$1,130,000
●
Land -
Off Market
1277 Rubio Street
Altadena, CA 91001
Studio
0 Bath
$6,089
Est. Monthly
About This Property
An outstanding opportunity to own a half-acre in the heart of
Altadena's sought-after estate neighborhood. Formerly a gated
compound on one of the most desirable streets north of Altadena
Drive, with many of the gorgeous historic estates standing,
offering a truly unique setting. The expansive, flat,
north-south-facing lot provides privacy and serenity, enhanced by
mountain views and beautiful mature trees.Interested parties are
strongly encouraged to conduct their own due diligence with Los
Angeles County regarding zoning, permits, and rebuilding
requirements. Buyers should verify the current status of all
utilities with local providers.This is a rare opening, a chance to
create an exceptional residence on a stunning lot in one of
Altadena's most vibrant neighborhoods.
Unit Size
-
Days on Market
56 days
Land Size
0.50 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
1947
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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: 6 months ago (CRMLS #P1-26289)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 12, 2026 | Sold | ||
| Sold | |||
| Apr 24, 2026 | In contract | - | |
| In contract | |||
| Mar 8, 2026 | Listed by Coldwell Banker Realty | $1,240,000 | |
| Listed by Coldwell Banker Realty | |||
Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Altadena
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Listed by: Robin Stever, Coldwell Banker Realty
Last Updated: 6 months ago
Data Source: CRMLS, MLS# P1-26289
Last Updated: 6 months ago
Data Source: CRMLS, MLS# P1-26289
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