2669 Glen Ave, Altadena, California 91001, Altadena, 91001 - bed, bath
ACTIVE$600,000
2669 Glen Ave, Altadena, California 91001
0Bed
0Bath
Sqft
7,035Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Desirable Altadena Location: The property is situated in a highly sought-after Altadena neighborhood, offering quiet streets, beloved hiking paths, and convenient access to local favorites along the Lincoln Avenue Corridor and Mariposa Village, including Good Neighbor Bar.
Top Cons:
Extensive Rebuilding Required: The previous home was destroyed by fire, meaning the property is sold as land only and necessitates a complete new construction, involving significant time, financial investment, and project management.
Compared to the nearby listings
Price:$600.0K vs avg $1.10M ($-500,000)8%
Size: sqft vs avg 1,581 sqft7%
Price/sqft:$0 vs avg $7137%
More Insights
Built in 1928 (97 years old).
Condition: The MLS listing explicitly states that the home was destroyed in the Eaton Fire and the property is being sold as land only. The provided images confirm that there is no habitable structure on the lot; it is an empty parcel of land. Therefore, the property is unlivable in its current condition and requires complete new construction, aligning with the 'tear-down' criteria where value is based solely on the land.
Year Built
1928
Close
-
List price
$600K
Original List price
$509K
Price/Sqft
$0
HOA
-
Days on market
-
Sold On
-
MLS number
P1-21638
Home ConditionTear down
Features
Good View: Mountain(s), Neighborhood
ViewMountain(s), Neighborhood
About this home
Under a mile to Good Neighbor Bar, enjoy the evening air coming and going to see friends. This Altadena lot places you close to everything that makes the neighborhood special, with quiet streets, beloved hiking paths, and local favorites along the Lincoln Avenue Corridor and in Mariposa Village. Currently, Altadena Community Standards allow for a gross structural area of up to 2,758 square feet. This limit does not include an additional allocation for a garage or ADU. Public records indicate the lost home was 1,371 square feet with 3 beds, 1 bath plus a detached 2 car garage. There is a standing unpermitted creative space in the west corner of the lot. This home was destroyed in the Eaton Fire, and the property is being sold as land only.
Condition Rating
Tear down
The MLS listing explicitly states that the home was destroyed in the Eaton Fire and the property is being sold as land only. The provided images confirm that there is no habitable structure on the lot; it is an empty parcel of land. Therefore, the property is unlivable in its current condition and requires complete new construction, aligning with the 'tear-down' criteria where value is based solely on the land.
Pros & Cons
Pros
Desirable Altadena Location: The property is situated in a highly sought-after Altadena neighborhood, offering quiet streets, beloved hiking paths, and convenient access to local favorites along the Lincoln Avenue Corridor and Mariposa Village, including Good Neighbor Bar.
Significant Development Potential: Altadena Community Standards permit a gross structural area of up to 2,758 square feet for a new residence, providing ample space for a substantial custom home.
ADU/Garage Expansion Opportunity: The allowed structural area does not include additional allocation for a garage or Accessory Dwelling Unit (ADU), offering flexibility to maximize property utility and potential rental income.
Scenic Views: The property boasts desirable mountain and neighborhood views, enhancing its aesthetic appeal and potential future value.
Custom Build Opportunity: Being sold as land only, the property presents a unique blank canvas for a buyer to design and construct a completely custom home tailored to their specific preferences and modern standards.
Cons
Extensive Rebuilding Required: The previous home was destroyed by fire, meaning the property is sold as land only and necessitates a complete new construction, involving significant time, financial investment, and project management.
Unpermitted Structure: There is a standing unpermitted creative space on the lot, which will require the buyer to address its legality, potentially incurring costs for demolition or obtaining proper permits.
High Upfront Investment: As a land-only sale requiring a full new build, the property demands a substantial upfront investment beyond the purchase price for architectural plans, permits, and construction costs.