2040 El Molino Ave Altadena, CA 91001
Estimated payment $3,367/month
Highlights
- Popular Property
- Mountain View
- Foothills
- John Muir High School Rated A-
- No HOA
About This Lot
Located on the corner of El Molino Ave and E Sacramento St, just two blocks north of Woodbury Rd and a short stroll from the historic Christmas Tree Lane. This R-2 zoned corner lot presents a rare opportunity to restore a multi-unit property in a prime Altadena location. The lot previously featured three units: two ground-level units (2-bed/1-bath and 1-bed/1-bath), an upstairs 3-bed/2-bath penthouse with mountain views, and a detached 3-car garage. Phase 2 debris removal completed. The lot is ready for a fresh start. Ideal for a homeowner looking to develop multiple units, live in one, and rent out the others. Land is being sold in its current as-is condition. Drive by only. Please do not enter the property for your safety.
Listing Agent
REAL ESTATE EBROKER INC. Brokerage Phone: 818-649-4414 License #02103367 Listed on: 08/06/2025
Property Details
Property Type
- Land
Est. Annual Taxes
- $16,453
Lot Details
- 6,034 Sq Ft Lot
- Density is 6-10 Units/Acre
- Property is zoned LCR2YY
Property Views
- Mountain
- Neighborhood
Community Details
- No Home Owners Association
- Foothills
Listing and Financial Details
- Assessor Parcel Number 5845032001
Map
Home Values in the Area
Average Home Value in this Area
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 | $16,453 | $634,450 | $634,450 | -- |
| 2024 | $16,453 | $1,367,053 | $956,938 | $410,115 |
| 2023 | $16,056 | $1,340,249 | $938,175 | $402,074 |
| 2022 | $15,503 | $1,313,971 | $919,780 | $394,191 |
| 2021 | $14,709 | $1,288,208 | $901,746 | $386,462 |
| 2019 | $14,160 | $1,250,000 | $875,000 | $375,000 |
| 2018 | $6,720 | $527,658 | $331,170 | $196,488 |
| 2017 | $6,652 | $517,313 | $324,677 | $192,636 |
| 2016 | $6,499 | $507,170 | $318,311 | $188,859 |
| 2015 | $6,429 | $499,553 | $313,530 | $186,023 |
| 2014 | $6,111 | $471,329 | $307,389 | $163,940 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/06/2025 08/06/25 | For Sale | $520,000 | -58.4% | -- |
| 10/17/2018 10/17/18 | Sold | $1,250,000 | +4.3% | $492 / Sq Ft |
| 08/10/2018 08/10/18 | Pending | -- | -- | -- |
| 07/31/2018 07/31/18 | For Sale | $1,198,000 | 0.0% | $471 / Sq Ft |
| 08/03/2015 08/03/15 | Rented | $2,100 | 0.0% | -- |
| 07/28/2015 07/28/15 | Under Contract | -- | -- | -- |
| 07/24/2015 07/24/15 | For Rent | $2,100 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,250,000 | Chicago Title Company | |
| Interfamily Deed Transfer | -- | Ticor Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $460,000 | Fidelity Van Nuys | |
| Grant Deed | $350,000 | Advantage Title Inc | |
| Interfamily Deed Transfer | -- | Advantage Title Inc | |
| Interfamily Deed Transfer | -- | Chicago Title Co | |
| Interfamily Deed Transfer | -- | United Title Company | |
| Gift Deed | -- | -- | |
| Grant Deed | $147,000 | First American Title Co | |
| Trustee Deed | $261,942 | United Title Company |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $260,000 | New Conventional | |
| Previous Owner | $321,965 | New Conventional | |
| Previous Owner | $525,000 | Negative Amortization | |
| Previous Owner | $58,000 | Unknown | |
| Previous Owner | $205,500 | Unknown | |
| Previous Owner | $50,000 | Balloon | |
| Previous Owner | $110,000 | Stand Alone Second | |
| Previous Owner | $275,000 | Unknown | |
| Previous Owner | $50,300 | Credit Line Revolving | |
| Previous Owner | $30,000 | Credit Line Revolving | |
| Previous Owner | $188,958 | FHA | |
| Previous Owner | $139,060 | FHA |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: WS25177166
APN: 5845-032-001
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
- 797 New York Dr
- 834 Morada Place
- 867 New York Dr
- 1830 N El Molino Ave
- 2117 Lake Ave
- 591 Alameda St
- 574 Alameda St
- 645 Colman St
- 451 E Sacramento St
- 1955 N Los Robles Ave
- 385 E Montana St
- 2310 Santa Anita Ave
- 1052 New York Dr
- 917 E Mendocino St
- 955 E Mendocino St
- 952 Beverly Way
- 915 Beverly Way
- 2263 Mar Vista Ave
- 1693 N Los Robles Ave
- 732 E Mariposa St
- 1968 El Molino Ave
- 613 Alameda St
- 2000 Lake Ave Unit 7
- 2000 Lake Ave Unit 4
- 2000 Lake Ave Unit 3
- 2000 Lake Ave Unit 1
- 2163 Santa Rosa Ave
- 1791 Walworth Ave
- 455 E Sacramento St
- 471 Alameda St
- 1983 N Garfield Ave
- 239 E Montana St
- 385 E Mendocino St
- 959 E Mariposa St
- 1860 N Summit Ave
- 1797 N Summit Ave
- 2649 Lake Ave
- 613 E Washington Blvd Unit 1
- 2680 Lake Ave Unit 1
- 27 E Montana St