956 Parkman Street, Altadena, California 91001, Altadena, 91001 - 3 bed, 3 bath
956 Parkman Street
Altadena, California 91001
Property Price
SUMMARY
Analysis of 956 Parkman Street, Altadena, California 91001 reveals a Prime Investment Opportunity with a current list price of $1,399,999—significantly undercutting the $1,457,141 Fair Market Value by 3%. This valuation gap indicates a +$57,142 Instant Equity potential for buyers. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Altadena Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 956 Parkman Street Subject | $1,399,999* List Price | 3 | 3 | 2,170 | $671 | - |
A 382 Alta Pine Sold | $1,455,000 | 3 | 2 | 2,019 | $721 | 0.4 mi |
B 2650 Catherine Road Sold | $1,500,888 | 3 | 2 | 1,804 | $832 | 0.7 mi |
C 3010 Highview Avenue Active | $1,649,000 List Price | 4 | 3 | 2,110 | $782 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
This 1920 Spanish Revival home has undergone an extensive recent renovation that meets modern luxury standards. The property features a gourmet kitchen with high-end Thermador appliances, quartz countertops, and custom cabinetry, alongside updated bathrooms with terrazzo-style tiling and custom vanities. With new hardwood floors, dual-pane windows, and beamed ceilings, the home combines historic charm with virtually new components and no visible deferred maintenance, qualifying it for an excellent rating.
PROSSTRENGTHS & OPPORTUNITIES
- Modernized Spanish Revival
This 1920s home seamlessly blends historic Spanish Revival charm, such as beamed ceilings, with high-end modern upgrades including a gourmet Thermador kitchen and dual-pane windows.
- Exceptional Views
The property features an upper patio that provides rare and expansive views of the city lights, twilight horizons, and the ocean, significantly increasing its lifestyle appeal.
- Flexible Floor Plan
With a lower-level third bedroom and family room, the home offers a versatile layout ideal for a guest suite, home office, or music studio, catering to diverse buyer needs.
CONSRISKS & DEFICIENCIES
- Market Volatility
The property has undergone multiple price reductions and is currently listed significantly below its 2021 sale price of $1.65M, which may raise questions regarding its valuation or local market trends.
- Historical Upkeep
As a century-old home, the property requires a buyer committed to the ongoing preservation and maintenance associated with Altadena's architectural heritage.
About 956 Parkman Street
Help preserve Altadena's timeless charm at 956 Parkman Street, a beautifully renovated Spanish Revival gem in Northeast Altadena, now priced to sell after a recent reduction. This move-in-ready 3-bedroom, 3-bath home blends classic elegance with modern flow: rich hardwood floors, beamed ceilings, abundant natural light, and an open layout perfect for today's living. The gourmet kitchen shines with custom cabinetry, Thermador appliances, quartz counters, a large island with a farmhouse sink, and a walk-in pantry. The lux primary suite features a custom vanity and spacious terrazzo-style walk-in shower. A versatile lower-level bedroom and family room offer flexible space for guests, an office, or a music studio. Outside awaits your private retreat: an enchanting entertainment area with an A-frame playhouse and an upper patio capturing stunning city, twilight, mountain, and ocean views. Ready for its next chapter, this exceptional home won't last long at this new price.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1920
- Lot Size
- 7,211 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 62% |
| Square foot | 2,170 | 1,804.5 | 70% |
| Lot Size | 7,211 | 9,096.5 | 27% |
| Price | $1.40M | $1.19M | 63% |
| Price per sq ft | $645 | $681 | 40% |
| Built year | 1920 | 1946 | 4% |
| HOA | $0 | $0 | 50% |
| Days on market | 60 | 170 | 7% |
Pricing History
Listed for Sale
Feb 26, 2026
$1,399,999
$1,499,999
-7% Price Drop
Initial Listing
Price Change
Jan 23, 2026
$1,499,999
$1,520,000
-1% Price Drop
Initial Listing
Price Change
Jan 5, 2026
$1,520,000
Initial Listing
Sold
Jul 9, 2021
$1,650,000
Public Record
Sold
Jun 21, 2018
$956,000
Public Record
Sold
Feb 21, 2007
$589,000
Public Record