$775,000
SOLD MAR 7, 2025

2598 Raymond Ave Altadena, CA 91001

0.35 Acre
$2,219,359 Price per Acre
15,211 Sq Ft Lot

Recently Sold

$397 Per Sq Ft

3% Above List Price

4 Days on Market

Highlights

  • View of Trees or Woods
  • No HOA
  • Foothills

About This Lot

As of March 2025

Developers......Build Your Dream Home or Investment Property in Altadena
Discover an exceptional opportunity to build your dream home or investment property on this expansive 15,213 square-foot lot. Formerly hosting a charming duplex built in 1926, the property at 2598 Raymond Ave and 2600 Raymond Ave stands as a blank canvas, ready for a new vision. The property has separate meters for all utilities for each address. As one of the properties lost in the Eaton Fire, this lot presents a rare chance to create something truly special. Key Features: • Zoned Multi-Family (RM-2): This property offers incredible flexibility, allowing for a custom single-family home, duplex, or multi-unit development, making it an excellent opportunity for homeowners and investors alike. • Generous Lot Size: Spanning approximately 0.35 acres, this substantial parcel provides ample space for a custom residence, multiple units, gardens, and outdoor amenities • Endless Potential: With the original structures no longer present, buyers have the freedom to design a personalized sanctuary or an income-generating property tailored to their vision. This is a unique chance to be part of Altadena’s rebuilding story and create something truly special! Whether you’re looking to build a dream home or a lucrative investment, the possibilities are limitless!

Last Agent to Sell the Property

Natalie Said

Coldwell Banker Realty Brokerage Phone: 626-215-5283 License #01742943 Listed on: 02/22/2025

Coldwell Banker Realty

Last Buyer's Agent

Natalie Said

Coldwell Banker Realty Brokerage Phone: 626-215-5283 License #01742943 Listed on: 02/22/2025

Coldwell Banker Realty

Property Details

Property Type

  • Land

Lot Details

  • 0.35 Acre Lot
  • Density is 2-5 Units/Acre
  • Property is zoned LCR175, Multi family (RM2)

Property Views

  • Woods
  • Mountain
  • Neighborhood

Location

  • Suburban Location

Utilities

  • Private Water Source
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Foothills
  • Mountainous Community

Listing and Financial Details

  • Legal Lot and Block 16 / 27
  • Assessor Parcel Number 5835032021

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • View: Yes
  • Zoning: LCR175
  • Zoning Description: Multi family (RM2)
  • Property Type: Land
  • Parcel Number: 5835032021
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 50.94

Exterior Features

  • View: Mountain(s), Neighborhood, Trees/Woods

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Sewer: Public Sewer
  • Water Source: Private

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Foothills, Mountainous, Sidewalks, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 15213.00
  • Lot Size Acres: 0.3492

Multi Family

  • Lot Size Area: 15213.0000 Square Feet

Tax Info

  • Tax Block: 27
  • Tax Census Tract: 4611.00
  • Tax Lot: 16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2025
Closed on
Feb 27, 2025
Sold by
Hunter Family Revocable Trust and Hunter Bradley L
Bought by
Louis And Bonnie Fisher 2023 Family Trust and Fisher
Seller's Agent
Natalie Said
Coldwell Banker Realty
Buyer's Agent
Natalie Said
Coldwell Banker Realty
List Price
$750,000
Sold Price
$775,000
Premium/Discount to List
$25,000
3.33%
Views
16
Current Estimated Value
$677,362

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$97,638
Avg. Annual Appreciation
-14.98%

Purchase Details

Closed on
May 7, 2024
Sold by
Hunter Bradley L and Hunter Anna M
Bought by
Hunter Family Revocable Trust and Hunter

Purchase Details

Closed on
May 20, 1999
Sold by
Trust Cookson Maria F Tr Maria F Cookson
Bought by
Hunter Bradley L and Hunter Anna M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,000
Interest Rate
7.2%

Purchase Details

Closed on
Mar 11, 1994
Sold by
Cookson Maria F
Bought by
Cookson Maria F
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $775,000 Equity Title - Los Angeles
Grant Deed -- None Listed On Document
Grant Deed $299,000 Chicago Title
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $237,000 No Value Available
Closed $47,400 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/07/2025 03/07/25 Sold $775,000 +3.3% $397 / Sq Ft
02/26/2025 02/26/25 Pending -- -- --
02/26/2025 02/26/25 For Sale $750,000 -3.2% $384 / Sq Ft
02/26/2025 02/26/25 Off Market $775,000 -- --
02/22/2025 02/22/25 For Sale $750,000 -- $384 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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 $6,262 $485,666 $307,388 $178,278
2024 $6,262 $476,144 $301,361 $174,783
2023 $6,034 $466,808 $295,452 $171,356
2022 $5,833 $457,656 $289,659 $167,997
2021 $5,489 $448,683 $283,980 $164,703
2020 $5,287 $444,084 $281,069 $163,015
2019 $5,292 $435,377 $275,558 $159,819
2018 $5,323 $426,841 $270,155 $156,686
2016 $5,146 $410,267 $259,665 $150,602
2015 $5,091 $404,105 $255,765 $148,340
2014 $5,004 $396,190 $250,755 $145,435
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR25036653

California Regional Multiple Listing Service (CRMLS)

APN: 5835-032-021