$226,000
SOLD JUL 29, 2025

2761 Olive Ave Altadena, CA 91001

0.06 Acre
$4,028,520 Price per Acre
2,443 Sq Ft Lot

Recently Sold

$302 Per Sq Ft

5% Below List Price

43 Days on Market

Highlights

  • No HOA
  • Wrought Iron Fence
  • Rectangular Lot
  • Neighborhood Views

About This Lot

As of July 2025

NEW PRICE! Once upon a time, not that long ago, this lot was the home of a 748 sq ft 2 bedroom, 1 bath Spanish style home with hardwood floors, an enchanting gazebo for outdoor entertaining and large grassy area for pets or play. Then, Mother Nature had other plans and it became a victim of the Eaton fire. Now, a new owner has the opportunity to create a home of their imagination...another Spanish, a storybook cottage, or charming home of their choice. Be sure to check with the City and guidelines as you may be able to add an additional 10% to the size of the house. Drive by only, property being sold for land value. Stage 1 and Stage 2 clearances have been completed. The lot is being sold as-is. Buyer is responsible for doing their own investigations and to satisfy themselves regarding any and all aspects of the property including lot size, property lines, zoning, utilities, trees, insurance, and anything else related to the property. Buyers should consult with LA County and other agencies for any other additional site clearances, hazardous material questions and environmental remediation. Prior to the fire, the property was connected to all utilities, Buyer is responsible to verify status, condition, restoration, and requirements for reconnecting to the utilities. Temporary property markers are just an estimate of property lines. The large tree belongs to the property on the north side, per the seller. All information is deemed reliable but not guaranteed. Together, let’s bring Altadena back!

Last Agent to Sell the Property

Shelley Wingate

Engel & Völkers Pasadena Brokerage Phone: 626-590-8700 License #01411512 Listed on: 06/06/2025

Engel & Völkers Pasadena

Co-Listed By

Alan Black

Engel & Völkers Pasadena Brokerage Phone: 626-590-8700 License #00947235

Last Buyer's Agent

Victor Mansour

Coldwell Banker Realty License #01519866

Coldwell Banker Realty

Property Details

Property Type

  • Land

Lot Details

  • 2,443 Sq Ft Lot
  • Wrought Iron Fence
  • Rectangular Lot
  • Level Lot
  • Value in Land
  • Property is zoned LCR175

Property Views

  • Neighborhood Views

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 19 / 4
  • Assessor Parcel Number 5829036025
  • Seller Considering Concessions

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Current Use Comments: Property is located in the Eaton Fire zone and home was lost.
  • Possible Use: Residential
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name Other: Eriksson - Wood Tract
  • View: Yes
  • Zoning: LCR175
  • Property Type: Land
  • Parcel Number: 5829036025
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 92.51

Exterior Features

  • View: Neighborhood
  • Fencing: Wrought Iron

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street, Rectangular Lot, Value In Land
  • Lot Size Sq Ft: 2443.00
  • Lot Size Acres: 0.0561

Multi Family

  • Lot Size Area: 2443.0000 Square Feet

Tax Info

  • Tax Block: 4
  • Tax Census Tract: 460302
  • Tax Lot: 19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2025
Closed on
Jul 25, 2025
Sold by
Zane J Alexander Family Trust and Alexander Zane J
Bought by
Gina Rossetti Living Trust and Rossetti
Seller's Agent
Shelley Wingate
Engel & Völkers Pasadena
Buyer's Agent
Victor Mansour
Coldwell Banker Realty
List Price
$238,000
Sold Price
$226,000
Premium/Discount to List
-$12,000
-5.04%
Views
69
Current Estimated Value
$215,001

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,999
Avg. Annual Appreciation
-10.28%

Purchase Details

Closed on
Mar 10, 2012
Sold by
Alexander Zane
Bought by
Alexander Zane J and Zane J Alexander Family Trust

Purchase Details

Closed on
Sep 11, 2009
Sold by
Contreras Hector F and Carranza Consuelo
Bought by
Alexander Zane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,160
Interest Rate
5.02%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 8, 1994
Sold by
Foster Charles J and Foster Shirley M E
Bought by
Rawlins Rogelio
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
Interfamily Deed Transfer -- None Available
Grant Deed $212,000 Chicago Title Company
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $208,160 FHA
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/29/2025 07/29/25 Sold $226,000 +6.6% $302 / Sq Ft
07/19/2025 07/19/25 Pending -- -- --
07/13/2025 07/13/25 Price Changed $212,000 -10.9% $283 / Sq Ft
07/03/2025 07/03/25 For Sale $238,000 0.0% $318 / Sq Ft
06/14/2025 06/14/25 Pending -- -- --
06/06/2025 06/06/25 For Sale $238,000 0.0% $318 / Sq Ft
03/11/2023 03/11/23 Rented $2,800 0.0% --
02/23/2023 02/23/23 Under Contract -- -- --
02/14/2023 02/14/23 Off Market $2,800 -- --
02/04/2023 02/04/23 For Rent $2,800 +47.4% --
08/31/2017 08/31/17 Rented $1,900 +2.7% --
08/29/2017 08/29/17 Under Contract -- -- --
07/19/2017 07/19/17 For Rent $1,850 +32.1% --
09/28/2012 09/28/12 Rented $1,400 -6.7% --
09/27/2012 09/27/12 Under Contract -- -- --
08/16/2012 08/16/12 For Rent $1,500 -- --
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 $3,480 $111,923 $111,923 --
2024 $3,480 $268,276 $168,813 $99,463
2023 $3,445 $263,016 $165,503 $97,513
2022 $3,329 $257,859 $162,258 $95,601
2021 $3,161 $252,804 $159,077 $93,727
2019 $3,048 $245,307 $154,359 $90,948
2018 $3,079 $240,498 $151,333 $89,165
2017 $3,047 $235,783 $148,366 $87,417
2016 $2,982 $231,160 $145,457 $85,703
2015 $2,950 $227,689 $143,273 $84,416
2014 $2,819 $223,230 $140,467 $82,763
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PF25125371

California Regional Multiple Listing Service (CRMLS)

APN: 5829-036-025