2469 Holliston Avenue, Altadena, California 91001, Altadena, 91001 - bed, bath

2469 Holliston Avenue, Altadena, California 91001 home-pic-0
ACTIVE$1,299,000
2469 Holliston Avenue, Altadena, California 91001
0Bed
0Bath
2,416Sqft
12,852Lot
Year Built
1925
Close
-
List price
$1.3M
Original List price
$1.3M
Price/Sqft
$538
HOA
-
Days on market
-
Sold On
-
MLS number
AR25118288
Home ConditionTear down
Features
Excellent View: Mountain(s)
ViewMountain(s)

About this home

Possibly Over-Priced:The estimated price is 30% below the list price. We found 3 Cons,6 Pros. Rank: price - $1.30M(62th), sqft - 2416(86th), beds - undefined(12th), baths - undefined(12th).

Perched in Altadena's Estates neighborhood, this property offers 12,848 sq. ft. of flat land with stunning views of the beautiful San Gabriel Mountains. Though the home was lost in the Eaton Fire, this incredible lot holds huge potential and offers the opportunity to be a part of the rebuilding of this beloved community. Just a block from the Altadena Country Club, this property, located on one of the most desirable streets north of Mendocino, formerly held a 2,416 square foot home and a 400 sq. ft. stand-alone 2 car Garage. Surrounded on all sides by standing homes and amidst untouched mature trees, the land offers a blank slate for your vision, whether your aesthetic is a timeless Spanish Revival, a stately Tudor or a classic Monterey Colonial. This is a chance to create something truly special on a one-of-a-kind, light-filled lot in an incredible neighborhood with historical homes and loads of charm. All utilities were once connected, and the buyer will need to verify the current status with local providers. We encourage interested parties to perform their due diligence and independently verify all aspects of the property with the County of Los Angeles and appropriate government agencies, including, but not limited to, lot remediation, future use of the property, rebuilding and permitting requirements, zoning and lot size. Property is being sold in as-is condition without warranties or guarantees of future use. Phase 1 and 2 complete.

Condition Rating
Tear down

The original home was lost in a fire, and the property is currently a vacant lot with debris removal completed. There is no existing structure, kitchen, or bathroom to assess. The value is solely based on the land and its potential for new construction, fitting the 'tear-down' criteria.
Pros & Cons

Pros

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 = 12852, living area = 2416.
Prime Location: Situated in Altadena's desirable Estates neighborhood, just a block from the Altadena Country Club, on one of the most sought-after streets north of Mendocino.
Stunning Mountain Views: Offers beautiful and unobstructed views of the San Gabriel Mountains, enhancing the property's aesthetic appeal.
Large, Flat Lot: Features a generous 12,848 sq. ft. of flat land, providing ample space and flexibility for a custom-built residence.
Blank Canvas for Custom Build: The vacant lot presents a unique opportunity for a buyer to design and construct a dream home tailored to their specific vision and architectural preferences.
Remediation Complete & Utilities Available: Phase 1 and 2 remediation are complete, and all utilities were once connected, streamlining the rebuilding process compared to raw land.

Cons

Vacant Lot Requiring New Construction: The previous home was lost in a fire, meaning the property is a vacant lot and requires a complete new construction project, which is a significant undertaking.
Extensive Buyer Due Diligence Required: The property is sold 'as-is' with explicit instructions for the buyer to independently verify all aspects, including utilities, remediation, permitting, zoning, and future use, indicating potential complexities.
Significant Rebuilding Investment: Beyond the purchase price, the buyer will incur substantial costs and time for architectural design, permitting, and the entire construction of a new home.

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