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327 W Loma Alta Drive, Altadena, California 91001, Altadena, 91001 - 3 bed, 2 bath

327 W Loma Alta Drive, Altadena, California 91001 home-pic-0
ACTIVE UNDER CONTRACT$899,000
327 W Loma Alta Drive, Altadena, California 91001
3Beds
2Baths
2,045Sqft
11,026Lot
Year Built
1931
Close
-
List price
$899K
Original List price
$899K
Price/Sqft
$440
HOA
-
Days on market
-
Sold On
-
MLS number
P1-24405
Home ConditionPoor
Features
Good View: Mountain(s)
ViewMountain(s)

About this home

We found 3 Cons,6 Pros. Rank: price - $899.0K(27th), sqft - 2045(66th), beds - 3(50th), baths - 2(50th).

Unlock the potential of this classic Altadena home. Built in 1931, this single-family residence offers 3 bedrooms and 2 full baths across 2,045 square feet of living space on an expansive 11,026 square foot lot. With strong bones and historic charm, the property presents a rare opportunity for restoration or a complete reimagination. Whether you're considering a full renovation, an addition, or adding an ADU, the large lot provides excellent flexibility for future development.The home is being sold strictly as-is, with no repairs or warranties provided by the seller. Systems such as foundation, roof, plumbing, and electrical will require buyer investigation and modernization. Given the scope of work, this property is ideal for cash buyers, contractors, or investors ready to take on a fixer project.The home sits on a quiet residential street beneath the Altadena foothills, offering proximity to local schools, parks, hiking trails, and Pasadena amenities. With significant upside potential in one of Altadena's most sought-after neighborhoods, this property is a standout opportunity for those ready to bring their vision to life.

Price History

Date
Event
Price
10/03/25
Listing
$899,000
Condition Rating
Poor
This property, built in 1931, is explicitly marketed as a 'fixer project' for 'cash buyers, contractors, or investors.' The listing states that 'Systems such as foundation, roof, plumbing, and electrical will require buyer investigation and modernization,' indicating significant defects and a need for substantial repairs to major components. It is being sold 'strictly as-is, with no repairs or warranties.' While the description mentions 'strong bones,' the extensive and critical system overhauls required, combined with the property's age and the lack of any recent renovation history, place it firmly in the 'poor' condition category. The exterior image, showing a cluttered and unkempt front yard, further supports the impression of a property requiring extensive work, though no interior images are available to assess kitchen and bathroom specifics.
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 = 11026, living area = 2045.
Expansive Lot & Development Potential: The 11,026 square foot lot offers significant space for expansion, additions, or an Accessory Dwelling Unit (ADU), providing excellent flexibility for future development and value creation.
Desirable Altadena Location: Situated on a quiet residential street beneath the Altadena foothills, the property boasts proximity to local schools, parks, hiking trails, and Pasadena amenities in a sought-after neighborhood.
Historic Charm & Solid Foundation: Built in 1931, the home possesses 'strong bones' and historic charm, offering a classic architectural foundation for restoration and reimagination.
Mountain Views: The property enjoys desirable mountain views, enhancing its aesthetic appeal and contributing to a serene living environment.
Significant Upside Potential: Presents a prime opportunity for investors, contractors, or cash buyers to add substantial value through comprehensive renovation and modernization in a high-demand area.

Cons

Extensive Renovation & Modernization Needed: Critical systems such as the foundation, roof, plumbing, and electrical will require significant buyer investigation and modernization, indicating a substantial capital expenditure.
Sold Strictly 'As-Is': The property is offered without any seller repairs or warranties, placing all responsibility and financial burden for necessary improvements and potential issues squarely on the buyer.
Limited Buyer Suitability: Due to the extensive scope of work required, this property is primarily suited for cash buyers, contractors, or experienced investors, potentially narrowing the pool of interested purchasers.

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