$725,000
●
Land -
Off Market
3257 Lake Avenue
Altadena, CA 91001
Studio
0 Bath
$3,678
Est. Monthly
About This Property
Great opportunity for the buyers/Investors/Builders/Contractors on
this fantastic location, Very quiet, serene atmosphere of wonderful
neighborhood.
Prime flat parcel offers in one of Altadena's most desirable neighborhood. Near the golf course and country club, hiking trail area and park.
This expansive 11,250 sqft per the Assessor's record and title record shows 11,236 sqft. flat lot with views. approx. 75X150 lot in the highly sought after and great chance to build your dream home.
The property has been affected by the Eaton fire. Sellers already completed for U.S. Army Corps of Engineers clearance phase 1, 2 and The property Hazardous Materials removal is compete by ECC. All the normal utilities were previously connected, water, electric, gas and sewer. There is a detached
2 car garage and the storage still standing to utilize for the new home building for the buyers. Sold AS IS. Buyer to do their own due diligence, investigation with L.A county for zoning, permits for future building requirement.
Prime flat parcel offers in one of Altadena's most desirable neighborhood. Near the golf course and country club, hiking trail area and park.
This expansive 11,250 sqft per the Assessor's record and title record shows 11,236 sqft. flat lot with views. approx. 75X150 lot in the highly sought after and great chance to build your dream home.
The property has been affected by the Eaton fire. Sellers already completed for U.S. Army Corps of Engineers clearance phase 1, 2 and The property Hazardous Materials removal is compete by ECC. All the normal utilities were previously connected, water, electric, gas and sewer. There is a detached
2 car garage and the storage still standing to utilize for the new home building for the buyers. Sold AS IS. Buyer to do their own due diligence, investigation with L.A county for zoning, permits for future building requirement.
Unit Size
-
Days on Market
43 days
Land Size
0.26 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
1954
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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 #AR25113923)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 10, 2025 | Sold | ||
| Sold | |||
| Jul 9, 2025 | In contract | - | |
| In contract | |||
| May 28, 2025 | Listed by Coldwell Banker Realty | $749,000 | |
| Listed by Coldwell Banker Realty | |||
Property Highlights
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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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Baths
ft²
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Listed On
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HOA + Taxes
About Altadena
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Listed by: Imy Dulake, Coldwell Banker Realty
Last Updated: 2 years ago
Data Source: CRMLS, MLS# AR25113923
Last Updated: 2 years ago
Data Source: CRMLS, MLS# AR25113923
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