Seller's Agent in 2025
Ramiro Rivas
The Agency
(626) 497-4606
13 in this area
40 Total Sales
1007 E Palm St Altadena, CA 91001
3
Beds
2
Baths
1,910
Sq Ft
6,710
Sq Ft Lot
Highlights
- City Lights View
- No HOA
- Living Room
- Pasadena High School Rated A
- Breakfast Area or Nook
- Laundry Room
About This Home
As of December 2025First time on the market in 59 years, this 1948 Traditional home presents a rare investment opportunity with endless potential to reimagine and add value. The property offers three spacious bedrooms, two bathrooms, and a 21' x 15' office/bonus room. The expansive living room features a classic masonry fireplace and large windows that flood the space with natural light, while the adjacent formal dining room and kitchen with breakfast nook create a functional layout ready for modernization. The backyard offers excellent usability with brick pavers on one level and a grassy area on the second level, complemented by a detached two-car garage at the rear of the property--perfect for additional development possibilities such as an ADU (buyer to verify). Recent upgrades include new vinyl plank flooring and new insulation, leaving cosmetic renovations as the next step to maximize return. This is an exceptional opportunity for investors, developers, or owner users to capitalize on a home with strong fundamentals, a generous lot, and versatile spaces. Assessor's records indicate 1,554 square feet, while measured interior square footage is 1,910 (buyer to verify permits).
Home Details
Home Type
- Single Family
Year Built
- Built in 1948
Lot Details
- 6,710 Sq Ft Lot
- Block Wall Fence
- Chain Link Fence
- Sprinkler System
- Front Yard
Parking
- 2 Car Garage
- Parking Available
- Driveway
Property Views
- City Lights
- Mountain
Interior Spaces
- 1,910 Sq Ft Home
- 1-Story Property
- Fireplace With Gas Starter
- Living Room
- Laundry Room
Kitchen
- Breakfast Area or Nook
- Gas Range
Bedrooms and Bathrooms
- 3 Bedrooms
Additional Features
- Exterior Lighting
- Forced Air Heating and Cooling System
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 8
- Assessor Parcel Number 5844004008
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 2, 2025
Closed on
Nov 13, 2025
Sold by
Serra Family Trust and Serra Anthony J
Bought by
Davenport Katherine
Seller's Agent
Ramiro Rivas
The Agency
Buyer's Agent
Ramiro Rivas
The Agency
List Price
$1,050,000
Sold Price
$930,000
Premium/Discount to List
-$120,000
-11.43%
Views
34
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-78.71%
Original Mortgage
$838,928
Outstanding Balance
$838,123
Interest Rate
6.19%
Mortgage Type
FHA
Estimated Equity
$49,702
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $930,000 | Ticor Title Company Of Califor |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $838,928 | FHA |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/08/2025 12/08/25 | Sold | $930,000 | -11.4% | $487 / Sq Ft |
| 10/02/2025 10/02/25 | For Sale | $1,050,000 | -- | $550 / Sq Ft |
Source: Pasadena-Foothills Association of REALTORS®
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $1,772 | $95,269 | $35,711 | $59,558 |
| 2024 | $1,772 | $103,847 | $38,898 | $64,949 |
| 2023 | $1,751 | $101,812 | $38,136 | $63,676 |
| 2022 | $1,698 | $99,817 | $37,389 | $62,428 |
| 2021 | $1,557 | $97,860 | $36,656 | $61,204 |
| 2019 | $1,507 | $94,960 | $35,570 | $59,390 |
| 2018 | $1,440 | $93,099 | $34,873 | $58,226 |
| 2016 | $1,375 | $89,486 | $33,520 | $55,966 |
| 2015 | $1,359 | $88,143 | $33,017 | $55,126 |
| 2014 | $1,346 | $86,418 | $32,371 | $54,047 |
Source: Public Records
Agents Affiliated with this Home
-
Ramiro Rivas
-
Erica Rivas
E
Seller Co-Listing Agent in 2025
Erica Rivas
The Agency
(818) 257-1054
10 in this area
31 Total Sales
Map
Source: Pasadena-Foothills Association of REALTORS®
MLS Number: P1-24362
APN: 5844-004-008
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