$740,000
SOLD MAY 30, 2025

541 Wapello St Altadena, CA 91001

0.25 Acre
$2,922,591 Price per Acre
11,029 Sq Ft Lot

Recently Sold

$325 Per Sq Ft

26% Below List Price

36 Days on Market

Highlights

  • Mountain View
  • No HOA
  • Hunting
  • Private Yard
  • Hiking Trails
  • 4-minute walk to Charles S. Farnsworth Park

About This Lot

As of May 2025

This sprawling corner lot (with duplex potential) presents a unique opportunity to build your dream home in one of Altadena’s most sought-after neighborhoods.

Set against the stunning backdrop of the San Gabriel Mountains, this lot offers breathtaking mountain views and unparalleled access to nature. Just steps away from Farnsworth Park, you’ll enjoy summer concerts, community events, and recreational facilities right in your neighborhood. Outdoor enthusiasts will love the proximity to scenic hiking trails, making it easy to explore the natural beauty of the area.

Additionally, this prime location is within walking distance of Mariposa Village, where you’ll find a variety of local shops, cafes, and dining options. Whether you're looking to build a custom residence or an investment property, this lot provides endless potential in a vibrant and well-established community.

DO NOT walk on property under any circumstances, drive by only at this time. The property has been cleared for the next Phase of debris removal (updated photos will be provided once the cleanup is complete). Buyers should independently verify all zoning, permitting, and rebuilding requirements with Los Angeles County. Property is being sold in as-is condition. Utilities previously connected, buyers to verify status with local providers. All information provided is from third parties, and the agent cannot and will not verify its accuracy. Buyers are responsible for conducting their own investigations to satisfy themselves regarding all aspects of the property, including future development, lot size, neighborhood designation, school zoning, and tax.

Last Agent to Sell the Property

Joe Royds

Redfin Corporation Brokerage Phone: 310-347-5883 License #01934538 Listed on: 04/02/2025

Redfin Corporation

Last Buyer's Agent

Patricia Sarkisyan

JohnHart Real Estate License #01966170

JohnHart Real Estate

Property Details

Property Type

  • Land

Lot Details

  • 0.25 Acre Lot
  • Glass Fence
  • Wood Fence
  • Landscaped
  • Level Lot
  • Flag Lot
  • Front and Back Yard Sprinklers
  • Private Yard
  • Lawn
  • Back Yard
  • Density is up to 1 Unit/Acre
  • Property is zoned LCR175

Property Views

  • Mountain
  • Hills

Farming

  • Agricultural

Utilities

  • No Utilities
  • 220 Volts

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 5841002029
  • $996 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • Foothills
  • Mountainous Community
  • Property is near a preserve or public land

Recreation

  • Hunting
  • Horse Trails
  • Hiking Trails
  • Bike Trail

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Road Frontage Type: Access Road
  • Road Surface Type: Paved
  • View: Yes
  • Zoning: LCR175
  • Property Type: Land
  • Parcel Number: 5841002029
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 67.09

Exterior Features

  • View: Hills, Mountain(s)
  • Fencing: Glass, Wood

Utilities

  • Utilities: None
  • Electric: 220 Volts
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Foothills, Hiking, Horse Trails, Hunting, Mountainous, Preserve/Public Land, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Agricultural - Tree/Orchard, Back Yard, Landscaped, Lawn, Level with Street, Lot 10000-19999 Sqft, Flag Lot, Sprinkler System, Sprinklers In Front, Sprinklers In Rear, Yard
  • Lot Size Sq Ft: 11030.00
  • Lot Size Acres: 0.2532

Multi Family

  • Lot Size Area: 11030.0000 Square Feet

Tax Info

  • Tax Census Tract: 4602.00
  • Tax Lot: 5
  • TaxOtherAnnualAssessmentAmount: 996.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2025
Closed on
May 16, 2025
Sold by
Napolitano Frank Paul and Napolit Evelyn
Bought by
Vertex Synergy Llc
Seller's Agent
Joe Royds
Redfin Corporation
Buyer's Agent
Patricia Sarkisyan
JohnHart Real Estate
List Price
$998,000
Sold Price
$740,000
Premium/Discount to List
-$258,000
-25.85%
Views
14
Current Estimated Value
$689,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$50,500
Avg. Annual Appreciation
-12.71%

Purchase Details

Closed on
Sep 13, 2024
Sold by
Napolitano Frank Paul and Napolitano Evelyn
Bought by
Frank Paul Napolitano And Evelyn Napolitano L and Napolitano

Purchase Details

Closed on
Apr 15, 2020
Sold by
Napolitano Frank Paul
Bought by
Napolitano Frank Paul and Napolitano Evelyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,120,000
Interest Rate
3.3%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Sep 21, 2019
Sold by
Napolitano Evelyn
Bought by
Napolitano Frank Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$504,525
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 20, 2017
Sold by
Napolitano Frank Paul and Napolitano Evelyn
Bought by
Napolitano Frank Paul and Napolitano Lawrence A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$517,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 1, 2011
Sold by
Napolitano Frank and Napolitano Diana
Bought by
Napolitano Frank

Purchase Details

Closed on
Aug 1, 1997
Sold by
Barba Micaela H
Bought by
Napolitano Frank and Napolitano Diana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,510
Interest Rate
7.49%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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 $740,000 Title Forward Of California
Quit Claim Deed -- None Listed On Document
Interfamily Deed Transfer -- Fnc Title Of California
Interfamily Deed Transfer -- Fidelity Natl Ttl Agcy Of Nv
Interfamily Deed Transfer -- Fidelity National Title
Interfamily Deed Transfer -- First American Title Ins Co
Grant Deed -- None Available
Grant Deed $163,000 Commonwealth Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $5,120,000 Reverse Mortgage Home Equity Conversion Mortgage
Previous Owner $504,525 New Conventional
Previous Owner $517,000 New Conventional
Previous Owner $159,510 FHA
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/30/2025 05/30/25 Sold $740,000 -25.9% $325 / Sq Ft
05/08/2025 05/08/25 Pending -- -- --
04/02/2025 04/02/25 For Sale $998,000 -- $438 / 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 $2,551 $10,495 $10,495 --
2024 $2,551 $125,140 $15,829 $109,311
2023 $2,355 $122,687 $15,519 $107,168
2022 $2,288 $120,282 $15,215 $105,067
2021 $2,091 $117,924 $14,917 $103,007
2020 $2,033 $116,716 $14,765 $101,951
2019 $2,029 $114,428 $14,476 $99,952
2018 $1,923 $112,186 $14,193 $97,993
2016 $1,838 $107,832 $13,643 $94,189
2015 $1,819 $106,214 $13,439 $92,775
2014 $1,807 $104,134 $13,176 $90,958
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB25069989

California Regional Multiple Listing Service (CRMLS)

APN: 5841-002-029