
Altadena, California 91001
Analysis of 2391 El Molino Avenue, Altadena, California 91001 is currently available with a list price of $680,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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.
Property is move-in ready.
While the structure dates to 1956, the interior has undergone significant updates including the kitchen and both bathrooms. The presence of central HVAC, modern laminate flooring, and a well-maintained, move-in ready interior aligns with the 5-15 year renovation criteria.
Boasting 1,345 square feet, this ground-floor unit offers an exceptionally large and accessible floor plan for a two-bedroom condo, featuring a primary suite and generous secondary bedroom proportions.
The property is move-in ready with an updated kitchen featuring white cabinetry and a breakfast nook, renovated bathrooms, and the added comfort of central air conditioning and heating.
Situated in a highly desirable area west of Lake Avenue, the home is within walking distance to local landmarks like Bulgarini and Betsy's, offering a blend of suburban quiet and urban convenience.
The property is currently offered as a cash-only purchase, which significantly limits the buyer pool and excludes those relying on traditional mortgage financing.
With two units in the 7-unit community lost to fire and awaiting a rebuild, owners may face future construction disruptions and uncertainties regarding HOA management and insurance.
A rare find in Altadena, this single-level 2 bedroom, 2 bath ground-floor condo is located west of Lake Avenue and south of East Altadena Drive within an intimate 7-unit community. The well-maintained interior offers an open and airy layout with a spacious living room with fireplace, dining area, and abundant natural light throughout. The updated kitchen features white cabinetry, red countertops, a single-basin white sink, gas range with hood, refrigerator, and a charming breakfast nook. One bedroom is a primary suite. Both bedrooms include ceiling fans, dual mirrored sliding closets, and built-in overhead storage cabinets, while the rear bedroom offers especially generous proportions. Both bathrooms have been updated. Central air conditioning and heat included. Close to local favorites including Betsy's, Bulgarini, and Miya, as well as nearby shopping, dining, recreation, and the Altadena Fire Department. Note: Two of the seven units within the community (one of the four buildings) were lost in the Eaton Fire. The HOA intends to rebuild the affected 2-unit building and garage with laundry. At this time, the subject property is being offered as cash only.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 0% |
| Baths | - | - | 0% |
| Square foot | - | - | 0% |
| Lot Size | - | - | 0% |
| Price | - | - | 0% |
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| Built year | 1956 | - | 0% |
| HOA | $200.0 | $0 | 0% |
| Days on market | - | - | 0% |
Jun 3, 2026
$680,000
$700,000
-3% Price Drop
Initial Listing
May 13, 2026
$700,000
Initial Listing
Feb 16, 1989
$97,500
Public Record