$577,777
●
Land -
Off Market
2899 N Mount Curve Avenue
Altadena, CA 91001
Studio
0 Bath
$3,118
Est. Monthly
About This Property
Don't miss this wonderful opportunity to help rebuild Altadena!
Phase 1 and 2 have been completed. Situated one block east of Lake
Ave and four blocks north of Altadena Drive, this approximately
6,397 sqft lot was razed by the Eaton Fire. Prior to the fire,
there was a 4 bedroom, 3 bathroom, 1,530 sqft single family home on
the property. Views to the mountains, proximity to hiking trails
and Farnsworth Park were some of the many things the owners loved
about living here. Prior home had gas, water, electric and sewer
connection, but the current condition of those utilities is
unknown. Buyers are advised to independently verify all aspects of
the property with the County of Los Angeles and appropriate
government agencies, including, but not limited to, lot
remediation, future use of the property, rebuilding and permitting
requirements, zoning and lot size. Property is being sold in as-is
condition without warranties or guarantees of future use. Drive-by
only, do not walk on the property.
Unit Size
-
Days on Market
23 days
Land Size
0.15 acres
Price per sqft
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Property Type
Land
Property Taxes
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HOA Dues
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Year Built
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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 #P1-22325)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 11, 2025 | Sold | ||
| Sold | |||
| May 31, 2025 | In contract | - | |
| In contract | |||
| May 19, 2025 | Listed by COMPASS | $635,000 | |
| Listed by COMPASS | |||
Property Highlights
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About Altadena
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Listed by: Jeffrey Salcido, COMPASS
Last Updated: 2 years ago
Data Source: CRMLS, MLS# P1-22325
Last Updated: 2 years ago
Data Source: CRMLS, MLS# P1-22325
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