NOT LISTED FOR SALE

2790 Olive Ave Altadena, CA 91001

Estimated Value: $418,000 - $760,964

2 Beds
1 Bath
728 Sq Ft
$760/Sq Ft Est. Value

Last Sold November 20, 2024

Last sale price $650,000 $893 Per Sq Ft

Est. 15% decrease in value since last sale

Current estimated payment $3,214/month

10 Days on Market

Highlights

  • Mountain View
  • Cooling System Mounted To A Wall/Window
  • Foothills
  • No HOA
  • Laundry Room
  • 1-Story Property

About This Home

As of November 2024

Welcome to 2790 Olive, a rare opportunity to acquire a single family residence at a price point almost unheard of for this zip code. This charming fixer offers the chance to build equity for first time home buyers or investors alike. Located in the desirable community of Altadena, this charming property features 2 bedrooms and 1 bathroom, offering a blank canvas for those looking to create their dream space.
As you approach the home a large covered deck acts as an extension of the interior, shaded by a huge tree. Inside, you'll find a cozy living area that invites you to envision the potential this space holds. The kitchen, offers a functional layout with ample room for improvement and both bedrooms provide comfortable space and natural light. The backyard is a hidden gem, offering a peaceful retreat with plenty of potential for landscaping and outdoor entertaining. Situated on a private drive in a quiet neighborhood, this property is also within blocks of local hot spots like Pizza of Venice, The Good Neighbor Bar, Little Red Hen, and Public Displays of Altadena. Whether you're looking for access to local parks, hiking trails, vibrant community amenities, or the chance to build equity, with a little creativity this house is the one you've been looking for. Don’t miss this opportunity to invest in your future—schedule a viewing today!

Last Agent to Sell the Property

Stephen Aranda

Altadena Real Estate Company Brokerage Phone: 323-868-6242 License #01435884 Listed on: 10/12/2024

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1927

Lot Details

  • 5,579 Sq Ft Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned LCR175*

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 728 Sq Ft Home
  • 1-Story Property
  • Decorative Fireplace
  • Mountain Views

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry in Kitchen

Utilities

  • Cooling System Mounted To A Wall/Window
  • Private Water Source
  • Septic Type Unknown

Community Details

  • No Home Owners Association
  • Foothills

Listing and Financial Details

  • Tax Lot 11
  • Tax Tract Number 7608
  • Assessor Parcel Number 5829038028
  • $561 per year additional tax assessments

Home Details

Home Type

Single Family

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • View: Yes
  • Zoning: LCR175*
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5829038028
  • Year Built: 1927
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 728.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Level: 1
  • Fireplace Features: Decorative
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 892.86
  • Room Type: All Bedrooms Down

Exterior Features

  • View: Mountain(s)
  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: In Kitchen
  • Sewer: Septic Type Unknown
  • Water Source: Private
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5579.00
  • Lot Size Acres: 0.1281

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5579.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 4603.02
  • Tax Lot: 11
  • Tax Tract Number: 7608
  • TaxOtherAnnualAssessmentAmount: 561.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2024
Closed on
Nov 12, 2024
Sold by
Hunter Juliza
Bought by
Francis Raymond
Seller's Agent
Stephen Aranda
Altadena Real Estate Company
List Price
$599,000
Sold Price
$650,000
Premium/Discount to List
$51,000
8.51%
Views
118
Current Estimated Value
$552,988

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$97,012
Avg. Annual Appreciation
-13.55%
Original Mortgage
$520,000
Outstanding Balance
$514,502
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$38,486

Purchase Details

Closed on
Jul 12, 2011
Sold by
Elre Holdings Llc
Bought by
Hunter Brian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,941
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 10, 2011
Sold by
Bohnenkamp Pazzi Ann
Bought by
Elre Holdings Llc
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 Buyer Sale Price Title Company
Francis Raymond $650,000 Chicago Title Company
Francis Raymond $650,000 Chicago Title Company
Hunter Brian $239,000 Ticor Title Company
Elre Holdings Llc $175,000 Ticor Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Francis Raymond $520,000
Closed Francis Raymond $520,000
Previous Owner Hunter Brian $232,941
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/20/2024 11/20/24 Sold $650,000 0.0% $893 / Sq Ft
10/25/2024 10/25/24 Off Market $650,000 -- --
10/23/2024 10/23/24 Pending -- -- --
10/12/2024 10/12/24 For Sale $599,000 -- $823 / 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 $3,794 $338,000 $338,000 --
2024 $3,794 $294,301 $235,444 $58,857
2023 $3,757 $288,531 $230,828 $57,703
2022 $3,631 $282,874 $226,302 $56,572
2021 $3,454 $277,328 $221,865 $55,463
2020 $3,327 $274,486 $219,591 $54,895
2019 $3,330 $269,105 $215,286 $53,819
2018 $3,346 $263,829 $211,065 $52,764
2016 $3,242 $253,586 $202,870 $50,716
2015 $3,207 $249,778 $199,823 $49,955
2014 $3,150 $244,886 $195,909 $48,977
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PF24211292

California Regional Multiple Listing Service (CRMLS)

APN: 5829-038-028