Seller's Agent in 2025
Kevin Lee
Coldwell Banker Envision
(626) 975-2521
3 in this area
83 Total Sales
412 W Altadena Dr Altadena, CA 91001
0.63
Acre
$1,945,279
Price per Acre
27,543
Sq Ft Lot
Highlights
- 0.63 Acre Lot
- Mountain View
- No HOA
About This Lot
As of July 2025RARE OPPORTUNITY – BEST VALUE IN ALTADENA ESTATE DISTRICT. Don’t miss this exceptional opportunity to acquire a prime 27,545 sq. ft. flat lot (approximately 150' wide x 184' deep) located in the heart of the prestigious Altadena Estate neighborhood. This highly coveted parcel offers limitless potential — whether to rebuild the previous grand residence or design and build your own custom luxury estate. The property previously featured a 9,530 sq. ft. two-story home with a finished basement designed for a home theater, gym, and more, along with two separate driveway entrances for added convenience and design flexibility. The home was lost in the Eaton Fire, but significant remediation has already been completed: Hazardous Materials Removal and Phase I & II Debris Removal, making the site ready for redevelopment. There is also potential for lot subdivision into 2 or possibly 3 parcels, offering a unique opportunity for developers or investors (buyer to verify with Los Angeles County and all relevant agencies). This property is offered strictly AS-IS for land value only. Rarely does a parcel of this size, condition, and location become available in such a prestigious neighborhood. Bring your architect, your builder, and your vision — and create something truly extraordinary.
Property Details
Property Type
- Land
Lot Details
- 0.63 Acre Lot
- Property is zoned LCR175
Property Views
- Mountain Views
Listing and Financial Details
- Tax Lot 8
- Tax Tract Number 12249
- Assessor Parcel Number 5829019023
- $1,544 per year additional tax assessments
- Seller Considering Concessions
Community Details
Overview
- No Home Owners Association
Recreation
- Exterior Lighting
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 8, 2025
Closed on
Jul 21, 2025
Sold by
Xbz Llc
Bought by
Diamond Altadena Llc
Seller's Agent
Kevin Lee
Coldwell Banker Envision
Buyer's Agent
Kevin Lee
Coldwell Banker Envision
List Price
$1,300,000
Sold Price
$1,230,000
Premium/Discount to List
-$70,000
-5.38%
Views
9
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$72,000
Avg. Annual Appreciation
-13.38%
Original Mortgage
$615,000
Outstanding Balance
$613,950
Interest Rate
6.81%
Mortgage Type
Seller Take Back
Estimated Equity
$544,050
Purchase Details
Listed on
Jul 18, 2023
Closed on
Jul 31, 2023
Sold by
Hobdy Waymon and Hobdy Gwendolyn A
Bought by
Xbz Llc
Seller's Agent
Waymon Hobdy
Beverly & Company, Inc.
Buyer's Agent
Kevin Lee
Coldwell Banker Envision
List Price
$2,000,000
Sold Price
$2,150,000
Premium/Discount to List
$150,000
7.5%
Views
157
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-24.68%
Purchase Details
Closed on
Apr 30, 2004
Sold by
Parry David
Bought by
Hobdy Waymon
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$693,750
Interest Rate
4.31%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 26, 1996
Sold by
Allen Thomas
Bought by
Parry David
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,750
Interest Rate
2.95%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,230,000 | Ticor Title Company | |
| Grant Deed | $2,150,000 | Equity Title - Los Angeles | |
| Grant Deed | $925,000 | First American Title Company | |
| Grant Deed | $375,000 | Southland Title Company |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $615,000 | Seller Take Back | |
| Previous Owner | $693,750 | Purchase Money Mortgage | |
| Previous Owner | $243,750 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/31/2025 07/31/25 | Sold | $1,230,000 | -5.4% | $281 / Sq Ft | |
| 07/08/2025 07/08/25 | For Sale | $1,300,000 | -39.5% | $297 / Sq Ft | |
| 08/11/2023 08/11/23 | Sold | $2,150,000 | +7.5% | $226 / Sq Ft | View Prior Sale |
| 07/28/2023 07/28/23 | Pending | -- | -- | -- | |
| 07/18/2023 07/18/23 | For Sale | $2,000,000 | -- | $210 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $25,095 | $994,500 | $994,500 | -- |
| 2024 | $25,095 | $2,150,000 | $1,500,000 | $650,000 |
| 2023 | $19,451 | $1,616,548 | $764,608 | $851,940 |
| 2022 | $18,786 | $1,584,852 | $749,616 | $835,236 |
| 2021 | $29,928 | $2,707,203 | $734,918 | $1,972,285 |
| 2019 | $16,780 | $1,507,692 | $713,121 | $794,571 |
| 2018 | $17,036 | $1,478,131 | $699,139 | $778,992 |
| 2016 | $16,507 | $1,420,736 | $671,992 | $748,744 |
| 2015 | $16,331 | $1,399,397 | $661,899 | $737,498 |
| 2014 | $15,325 | $1,312,916 | $648,934 | $663,982 |
Source: Public Records
Agents Affiliated with this Home
-
Kevin Lee
-
Waymon Hobdy
Seller's Agent in 2023
Waymon Hobdy
Beverly & Company, Inc.
(626) 644-4802
1 in this area
20 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: TR25152363
APN: 5829-019-023
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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