NOT LISTED FOR SALE

2040 El Molino Ave Altadena, CA 91001

Altadena Area

Estimated Value: $396,000 - $569,000

0.14 Acres
$3,522,051 Price per Acre
6,034 Sq Ft Lot

Sale Details

Date Sold: September 25, 2025

Last sale price $500,000 $197 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $3,297 / mo

8 Days on Market

Highlights

  • Mountain View
  • No HOA
  • Foothills

About This Lot

As of September 2025

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, an upstairs unit 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.

Last Agent to Sell the Property

Trai Dinh Ho

REAL ESTATE EBROKER INC. Brokerage Phone: 818-649-4414 License #02103367 Listed on: 08/06/2025

REAL ESTATE EBROKER INC.

Last Buyer's Agent

Trai Dinh Ho

REAL ESTATE EBROKER INC. Brokerage Phone: 818-649-4414 License #02103367 Listed on: 08/06/2025

REAL ESTATE EBROKER INC.

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Property Type

  • Land

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

Property Details

Property Type

Land

Lot Details

6,034 Sq Ft Lot

Listing Details

  • View: Yes
  • Zoning: LCR2YY
  • Property Type: Land
  • Parcel Number: 5845032001
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 82.86

Exterior Features

  • View: Mountain(s), Neighborhood

Utilities

  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Foothills

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 6-10 Units/Acre
  • Lot Size Sq Ft: 6034.00
  • Lot Size Acres: 0.1385

Multi Family

  • Lot Size Area: 6034.0000 Square Feet

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 23, 2026
Sold by
Bought by
Current Estimated Value
$487,804

Purchase Details

Listed on
Aug 6, 2025
Closed on
Aug 15, 2025
Sold by
Bought by
Seller's Agent
Trai Dinh Ho
REAL ESTATE EBROKER INC.
Buyer's Agent
Trai Dinh Ho
REAL ESTATE EBROKER INC.
List Price
$520,000
Sold Price
$500,000
Premium/Discount to List
-$20,000
-3.85%
Views
12

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.86%

Purchase Details

Closed on
Aug 17, 2018
Sold by
Bought by

Purchase Details

Closed on
May 24, 2017
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 12, 2015
Sold by
Bought by

Purchase Details

Closed on
Jan 5, 2012
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$321,965
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 30, 2011
Sold by
Bought by

Purchase Details

Closed on
Mar 7, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,300
Interest Rate
5.83%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 11, 2000
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,958
Interest Rate
7.87%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 18, 1998
Sold by
Bought by

Purchase Details

Closed on
Oct 5, 1997
Sold by
Bought by

Purchase Details

Closed on
Jan 27, 1997
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Altadena, CA

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
$500,000 Lawyers Title
$1,250,000 Chicago Title Company
-- Ticor Title
-- None Available
$460,000 Fidelity Van Nuys
-- Advantage Title Inc
$350,000 Advantage Title Inc
-- Chicago Title Co
-- United Title Company
-- --
$147,000 First American Title Co
$261,942 United Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $260,000
Previous Owner $321,965
Previous Owner $525,000
Previous Owner $58,000
Previous Owner $205,500
Previous Owner $50,000
Previous Owner $110,000
Previous Owner $275,000
Previous Owner $50,300
Previous Owner $30,000
Previous Owner $188,958
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/25/2025 09/25/25 Sold $500,000 -3.8% $197 / Sq Ft
08/14/2025 08/14/25 Pending -- -- --
08/06/2025 08/06/25 For Sale $520,000 -58.4% $204 / Sq Ft
10/17/2018 10/17/18 Sold $1,250,000 +4.3% $492 / Sq Ft View Prior Sale
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 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $7,410 $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
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS25177166

California Regional Multiple Listing Service (CRMLS)

APN: 5845-032-001

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