
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.
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.
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), 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 ample outdoor space for gardening and entertaining. Possibilities for expansion include a lot-split and ADU. The adjacent property 547 Woodbury is also for sale and offers three rental units with strong income potential with an opportunity for supplemental income, multigenerational living, or future investment upside. Properties are offered separately but intended to be sold concurrently, creating a rare and flexible ownership opportunity.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,879 | 1,863 | 53% |
| Lot Size | 15,210 | 8,701 | 84% |
| Price | $1.50M | $1.36M | 59% |
| Price per sq ft | $796 | $768 | 56% |
| Built year | 1936 | 1947 | 35% |
| HOA | $0 | $0 | 50% |
| Days on market | 33 | 129 | 8% |
May 12, 2026
$1,495,000
Initial Listing