$990,000
●
Land -
For Sale
446 Devonwood Road
Altadena, CA 91001
Studio
0 Bath
$4,862
Est. Monthly
About This Property
Exceptional opportunity to own a lot in the foothills of Altadena
with stunning city lights and mountain views. Situated on
approximately 14,105 sq. ft., the property offers an elevated
setting with impressive panoramic surroundings and a sense of
privacy. A unique opportunity to create a custom residence in a
beautiful location near local trails, parks and nature. The lot was
previously improved with a residence and is now offered as vacant
land. Buyer to independently investigate and verify all development
possibilities, zoning, permits, utilities, building requirements,
lot size and all other information with the appropriate agencies.
Unit Size
-
Days on Market
43 days
Land Size
0.32 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
1959
Listed By
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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 months ago (CRMLS #GD26195755)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 7, 2026 | Listed by Coldwell Banker Realty | $990,000 | |
| Listed by Coldwell Banker Realty | |||
| Apr 7, 2026 | In contract | - | |
| In contract | |||
| Apr 7, 2026 | Sold | ||
| Sold | |||
| Jan 6, 2026 | Listed by Keller Williams Realty | $799,000 | |
| Listed by Keller Williams Realty | |||
| | |||
|
Great views to downtown LA on this flat private 14,101 sq. ft. lot. Close to local trails and parks. It was previously home to a 3051 sq ft residence with the best of nature and tremendous views. Looking for a new person to resurrect it to a new glorious state. Buyer to verify all zoning, permitting, rebuilding requirements,and status of utilities. Buyer is responsible to investigate future development, environmental toxicity, ability to add units and all things needed to rebuild on this site.
| |||
| Dec 2, 2025 | Price Decreased |
$799,000
↓ $26K
(3.2%) | |
| Price Decreased | |||
Show More
Property Highlights
Exterior Details
Lot Size Area: 14105
Lot Size Units: Square Feet
Lot Size Acres: 0.3238
Lot Size Square Feet: 14105
Tax Lot: 12
Water Source: Public
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Altadena
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Listed by: Kristina Nazarova, Coldwell Banker Realty
Last Updated: 2 months ago
Data Source: CRMLS, MLS# GD26195755
Last Updated: 2 months ago
Data Source: CRMLS, MLS# GD26195755
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