3304 Rubio Crest Drive
About This Property
Discover a rare opportunity to build your dream home in Rubio Highlands, one of Altadena's most naturally stunning neighborhoods. This 9,154 sq ft lot offers panoramic mountain views and direct access to nearby hiking trails, all just minutes from the heart of Altadena.
The original 3-bedroom, 2-bathroom, 1,857 sq ft home with a pool was lost in the Eaton Canyon wildfire. While the surrounding neighborhood continues its journey toward recovery, the strong, dedicated community of Altadena is committed to rebuilding and restoring this historic hillside enclave.
With Phases 1 & 2 of post-fire clearance already completed, this property is ready for construction. Whether you're envisioning a tranquil retreat or a bold architectural statement, this lot provides a unique chance to create something new in a location rich with natural beauty and community spirit.
Don't miss this chance to be part of Altadena's next chapter.
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Cap Rate Calculator
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 20, 2025 | Sold | ||
| Sold | |||
| Jun 10, 2025 | In contract | - | |
| In contract | |||
| May 22, 2025 | Listed by Keller Williams Realty World Media Center | $730,000 | |
| Listed by Keller Williams Realty World Media Center | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017