$550,000
●
Land -
Off Market
173 E Pine Street
Altadena, CA 91001
Studio
0 Bath
$2,205
Est. Monthly
About This Property
Unique opportunity to own a flat 7,500 sq. ft. lot situated at the
end of a non-through street. This property was previously home to a
1,528 sq. ft., 3-bedroom, 2-bath residence with an attached 2-car
garage, which was lost in the January 2025 Eaton Fire. Important
Notice: This is a burn site and is being sold strictly AS IS in its
current condition. Buyer to conduct their own due diligence
regarding all aspects of the property, including but not limited to
future development potential, zoning, permitted uses, lot size, and
rebuilding requirements. Seller and listing broker make no
warranties or guarantees regarding future land use or approvals. Be
a part of rebuilding the beautiful community of Altadena!PLEASE DO
NOT WALK ON THE PROPERTY AS IT IS CURRENTLY A BURN SITE.
Unit Size
-
Days on Market
34 days
Land Size
0.17 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
1962
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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: 2 years ago (CRMLS #P1-20953)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 26, 2025 | Sold | ||
| Sold | |||
| Feb 21, 2025 | Listed by Berkshire Hathaway Home Servic | $449,000 | |
| Listed by Berkshire Hathaway Home Servic | |||
| Dec 15, 2021 | No longer available | - | |
| No longer available | |||
| Nov 11, 2021 | In contract | - | |
| In contract | |||
| Oct 22, 2021 | Listed by Dowling Realty, Inc | $960,000 | |
| Listed by Dowling Realty, Inc | |||
| | |||
|
If you like your privacy this is the home for you! Secluded SFR with big front yard. Back yard surrounded by trees with plenty of shade. Enter this home to an ample living room with a cozy fireplace and hardwood floors. Dining area overlooking the front yard with wood accents on the ceiling on a parquet flooring. kitchen with parquet flooring. Laundry area. Nice size bedrooms an a den that leads to the back yard. Central and windows AC. The manager has listed the unit size as 1325 square feet.
| |||
Property Highlights
Parking Available
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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HOA + Taxes
About Altadena
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Listed by: Hilda Hernandez, Berkshire Hathaway Home Servic
Last Updated: 2 years ago
Data Source: CRMLS, MLS# P1-20953
Last Updated: 2 years ago
Data Source: CRMLS, MLS# P1-20953
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