$522,777
●
Land -
Off Market
1008 Dolores Drive
Altadena, CA 91001
Studio
0 Bath
$3,069
Est. Monthly
About This Property
Builder-ready opportunity with RTI plans and permits in place! This
exceptional lot comes with paid and approved architectural plans, a
completed topographical survey, and is permit-ready, offering a
seamless path to construction. Designed in a stunning modern
Spanish style, the plans feature approximately 1,700+ sq ft of
living space, including an attached garage, spacious deck, and
three bathrooms thoughtfully designed for both functionality and
style. Situated in a beautiful neighborhood with picturesque
mountain views, this property offers the perfect blend of
tranquility and convenience. Enjoy close proximity to shopping,
hiking trails, and the scenic foothills, making it an ideal
location for both lifestyle and investment. A rare chance to build
your dream home with much of the groundwork already complete!
Unit Size
-
Days on Market
27 days
Land Size
0.19 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
1938
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 7 months ago (CRMLS #SR26057624)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 13, 2026 | Sold | ||
| Sold | |||
| Mar 24, 2026 | In contract | - | |
| In contract | |||
| Mar 17, 2026 | Listed by Pinnacle Estate Properties | $625,000 | |
| Listed by Pinnacle Estate Properties | |||
Property Highlights
With View
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
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Baths
ft²
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Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Altadena
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Listed by: Stacey Franklin, Pinnacle Estate Properties
Last Updated: 7 months ago
Data Source: CRMLS, MLS# SR26057624
Last Updated: 7 months ago
Data Source: CRMLS, MLS# SR26057624
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