
Altadena, California 91001
This Spacious Traditional Home represents a High-Potential Investment Opportunity, listed at $1,495,000—positioned well below the $1,549,720 Fair Market Value by 3%. This valuation gap offers $54,720 in Instant Equity. With a Good Condition Rating and significant infrastructure updates like copper plumbing and a 200-amp panel, the property is move-in ready while offering massive development upside via a potential lot-split or ADU. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking long-term value in Altadena.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 541 E Woodbury Subject | $1,495,000* List Price | 3 | 2 | 1,879 | $796 | - |
A 408 Alameda Street Sold | $1,752,500 | 4 | 3 | 2,007 | $873 | 0.3 mi |
B 1221 Sonoma Drive Sold | $1,500,000 | 4 | 2 | 2,175 | $690 | 0.8 mi |
C 2429 Ganesha Avenue Sold | $1,180,000 | 3 | 2 | 1,374 | $859 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While originally built in 1936, the home is well-maintained and move-in ready with a kitchen remodeled in 2018 (approx. 8 years ago). Key systems have been updated, including copper plumbing, a 200-amp electrical panel, dual-pane windows, and a newer roof, placing it firmly in the 'Good' category for renovations between 5-15 years old.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 15210, living area = 1879.
The property features significant mechanical and structural upgrades, including copper plumbing, a 200-amp electrical panel, dual-pane windows, and a newer roof, minimizing immediate capital expenditure for the buyer.
Set on an expansive 15,210 SF lot, the property offers rare value-add opportunities such as a lot-split or the construction of an ADU, providing massive upside for investors or multi-generational families.
The intent to sell the property concurrently with the adjacent parcel may complicate the escrow process and could deter buyers looking for a straightforward, independent residential purchase.
While updated, the 1936 floor plan may lack the open-concept flow preferred by modern buyers, potentially requiring additional interior reconfiguration to suit contemporary lifestyle preferences.
Rare opportunity to create an exceptional family compound. Offered concurrently with the adjacent three-unit income property at 547 Woodbury, these two properties together provide four detached residences on more than 34,500 square feet of land, creating a unique opportunity for multigenerational living, supplemental income, or long-term investment. Set on a generous 15,210 SF lot, this well-maintained traditional home offers 3 bedrooms, 2 bathrooms, and approximately 1,879 square feet of living space, blending classic character with thoughtful updates including a remodeled kitchen (2018) featuring a Thermador double oven and gas cooktop, copper plumbing, upgraded 200-amp electrical panel, dual-pane windows, newer roof, and a recently replaced water heater. The home features a functional layout with comfortable living spaces and inviting outdoor areas for gardening and entertaining. Additional possibilities include a potential lot split and ADU (buyer to verify). Properties are offered separately but intended to be sold concurrently, creating a truly rare and flexible ownership opportunity.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.2 |
| Baths | 2.0 | 2.2 |
| Square foot | 1,879 | 2,151.356 |
| Lot Size | 15,210 | 10,984.254 |
| Price | $1.50M | $1.59M |
| Price per sq ft | $796 | $791 |
| Built year | 1936 | 1947 |
| HOA | $0 | $473 |
| Days on market | 120 | 53 |
May 12, 2026
$1,495,000
Initial Listing