Nestled in the charming community of Altadena, California, this triplex offers a fantastic investment opportunity or a delightful residence for those seeking both comfort and convenience. The property comprises three well-maintained units, each boasting a blend of modern amenities and timeless features. The largest unit features 2 bedrooms and 1 bathroom, providing ample space for comfortable living. The two additional units consist of 1 bedroom and 1 bathroom each, offering cozy yet functional spaces. All units showcase the warmth of hardwood floors, creating an inviting atmosphere. The 2-bedroom unit provides dual carport parking, while the other two units each come with one designated parking space, ensuring hassle-free parking for residents. This property also offers practical amenities such as a shared laundry room and storage space attached to the garage, providing added convenience for residents. The location is a highlight, being near local transportation, freeways, parks, and picturesque hiking trails. Whether you're an investor seeking a promising opportunity or someone looking to live in one unit and rent out the others, this triplex provides a versatile and appealing option. Don't miss the chance to be part of Altadena's thriving community – make this property your next savvy investment or comfortable home!
Hillside lot, the seller will provide an Architect and engineering drawing. All plans have to be updated. The seller will make the update for the buyer and pay the fee to the seller. The seller is an engineer and contractor, he will help the buyer obtain the building permit and make the construction.
Nestled in the picturesque community of Altadena, this charming 3-bedroom, 2- bathroom home awaits you on an expansive half-acre lot. As you approach, an inviting brick walkway guides you past lush greenery and mature trees, creating an immediate sense of peace and tranquility. Inside, the airy interior welcomes you with warm natural light, creating a space designed for both entertaining and cozy nights in. The formal living room, featuring a stunning fireplace adds an element of of character and charm. The modern open floor plan includes a cozy family room a haven with view perfect for gatherings with loved ones. Unwind on the expansive deck and host summer barbecues on the patio, surrounded by the bucolic beauty of mature trees that provide both shade and privacy. In addition to a sleek modern kitchen with island, the main floor features two bedrooms, a full bathroom, and a spacious laundry room with it's own sink. Upstairs awaits the luxurious master suite. The master-bedroom opens onto a balcony with expansive treetop views of the lush greenery below. Indulge in the spa-like ambiance of the master bathroom, with his & hers walk-in closets, a double vanity, and a soaking tub that offers soaring views of the landscape. Imagine moving into what is essentially a brand new home; all major systems including electrical, plumbing, air conditioning, bathrooms, kitchen, garage, etc have have been meticulously upgraded. For horse lovers, the property is zoned for equestrian living and boasts an oversized garage with ample room for a horse trailer. Moreover, nearby Loma Alta Park offers many amenities including equestrian trails. The spectacular Millard Falls hiking trail with its breathtaking waterfall is just steps away. Take the first step into your personal sanctuary-schedule your showing today and embark on the journey to living your finest life!
Courtesy: Buckingham Investments, Inc
Located on a quiet cul-de-sac nearby local schools, parks, and numerous hiking/biking trails, this inviting home proves the adage that location is everything. Set in an established neighborhood with sidewalks and mature trees, the home offers a turnkey interior with attractive hardwood and tile floors, a resort-like backyard with a pool, and peaceful area views. Built in 1949 and refined by the current owner of 30 years, the home combines modern amenities with classic architectural features, including arched doorways, built-in shelving and crown moldings. A living room with a fireplace and a separate dining room create a relaxing venue for formal occasions; a main floor bedroom/office that opens to the backyard adds functionality. The family room is a focal point, as it has vaulted hardwood ceilings, a fireplace and French doors that connect to the outdoor living areas. Showcasing the latest technology and style, the kitchen boasts quartz countertops, recessed lighting, open shelves and a stone backsplash. White custom cabinets, some with glass insets, and modern Stainless Steel appliances, including a gas range, add to the appeal. The well-conceived floor plan is further enhanced by dual primary suites, one of which features a retreat and a spacious covered balcony with views. The main primary suite bathroom has intricate custom tile, Pebble stone, a wall of custom cabinets and large skylights, making it a cheerful place to start the day. With an expansive tile patio, a large pergola that is attached to the home, mature landscaping and a built-in bar area, the secluded backyard is a beautiful extension of the living space. Other features include walk-in closets, high ceilings, solar panels, water softening system and an attached two car garage. Situated in close proximity to what may be the best hiking/biking trails in LA County, in a sought-after neighborhood that offers easy access to shops, golf courses and restaurants, this is the ultimate legacy property.
