509 W Altadena Drive, Altadena, California 91001, Altadena, 91001 - bed, bath

509 W Altadena Drive, Altadena, California 91001 home-pic-0
ACTIVE$520,000
509 W Altadena Drive, Altadena, California 91001
0Bed
0Bath
1,064Sqft
8,264Lot

Price Vs. Estimate

The estimated value ($491,354.71) is $28,645.29 (5%) lower than the list price ($520,000). This property may be overpriced.

Key pros and cons

Top Pros:
Mountain Views: The property boasts desirable mountain views, enhancing its appeal and potentially increasing its market value.
Top Cons:
Smaller Square Footage: The 1,064 sqft size may be limiting for larger families or those desiring more living space.

Compared to the nearby listings

Price:$520.0K vs avg $1.10M ($-580,000)2%
Size:1,064 sqft vs avg 1,581 sqft20%
Price/sqft:$489 vs avg $71314%

More Insights

Built in 1948 (77 years old).
Condition: The property was built in 1948. The images show that the house has been demolished and the lot is vacant. Hazardous materials removal is complete. Therefore, the property is unlivable and requires demolition.
Year Built
1948
Close
-
List price
$520K
Original List price
$549K
Price/Sqft
$489
HOA
-
Days on market
-
Sold On
-
MLS number
AR25100445
Home ConditionTear down
Features
Good View: Mountain(s)
ViewMountain(s)

About this home

Condition Rating
Tear down

The property was built in 1948. The images show that the house has been demolished and the lot is vacant. Hazardous materials removal is complete. Therefore, the property is unlivable and requires demolition.
Pros & Cons

Pros

Mountain Views: The property boasts desirable mountain views, enhancing its appeal and potentially increasing its market value.
Large Lot Size: The 8,264 sqft lot provides ample outdoor space, offering opportunities for landscaping, gardening, or expansion.
Established Neighborhood: Located in Altadena, a well-established area known for its community feel and proximity to amenities.
Pasadena Unified School District: Being part of the Pasadena Unified School District can be a significant draw for families with school-aged children.
Price Reduction: The property has experienced a price reduction from its original list price, potentially signaling an opportunity for buyers.

Cons

Smaller Square Footage: The 1,064 sqft size may be limiting for larger families or those desiring more living space.
Year Built: Built in 1948, the property may require updates or renovations to meet modern standards and preferences.
Active Status & Time on Market: The 'Active' status combined with the on-market date suggests the property has been available for a while, potentially indicating challenges in attracting buyers at the current price.

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