$525,000
●
Land -
Off Market
3349 Tonia Ave
Altadena, CA 91001
Studio
0 Bath
$2,696
Est. Monthly
About This Property
Nestled in North Altadena, 3349 Tonia Avenue occupies a flat,
7,560-square-foot lot with open views of the San Gabriel Mountains
to the north. A fruiting avocado tree, tended for decades, still
stands, along with a professionally designed stone pond that adds a
quiet focal point to the property. The location offers easy access
to Farnsworth Park, Loma Alta Park, and the nearby network of
hiking trails that wind through the foothills. The adjacent
property at 3339 Tonia Avenue is also available for sale,
presenting a rare opportunity to own two side-by-side parcels in
this desirable location. This was once the site of a three-bedroom,
two-bathroom home with 1,071 square feet of living space and a 400
square foot detached garage with a 209 square foot studio. With
Phase 2 debris removal complete, the site is cleared and ready for
what comes next. The property is being sold as land only.
Unit Size
-
Days on Market
38 days
Land Size
0.17 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
1947
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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: 11 months ago (CRMLS #P1-24876)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 16, 2025 | Sold | ||
| Sold | |||
| Dec 3, 2025 | In contract | - | |
| In contract | |||
| Oct 21, 2025 | Listed by COMPASS | $549,000 | |
| Listed by COMPASS | |||
Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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ft²
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Asking Price
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Closing Price
Sold On
Sold On
HOA + Taxes
About Altadena
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Listed by: Teresa Fuller, COMPASS
Last Updated: 11 months ago
Data Source: CRMLS, MLS# P1-24876
Last Updated: 11 months ago
Data Source: CRMLS, MLS# P1-24876
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