
Altadena, California 91001
This High-Potential Investment Opportunity is a rare entry-level acquisition in the Altadena foothills. Listed at $575,000, the property sits at its $575,000 Fair Market Value, offering a stable entry point in a low-inventory neighborhood. Currently holding a Poor Condition Rating, this 1926-built asset requires a full-scale rehabilitation to unlock its value. With Mountain Views and a usable lot for a potential ADU, this project is ideal for Fix-and-Flip Investors or Contractors ready to execute a value-add strategy near the Pasadena Unified district.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4 La Venezia Court Subject | $575,000* List Price | 2 | 1 | 998 | $576 | - |
A 2211 1/8 Casitas Avenue Active | $699,000 List Price | 3 | 1 | 1,036 | $675 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1926, this property is explicitly marketed as a 'high-potential project' for investors and builders, indicating significant deferred maintenance. The listing description suggests the home requires substantial rehabilitation and 'reimagining,' which typically involves replacing outdated electrical, plumbing, and HVAC systems, along with a complete gut renovation of the kitchen and bathroom to meet modern standards.
Priced at the lower end of the Altadena market, this property is a rare foothill opportunity with real upside. Located in a quiet cul-de-sac surrounded by mountain views and minutes from Pasadena, the Rose Bowl, and top local trails, this home sits in one of Altadena’s most sought-after pockets. The lot offers strong usability for reimagined outdoor living, expansion, or future ADU possibilities. For investors, builders, or buyers looking for a high-potential project in a low-inventory neighborhood, this is one of the few chances to secure value in a location that consistently outperforms the broader market. Act fast, opportunities at this price point do not last here. _____________________ Con un precio en el rango más bajo del mercado de Altadena, esta propiedad ofrece una oportunidad única en las estribaciones con verdadero potencial de valorización. Ubicada en un tranquilo cul-de-sac rodeado de vistas a las montañas y a minutos de Pasadena, el Rose Bowl y los mejores senderos locales, esta casa se encuentra en uno de los vecindarios más deseados de Altadena. El lote ofrece gran usabilidad para rediseñar las áreas exteriores, ampliar la propiedad o considerar una futura ADU. Para inversionistas, constructores o compradores que buscan un proyecto de alto potencial en una zona con inventario limitado, esta es una de las pocas oportunidades de asegurar valor en una ubicación que supera constantemente al mercado general. Oportunidades a este precio no duran mucho aquí.a
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 20% |
| Baths | 1.0 | 2.0 | 20% |
| Square foot | 998 | 1,820 | 8% |
| Lot Size | 3,716 | 8,933 | 1% |
| Price | $575.0K | $1.24M | 4% |
| Price per sq ft | $576 | $721 | 25% |
| Built year | 1926 | 1947 | 21% |
| HOA | $0 | $0 | 50% |
| Days on market | 111 | 176 | 35% |
Jan 1, 2026
$575,000
Initial Listing
Aug 24, 2015
$425,000
Public Record
Jan 15, 2015
$290,000
Public Record
Mar 13, 2001
$119,000
Public Record