$600,000
●
Land -
Off Market
2935 Maiden Lane
Altadena, CA 91001
Studio
0 Bath
$2,696
Est. Monthly
About This Property
Set in the picturesque foothills of Altadena, this property
presents a rare chance to build anew or reimagine the timeless
traditional home that once stood. Originally home to a 3-bedroom,
2-bathroom residence built in 1945, the lot now offers a blank
canvas for a fresh vision following the Eaton Canyon Fire. Located
in a beloved neighborhood, several neighboring homes to the west
remain intact, preserving the character and charm of the area. With
its tranquil setting and stunning natural surroundings, this is an
ideal opportunity for those looking to create a dream home in a
sought-after location. This as-is sale requires the buyer to
conduct their own due diligence regarding future building
requirements, including consultation with LA County and relevant
agencies for site clearance, hazardous material removal, and
environmental remediation. The property previously had access to
all utilities, but the buyer must verify restoration requirements.
Please Note: This is a drive-by only listing. Do not enter the
property due to current safety protocols.
Unit Size
-
Days on Market
9 days
Land Size
0.15 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
1945
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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 #P1-21413)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 3, 2025 | Sold | ||
| Sold | |||
| Mar 25, 2025 | Listed by Keller Williams Realty | $549,000 | |
| Listed by Keller Williams Realty | |||
Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
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Type
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ft²
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Asking Price
Listed On
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Closing Price
Sold On
Sold On
HOA + Taxes
About Altadena
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Listed by: Jason Berns, Keller Williams Realty
Last Updated: 2 years ago
Data Source: CRMLS, MLS# P1-21413
Last Updated: 2 years ago
Data Source: CRMLS, MLS# P1-21413
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