755 E Pine St Altadena, CA 91001
Altadena AreaEstimated payment $33,864/month
Highlights
- 0.51 Acre Lot
- Detached Carport Space
- 2-minute walk to Altadena Triangle Park
About This Home
The LAAA Team of Marcus & Millichap is pleased to present 755 E Pine St, a 19-unit garden-style community in Altadena, now offered at $5,395,000, reduced from $5,595,000. Four vacant units provide immediate lease-up upside in a supply-constrained foothill submarket directly north of Pasadena, where advertised rents run about $2,000 for one-bedroom units and $2,200 to $2,600 for two-bedrooms. The new basis equates to $283,947 per unit with a 6.30% current cap rate and a 6.74% pro forma cap rate. Repriced to $5,395,000 from $5,595,000, a new basis of $283,947 per unit and $394.31 per square foot. Four vacant units, units 3, 9, 11, and 15, provide a day-one renovation and lease-up runway. Advertised area rents of about $2,000 for one-bedroom units and $2,200 to $2,600 for two-bedrooms support mark-to-market upon renovation. $340,060 of current NOI delivers a 6.30% going-in cap rate and 10.86 GRM, with a 6.74% pro forma cap rate per the OM.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1958
Lot Details
- 22,215 Sq Ft Lot
- Lot Dimensions are 50x105
Interior Spaces
- 13,682 Sq Ft Home
- 2-Story Property
- Laminate Flooring
- Oven or Range
Bedrooms and Bathrooms
- 26 Bedrooms
- 19 Bathrooms
Parking
- 19 Parking Spaces
- Detached Carport Space
Utilities
- Cooling System Mounted In Outer Wall Opening
- Heating System Mounted To A Wall or Window
Community Details
- 2 Buildings
- 19 Units
Listing and Financial Details
- Assessor Parcel Number 5841-030-021
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $49,846 | $3,669,766 | $2,367,592 | $1,302,174 |
| 2024 | $47,409 | $3,597,811 | $2,321,169 | $1,276,642 |
| 2023 | $45,908 | $3,527,266 | $2,275,656 | $1,251,610 |
| 2022 | $44,393 | $3,458,105 | $2,231,036 | $1,227,069 |
| 2021 | $41,587 | $3,390,300 | $2,187,291 | $1,203,009 |
| 2019 | $40,105 | $3,289,744 | $2,122,416 | $1,167,328 |
| 2018 | $40,723 | $3,225,240 | $2,080,800 | $1,144,440 |
| 2016 | $39,343 | $3,100,000 | $2,000,000 | $1,100,000 |
| 2015 | $15,992 | $1,013,256 | $405,300 | $607,956 |
| 2014 | $15,828 | $993,408 | $397,361 | $596,047 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/03/2026 08/03/26 | Price Changed | $5,395,000 | -3.6% | $394 / Sq Ft | |
| 03/11/2026 03/11/26 | For Sale | $5,595,000 | +80.5% | $409 / Sq Ft | |
| 10/15/2015 10/15/15 | Sold | $3,100,000 | -3.1% | $227 / Sq Ft | View Prior Sale |
| 06/11/2015 06/11/15 | Pending | -- | -- | -- | |
| 05/20/2015 05/20/15 | For Sale | $3,200,000 | -- | $234 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $3,100,000 | Fidelity Sherman Oaks | |
| Quit Claim Deed | -- | -- | |
| Individual Deed | -- | Fidelity Title | |
| Interfamily Deed Transfer | -- | -- | |
| Warranty Deed | $100,000 | Fidelity National Title Ins |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $350,000 | New Conventional | |
| Open | $3,000,000 | Construction | |
| Closed | $2,660,000 | Commercial | |
| Previous Owner | $2,300,000 | Commercial | |
| Previous Owner | $1,000,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $900,000 | Commercial |
Source: The MLS
MLS Number: 26666319
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
© 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
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