$600,000
SOLD MAY 20, 2025

2775 Lake Ave Altadena, CA 91001

0.2 Acre
$3,009,027 Price per Acre
8,686 Sq Ft Lot

Recently Sold

$341 Per Sq Ft

2% Above List Price

3 Days on Market

Highlights

  • Mountain View
  • No HOA
  • 5-minute walk to Altadena Triangle Park
  • John Muir High School Rated A-

About This Lot

As of May 2025

Nestled in the scenic foothills of Altadena, this expansive 8,686 square foot lot is situated on the southwest corner of Lake and Poppyfields. Recently impacted by the Eaton Canyon Fire, the lot has been cleared by the U.S. Army Corps of Engineers and the Phase 2 has been completed. The garage is still standing. The property is being sold as land only and offers a seamless and welcomed opportunity for rebuilding. Once the site of a charming 1,760 square foot home with 3 bedrooms and 2 bathrooms, the lot is ready for new beginnings. This property is surrounded by a resilient and close-knit community, along with the natural beauty of the mountains and many mature trees, which makes this an ideal location for a fresh start.

Last Agent to Sell the Property

Margaret Garemore

Seven Gables Real Estate Brokerage Phone: 626-483-4611 License #01224802 Listed on: 04/11/2025

Seven Gables Real Estate

Last Buyer's Agent

Margaret Garemore

Seven Gables Real Estate Brokerage Phone: 626-483-4611 License #01224802 Listed on: 04/11/2025

Seven Gables Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,752

Lot Details

  • 8,686 Sq Ft Lot
  • Density is up to 1 Unit/Acre
  • Value in Land
  • Property is zoned LCR175

Property Views

  • Mountain
  • Neighborhood

Additional Features

  • Suburban Location
  • Sewer Paid

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 57
  • Assessor Parcel Number 5841015027

Property Details

Property Type

Land

Est. Annual Taxes

$6,752

Lot Details

0

Listing Details

  • View: Yes
  • Zoning: LCR175
  • Property Type: Land
  • Parcel Number: 5841015027
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 69.08

Exterior Features

  • View: Mountain(s), Neighborhood

Utilities

  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Value In Land
  • Lot Size Sq Ft: 8686.00
  • Lot Size Acres: 0.1994

Multi Family

  • Lot Size Area: 8686.0000 Square Feet

Tax Info

  • Tax Census Tract: 4602.00
  • Tax Lot: 57
  • Tax Tract Number: 0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2025
Closed on
Apr 16, 2025
Sold by
Daza-Pedraza Family Trust and Pedraza Hector M
Bought by
Crosspoint Ca Llc
Seller's Agent
Margaret Garemore
Seven Gables Real Estate
Buyer's Agent
Margaret Garemore
Seven Gables Real Estate
List Price
$590,000
Sold Price
$600,000
Premium/Discount to List
$10,000
1.69%
Views
9
Current Estimated Value
$581,854

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$18,146
Avg. Annual Appreciation
-10.75%
Original Mortgage
$330,000
Outstanding Balance
$329,124
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$252,730

Purchase Details

Closed on
Apr 28, 2016
Sold by
Pedraza Hector and Daza Aixa
Bought by
Daza Pedraza Family Trust

Purchase Details

Closed on
Nov 7, 2004
Sold by
Pedraza Hector and Daza Aixa
Bought by
Pedraza Hector M and Daza Aixa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$405,000
Interest Rate
5.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 27, 2003
Sold by
Procedo Stephen and Procedo Cecile
Bought by
Pedroza Hector and Daza Aixa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,000
Interest Rate
4.38%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 19, 2003
Sold by
Procedo Stephen
Bought by
Procedo Stephen and Procedo Cecile
Source: Public Records

Range of Values:

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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 $600,000 Lawyers Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Alliance Title Company
Grant Deed $395,000 First American Title Co
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $330,000 New Conventional
Previous Owner $453,000 Unknown
Previous Owner $40,300 Credit Line Revolving
Previous Owner $405,000 New Conventional
Previous Owner $324,500 Unknown
Previous Owner $316,000 Purchase Money Mortgage
Previous Owner $41,000 Credit Line Revolving
Previous Owner $204,800 Unknown
Previous Owner $85,000 Stand Alone Second
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2025 05/20/25 Sold $600,000 +1.7% $341 / Sq Ft
04/14/2025 04/14/25 Pending -- -- --
04/11/2025 04/11/25 For Sale $590,000 -- $335 / 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 $6,752 $260,700 $260,700 --
2024 $6,752 $550,576 $393,213 $157,363
2023 $6,692 $539,781 $385,503 $154,278
2022 $6,465 $529,198 $377,945 $151,253
2021 $6,119 $518,823 $370,535 $148,288
2019 $5,894 $503,437 $359,546 $143,891
2018 $5,963 $493,567 $352,497 $141,070
2016 $5,774 $474,403 $338,810 $135,593
2015 $5,712 $467,278 $333,721 $133,557
2014 $5,600 $458,125 $327,184 $130,941
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR25080396

California Regional Multiple Listing Service (CRMLS)

APN: 5841-015-027