Courtesy: COMPASS
This property for sale consist of 6 parcels, 3 of the parcels have a single house on them. which totals 3.04 Acres. Buyer may check with the county office to see what type of a development can be built.
Built in 1924, 451 E. Sacramento Street offers an investor the opportunity to acquire an 8-unit asset on an over 30,000-square-foot lot in Altadena, California. The property is comprised of (8) 1BD/1BA + Den units with over $540,000 spent on capital improvements, including new plumbing, roofing and electrical ugrades already completed. Current ownership has received approval from the City allowing the lot to be subdivided into three (3) separate parcels with the ability to build eight (8) new ADUs across the parcels, for additional rental revenue of approximately $386,400 annually. With the construction of the ADUs, the property can be stabilized at a 11.85% cap rate and 6.98 GRM. Resident utility billing (RUBS) has been implemented across the property to lower operational expenses. The property is Mills Act eligible, allowing new ownership the opportunity for significant tax savings*. 451 E. Sacramento Street offers an assumable Freddie Mac loan of $1,646,000 at 5.25% with 5 years of interest only payments remaining.
2548 El Molino Avenue is a 10-unit asset located in Altadena, California. Current ownership has spent over $400,000 to thoughtfully restore the asset, with $170,000 alone spent on electrical and plumbing ugrades and a new roof. New ownership can take advantage of current ownership's interior remodels and recognize 20% upside on current rents. The property is comprised of (2) 2BD/1BA units, (6) 1BD/1BA + Den units, and (2) 1BD/1BA units. Current ownership has implemented resident utility billing (RUBS) across all units, allowing the asset to operate at a sub 30% expense ratio. The property is Mills Act eligible, which would allow new ownership to further drive down operating expenses*. An existing storage space provides current income, and also has the potential to be converted into two (2) ADUs for additional rental revenue of approximately $84,000 annually. 2548 El Molino Avenue offers an assumable loan of $1,631,000 at 5.25% with 5 years of interest only payments remaining.
Welcome to this beautifully remodeled Spanish style home and walk through the arched custom wood front door where you will find a bright and airy open concept layout featuring oversized windows and arched doorways. This property has loads of character with stylish built-in shelves and cabinetry. The dining room leads you to the updated kitchen with ample cabinetry and counter space including new stainless steel appliances such as range and dishwasher along with farmhouse apron sink, and a nook perfect for your coffee or beverage Station. You can see and feel the flow of charm and design backed by quality materials throughout the home. The master suite offers a remodeled bathroom, spacious closet, double French door access with a wooden deck leading to the back Yard. Additional features include: ductless, energy efficient split units for comfortable cooling/heating and very spacious backyard. Property is minutes from the historic Rose Bowl, Brookside Golf Course, Rose Bowl Aquatics Center, Kidspace Museum, Old Town Pasadena, JPL, Cal Tech, Pasadena Gold Line, Paseo Colorado and Old Town Pasadena.
Courtesy: Buckingham Investments, Inc
Courtesy: Century 21 Diamond
Altadena is located in California. Altadena, California has a population of 45,236. Altadena is less family-centric than the surrounding county with 29.71% of the households containing married families with children. The county average for households married with children is 32.35%.
The median household income in Altadena, California is $88,774. The median household income for the surrounding county is $61,015 compared to the national median of $57,652. The median age of people living in Altadena is 43.7 years.
The average high temperature in July is 84.3 degrees, with an average low temperature in January of 36.6 degrees. The average rainfall is approximately 22.7 inches per year, with 0 inches of snow per year.
