$625,000
SOLD JUN 2, 2025

306 E Las Flores Dr Altadena, CA 91001

0.22 Acre
$2,819,125 Price per Acre
9,656 Sq Ft Lot

Recently Sold

$440 Per Sq Ft

4% Below List Price

16 Days on Market

About This Lot

As of June 2025

Spectacular mountain views from the north and sweeping city vistas from the south this 9,656 sq ft vacant lot in the foothills of Altadena offers a rare opportunity to rebuild in a peaceful residential enclave. The previous home, a 1,420 sq ft 2-bedroom, 2-bathroom residence with a garage, was lost in the 2025 fire, and the property is being sold AS-IS with the sellers already enrolled in Phase 2 of the official cleanup process. Thanks to the natural slope of the land, a future two-story build could capture incredible views of Pasadena City Hall and the surrounding skyline. Buyers are advised to conduct their own due diligence with the appropriate agencies regarding building requirements, utilities, and development potential.

Last Agent to Sell the Property

Holly Washington

Engel & Völkers License #02224990 Listed on: 04/11/2025

Engel & Völkers

Co-Listed By

Staci Siegel

Engel & Völkers License #01711008

Last Buyer's Agent

Jeffrey Salcido

COMPASS License #01873951

COMPASS

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,877

Lot Details

  • 9,656 Sq Ft Lot
  • Property is zoned LCR175

Property Views

  • City Lights
  • Mountain

Listing and Financial Details

  • Assessor Parcel Number 5833-021-016

Property Details

Property Type

Land

Est. Annual Taxes

$3,877

Lot Details

0

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Lot Acreage: 0.2217
  • Number Of Photos: 4
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Mountains, City Lights
  • View: Yes

Utilities

  • Cable: No
  • Telephone: No

Lot Info

  • Assessor Parcel Number: 5833-021-016
  • Lot Size Area: 9656

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2025
Closed on
May 8, 2025
Sold by
Genzon Sergio A and Genzon Jill M
Bought by
Np Altadena I Llc
Seller's Agent
Holly Washington
Engel & Völkers
Buyer's Agent
Jeffrey Salcido
COMPASS
List Price
$650,000
Sold Price
$625,000
Premium/Discount to List
-$25,000
-3.85%
Views
12

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
215.27%
Original Mortgage
$8,400,000
Outstanding Balance
$8,385,523
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
-$7,562,211

Purchase Details

Closed on
Jan 9, 1995
Sold by
Matlock Raymond
Bought by
Genzon Sergio A and Genzon Jill M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,000
Interest Rate
8.51%
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 $625,000 Chicago Title Company
Grant Deed $180,000 California Counties Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $8,400,000 New Conventional
Closed $8,400,000 New Conventional
Previous Owner $155,000 Credit Line Revolving
Previous Owner $165,000 Unknown
Previous Owner $171,500 Unknown
Previous Owner $171,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2025 06/02/25 Sold $625,000 -3.8% $440 / Sq Ft
04/27/2025 04/27/25 Pending -- -- --
04/11/2025 04/11/25 For Sale $650,000 -- $458 / Sq Ft
Source: The MLS

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 $3,877 $88,315 $88,315 --
2024 $3,877 $296,387 $133,205 $163,182
2023 $3,839 $290,577 $130,594 $159,983
2022 $3,712 $284,881 $128,034 $156,847
2021 $3,495 $279,296 $125,524 $153,772
2019 $3,371 $271,013 $121,801 $149,212
2018 $3,351 $265,700 $119,413 $146,287
2016 $3,235 $255,384 $114,777 $140,607
2015 $3,199 $251,548 $113,053 $138,495
2014 $3,145 $246,622 $110,839 $135,783
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 25523403

The MLS

APN: 5833-021-016