Seller's Agent in 2025
Arbi Sarkissian
Real Brokerage Technologies, I
(818) 371-0236
1 in this area
68 Total Sales
2477 Morslay Rd Altadena, CA 91001
Estimated Value: $806,000 - $1,076,000
0.36
Acre
$2,587,297
Price per Acre
15,843
Sq Ft Lot
Highlights
- Mountain View
- No HOA
- Rectangular Lot
- Pasadena High School Rated A
- Foothills
About This Lot
As of April 2025A rare opportunity to rebuild in one of Altadena’s most prestigious neighborhoods. This prime 15,841 sq ft flat, rectangular lot (approximately 0.36 acres) sits on a peaceful, tree-lined street north of Mendocino, just moments from the Altadena Country Club. Previously home to a custom 5-bedroom, 4-bath, 3,484 sq ft residence lost in the Eaton Fire, the lot is now cleared and ready for a fresh start.
Phase I and II environmental clearances have been completed, and fire debris has been removed. All utilities were previously connected (buyer to verify current status), providing a solid foundation for future development.
With mountain views, a quiet setting, and proximity to country club, hiking trails, and estate properties, this lot offers exceptional potential for builders, investors, or end-users. Property is being sold as-is. Buyer to perform their own due diligence with Los Angeles County regarding zoning, permitting, and rebuilding requirements.
Last Agent to Sell the Property
Real Brokerage Technologies, I Brokerage Phone: 818-371-0236 License #01714624 Listed on: 03/26/2025
Co-Listed By
Real Brokerage Technologies Brokerage Phone: 818-371-0236 License #01992988
Last Buyer's Agent
Real Brokerage Technologies Brokerage Phone: 818-371-0236 License #01992988
Property Details
Property Type
- Land
Lot Details
- 0.36 Acre Lot
- Rectangular Lot
- Level Lot
- Density is up to 1 Unit/Acre
- Value in Land
- Property is zoned LCR120
Property Views
- Mountain Views
Community Details
- No Home Owners Association
- Foothills
Listing and Financial Details
- Assessor Parcel Number 5846012021
- $999 per year additional tax assessments
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 26, 2025
Closed on
Apr 1, 2025
Sold by
Vasquez Richard P and Ych Nai-Chang
Bought by
Sepetjian Elizabeth
Seller's Agent
Arbi Sarkissian
Real Brokerage Technologies, I
Buyer's Agent
Valene Sarkissian
Real Brokerage Technologies
List Price
$749,000
Sold Price
$1,050,000
Premium/Discount to List
$301,000
40.19%
Views
14
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$109,000
Avg. Annual Appreciation
-13.94%
Original Mortgage
$840,000
Outstanding Balance
$836,413
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$104,587
Purchase Details
Closed on
Jan 27, 1998
Sold by
Vasquez Richard P and Yeh Nai Chang
Bought by
Vasquez Richard P
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$393,900
Interest Rate
7.05%
Purchase Details
Closed on
Mar 13, 1996
Sold by
Dooley Jennifer Lynn
Bought by
Vasquez Richard P and Yeh Nai Chang
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$395,000
Interest Rate
8%
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Sepetjian Elizabeth | $1,050,000 | Lawyers Title Company | |
| Vasquez Richard P | -- | Fidelity Title | |
| Vasquez Richard P | $495,000 | Guardian Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Sepetjian Elizabeth | $840,000 | |
| Previous Owner | Vasquez Richard P | $393,900 | |
| Previous Owner | Vasquez Richard P | $395,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/07/2025 04/07/25 | Sold | $1,050,000 | +40.2% | $301 / Sq Ft |
| 03/28/2025 03/28/25 | Pending | -- | -- | -- |
| 03/26/2025 03/26/25 | For Sale | $749,000 | -- | $215 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 | $9,760 | $234,962 | $234,962 | -- |
| 2024 | $9,760 | $806,180 | $354,392 | $451,788 |
| 2023 | $9,677 | $790,374 | $347,444 | $442,930 |
| 2022 | $9,348 | $774,878 | $340,632 | $434,246 |
| 2021 | $8,796 | $759,685 | $333,953 | $425,732 |
| 2019 | $8,471 | $737,154 | $324,049 | $413,105 |
| 2018 | $8,547 | $722,701 | $317,696 | $405,005 |
| 2017 | $8,461 | $708,531 | $311,467 | $397,064 |
| 2016 | $8,260 | $694,639 | $305,360 | $389,279 |
| 2015 | $8,172 | $684,206 | $300,774 | $383,432 |
| 2014 | $8,008 | $670,805 | $294,883 | $375,922 |
Source: Public Records
Agents Affiliated with this Home
-
Arbi Sarkissian
-
Valene Sarkissian
Seller Co-Listing Agent in 2025
Valene Sarkissian
Real Brokerage Technologies
(323) 401-6354
1 in this area
54 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: GD25065424
APN: 5846-012-021
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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
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