
Altadena, California 91001
This Versatile Multi-Unit Property represents a Strong Value Opportunity, listed at $1,395,000—positioned well below the $1,533,436 Fair Market Value by 9%. This valuation gap offers $138,436 in Instant Equity. Featuring a Mint Condition Rating with a remodeled main residence and a permitted 840 sqft detached ADU, the property provides immediate rental income or multi-generational flexibility. With Picturesque Mountain Views and modern upgrades, this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a turnkey, income-generating asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2482 New York Drive Subject | $1,395,000* List Price | 0 | 0 | 1,953 | $785 | - |
A 1696 N Altadena Drive Sold | $1,440,000 | 4 | 3 | 2,250 | $640 | 0.2 mi |
B 1833 Morada Pl Place Sold | $1,385,000 | 3 | 2 | 1,831 | $756 | 0.8 mi |
C 1644 Morada Place Sold | $1,717,000 | 3 | 3 | 1,930 | $890 | 1.0 mi |
D 1716 N Roosevelt Avenue Sold | $1,130,000 | 2 | 1 | 1,257 | $899 | 0.1 mi |
E 2061 N Roosevelt Avenue Sold | $1,350,000 | 3 | 2 | 1,621 | $833 | 0.5 mi |
F 2043 Pepper Drive Sold | $1,490,000 | 3 | 2 | 1,606 | $928 | 0.6 mi |
G 1956 N Roosevelt Pending | $1,395,000 List Price | 3 | 2 | 1,997 | $699 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1954, the property has undergone extensive recent renovations including a remodeled kitchen, updated bathrooms with modern subway tile and double vanities, and new flooring throughout. Both the main residence and the permitted ADU feature updated central HVAC systems and recessed lighting, presenting in mint, move-in ready condition.
The property features a permitted 840 sqft detached ADU with 2 bedrooms and 1.5 bathrooms, offering significant rental income potential or a private space for multi-generational living.
Both the main residence and ADU have been updated with new flooring, a remodeled kitchen, and central air and heat, ensuring a move-in-ready experience with contemporary comforts.
Situated in the sought-after Presidential Streets neighborhood, the home offers picturesque mountain and foothill views with a northern exposure that maximizes natural light.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1953, other record living area = 1092.
With the main 3-bedroom home measuring approximately 1,113 square feet, the individual room sizes and living areas may feel constrained for larger families.
Accommodating two separate dwellings on a 7,025 square foot lot reduces the amount of private outdoor space available for each unit, potentially impacting privacy and yard utility.
Single-Family Home with Detached ADU! Welcome to a unique opportunity to own a versatile and charming property, ideal for owner-occupancy, rental income, or multi-generational living. Located on a single lot in Altadena’s desirable Presidential Streets neighborhood, with beautiful views of the foothills, this property offers an inviting blend of traditional character and modern upgrades. The thoughtfully designed main residence and permitted detached ADU provide approximately 1,953 square feet of combined living space, with a total of five bedrooms and three and a half bathroom. The main residence encompasses approximately 1,113 square feet and features three bedrooms and two bathrooms. An open floor plan connects the remodeled kitchen, dining area, and living room, creating a comfortable and functional space for everyday living. New flooring and a decorative fireplace add warmth and character, while the primary bedroom features an ensuite full bathroom. The detached ADU offers approximately 840 square feet of living space with two bedrooms and one and a half bathrooms. Its open-concept layout features new flooring and a dedicated laundry room, making it well suited for extended family, guests, or potential rental income. The generous backyard provides additional space, complete with planter boxes for seasonal gardening and a retractable awning for adjustable shade perfect for outdoor or quiet relaxation. Both residences are equipped with central air and heat. The property’s northern exposure welcomes natural light and picturesque mountain and foothill views. Two residences, One lot! Whether you’re looking for a home with flexibility, additional income potential or space for multi-generational living this property offers a variety of possibilities.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 3.2 |
| Baths | 0.0 | 2.2 |
| Square foot | 1,953 | 2,151.356 |
| Lot Size | 7,025 | 10,984.254 |
| Price | $1.40M | $1.59M |
| Price per sq ft | $714 | $791 |
| Built year | 1954 | 1947 |
| HOA | $0 | $473 |
| Days on market | 30 | 53 |
Aug 10, 2026
$1,395,000
Initial Listing
Jan 14, 2004
$450,000
Public Record