660 Devirian, Altadena, California 91001, Altadena, 91001 - 4 bed, 3 bath

660 Devirian, Altadena, California 91001 home-pic-0
ACTIVE$850,000$1,876/sqft
Est. Value: $894,297
5%
BelowEstimate
660 Devirian, Altadena, California 91001
4Beds
3Baths
1,876Sqft
8,933Lot

Price Vs. Estimate

The estimated value ($894,297.27) is $44,297.27 (5%) higher than the list price ($850,000). This property may be underpriced.

Key pros and cons

Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8933, living area = 1876.
Top Cons:
Limited Financing Options: The property requires cash, hard money, or construction financing due to its current condition, significantly narrowing the pool of potential buyers.

Compared to the nearby listings

Price:$850.0K vs avg $1.11M ($-265,000)19%
Size:1,876 sqft vs avg 1,601 sqft58%
Price/sqft:$453 vs avg $70311%

More Insights

Built in 1926 (100 years old).
Condition: Despite recent cosmetic updates to the kitchen and bathrooms, which feature new appliances, modern fixtures, and hardwood flooring, the property is explicitly described as requiring 'still work required to bring the property to financeable condition.' The need for 'cash offers, hard money, or construction financing' indicates substantial, non-cosmetic issues that prevent conventional lending. This suggests significant defects or incomplete major systems (e.g., structural, electrical, plumbing, or permitting post-fire remediation) that require substantial repairs and rehabilitation to make the property fully functional and marketable.
Year Built
1926
Close
-
List price
$850K
Original List price
$850K
Price/Sqft
$453
HOA
-
Days on market
-
Sold On
-
MLS number
PF26009554
Home ConditionPoor
Features
Good View: Mountain(s)
Patio
ViewMountain(s)

About this home

Light Fixer with Upside - 660 Devirian Place presents a rare opportunity to complete the thoughtful restoration of this 1926 classic located West of Lincoln Avenue in a quiet pocket of Altadena where very few properties burned. This 4-bedroom, 2.5-bath home offers nearly 1,900 square feet of living space on a large lot, blending original character with substantial modern improvements already in place. The owners were nearly finished with an extensive remodel prior to the Eaton Fire, meaning much of the heavy lifting has already been done. Following remediation, there is still work required to bring the property to financeable condition, so cash offers, hard money, or construction financing will be needed—an excellent opportunity for investors or owner-users looking to add value and personalize the final touches. Just moments from the ever-popular Unincorporated Coffee—where the aroma of freshly roasted beans drifts through the neighborhood—the location is equally close to Altadena Cookie Company, the renowned Jet Propulsion Laboratory, Odyssey Charter School, Aveson School of Leaders, and the scenic Altadena Crest Trailhead—making this an ideal spot for those who value both community and outdoor access. An oversized two-car garage is already finished with drywall and polished concrete floors. Existing plans to convert the garage into an ADU may be included with the property, offering future income potential or flexible living space. With its classic bones, advanced stage of renovation, and unbeatable Altadena location, 660 Devirian Place is poised to be brought back to life as something truly special. AGENTS - PLEASE REVIEW AGENT REMARKS AND SUPPLEMENTS.

S
Steve Aranda
Listing Agent

Price History

Date
Event
Price
02/27/19
Sold
$720,000
Condition Rating
Poor

Despite recent cosmetic updates to the kitchen and bathrooms, which feature new appliances, modern fixtures, and hardwood flooring, the property is explicitly described as requiring 'still work required to bring the property to financeable condition.' The need for 'cash offers, hard money, or construction financing' indicates substantial, non-cosmetic issues that prevent conventional lending. This suggests significant defects or incomplete major systems (e.g., structural, electrical, plumbing, or permitting post-fire remediation) that require substantial repairs and rehabilitation to make the property fully functional and marketable.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8933, living area = 1876.
Significant Value-Add Potential: Positioned as a 'Light Fixer with Upside,' much of the extensive remodel is already complete, offering a prime opportunity for investors or owner-users to add value and personalize the final touches.
Prime Altadena Location: Situated in a desirable, quiet pocket of Altadena, West of Lincoln Avenue, with convenient access to popular local amenities, reputable schools, and the Altadena Crest Trailhead.
ADU Conversion Opportunity: Features an oversized, finished two-car garage with potential for ADU conversion, including existing plans, providing future income potential or flexible living arrangements.
Historic Charm with Modern Foundation: A 1926 classic home that retains its original character while benefiting from substantial modern improvements already implemented.
Scenic Mountain Views & Desirable School District: Enjoys attractive mountain views and is located within the highly-regarded Pasadena Unified High School District.

Cons

Limited Financing Options: The property requires cash, hard money, or construction financing due to its current condition, significantly narrowing the pool of potential buyers.
Incomplete Renovation: While substantial work has been done, the property is not yet in a fully financeable state and requires additional investment and effort to complete the restoration.
Past Fire Remediation: The property underwent remediation following the Eaton Fire, which, despite being addressed, may still be a consideration for some buyers regarding past damage.
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