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490 Crosby Street, Altadena, California 91001, Altadena, 91001 - 4 bed, 2 bath

490 Crosby Street, Altadena, California 91001 home-pic-0
ACTIVE$865,000
490 Crosby Street, Altadena, California 91001
4Beds
2Baths
1,233Sqft
4,633Lot

Price Vs. Estimate

The estimated value ($604,833.14) is $260,166.86 (30%) lower than the list price ($865,000). This property may be overpriced.

Key pros and cons

Top Pros:
Flexible Living Spaces: The property offers adaptable floor plans, including a primary suite that can revert to two bedrooms and a converted garage space ideal for a home office or creative studio, catering to diverse buyer needs.
Top Cons:
Substantial Price Discrepancy: The listing price of $865,000 is significantly higher than the estimated property value of $604,833.14, potentially indicating overpricing or a need for a detailed comparative market analysis to justify the asking price.

Compared to the nearby listings

Price:$865.0K vs avg $1.10M ($-235,000)23%
Size:1,233 sqft vs avg 1,581 sqft30%
Price/sqft:$702 vs avg $71347%

More Insights

Built in 1946 (79 years old).
Condition: Despite being built in 1946, this property has undergone extensive and high-quality renovations, particularly in the kitchen and bathrooms. The kitchen features modern white shaker cabinets, stainless steel appliances, and light countertops, presenting a virtually new and contemporary aesthetic. Both bathrooms are updated with subway tile, modern vanities, and contemporary fixtures. Beautiful hardwood floors are present throughout most of the home, and recessed lighting adds to the modern feel. The overall condition, including a recently installed vinyl fence and well-maintained exterior, suggests minimal physical depreciation and a move-in ready state, aligning with the criteria for an excellent rating for a recently renovated property.
Year Built
1946
Close
-
List price
$865K
Original List price
$885K
Price/Sqft
$702
HOA
-
Days on market
-
Sold On
-
MLS number
PW25086902
Home ConditionExcellent
Features
Patio
View-

About this home

*** The property and this area were NOT affected by the fires*** Welcome to this inviting 4-bedroom, 2-bathroom home nestled in the heart of Altadena. Featuring beautiful hardwood floors and a spacious living room, this home blends comfort with flexibility. The open-concept kitchen flows seamlessly into the dining area, perfect for everyday living or entertaining guests. One of the bedrooms has been expanded with a converted garage space, currently serving as a cozy office and bonus room complete with a fireplace—ideal for work-from-home or creative studio needs. Additionally, a wall between two bedrooms has been removed to create a generously sized primary suite, but it can easily be reconfigured back into two separate bedrooms if desired. Step outside to a private, cozy yard filled with numerous fruit trees, offering a tranquil outdoor retreat. A recently installed vinyl fence adds both privacy and style. Located in a highly sought-after neighborhood, you're just minutes from popular restaurants, local markets, top-rated schools, parks, and scenic trails. This is a fantastic opportunity to own a flexible and well-located home in Altadena.

Condition Rating
Excellent
Despite being built in 1946, this property has undergone extensive and high-quality renovations, particularly in the kitchen and bathrooms. The kitchen features modern white shaker cabinets, stainless steel appliances, and light countertops, presenting a virtually new and contemporary aesthetic. Both bathrooms are updated with subway tile, modern vanities, and contemporary fixtures. Beautiful hardwood floors are present throughout most of the home, and recessed lighting adds to the modern feel. The overall condition, including a recently installed vinyl fence and well-maintained exterior, suggests minimal physical depreciation and a move-in ready state, aligning with the criteria for an excellent rating for a recently renovated property.
Pros & Cons

Pros

Flexible Living Spaces: The property offers adaptable floor plans, including a primary suite that can revert to two bedrooms and a converted garage space ideal for a home office or creative studio, catering to diverse buyer needs.
Prime Altadena Location: Situated in a highly sought-after neighborhood with convenient access to popular restaurants, local markets, top-rated schools, parks, and scenic trails, enhancing lifestyle and desirability.
Enhanced Outdoor Living: Features a private, cozy yard with mature fruit trees and a newly installed vinyl fence, providing a tranquil and private outdoor retreat.
Classic Interior Appeal: Boasts beautiful hardwood floors and a spacious living room, contributing to a warm and inviting atmosphere.
Fire Impact Assurance: Explicitly stated as 'NOT affected by the fires,' offering peace of mind regarding a significant regional concern.

Cons

Substantial Price Discrepancy: The listing price of $865,000 is significantly higher than the estimated property value of $604,833.14, potentially indicating overpricing or a need for a detailed comparative market analysis to justify the asking price.
Age of Property & Potential System Updates: Built in 1946, the home may have original systems (e.g., plumbing, electrical, HVAC) that could require significant investment for modernization or maintenance in the near future, as no major system upgrades are mentioned.
Garage Conversion Considerations: The expanded bedroom with a converted garage space, while flexible, may raise questions regarding permitting, insulation, and HVAC integration, potentially impacting its full functionality as living space or future resale.

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