance, drought-tolerant native plantings, slow-growing grasses, and a state-of-the-art smart irrigation system that monitors soil moisture, skips watering when it rains, and operates on all-new, code-compliant piping with a dedicated irrigation valve. This is a landscape designed to grow more beautiful with time. Additional highlights include a Tesla charger, rare monkey puzzle trees and maple trees anchoring the front landscape and outdoor lighting infrastructure for evening entertaining. The property also offers significant expansion potential, making it an exceptional long-term investment. Just moments from some of Altadena's favorite restaurants (Betsy), Descanso Gardens, Christmas Tree Lane, and miles of hiking trails, this home offers the best of both worlds: a peaceful retreat with effortless access to one of the most vibrant and connected communities in all of Los Angeles. More than just a home, this is a place to put down your roots and build a life with space, beauty, and room to expand. OFFER DEADLINE SET FOR MONDAY, JANUARY 26 @ 3pm

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1939
Lot Size
7,334 Sq. Ft.

Interior

Total Bedrooms
2
Total Bathrooms
2 (2 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds2.03.0
21%
Baths2.02.0
50%
Square foot1,2251,798
21%
Lot Size7,3349,096.5
29%
Price$1.09M$1.14M
45%
Price per sq ft$894$685
80%
Built year19391946
39%
HOA$0$0
50%
Days on market53170
6%

Pricing History

Listed for Sale

Jan 12, 2026

$1,095,000

Initial Listing

Sold

May 1, 2018

$735,000

Public Record

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