$550,000
SOLD JUN 4, 2025

925 Wapello St Altadena, CA 91001

0.18 Acre
$3,060,657 Price per Acre
7,826 Sq Ft Lot

Recently Sold

$305 Per Sq Ft

15% Below List Price

27 Days on Market

Highlights

  • No HOA
  • Rectangular Lot
  • 5-minute walk to Charles S. Farnsworth Park
  • Pasadena High School Rated A
  • Front Yard

About This Lot

As of June 2025

Don't miss this opportunity to build your dream home in Altadena! This 7,824 square foot vacant lot offers a rare opportunity to build a custom home in the scenic and desirable North Altadena neighborhood. Ideally located north of Altadena Drive and east of Lake Avenue, formerly the site of a residence lost in the Eaton Fires, this property is now a clean slate—both Phase 1 and Phase 2 of environmental clean-up have been completed. Utilities were previously connected to the property, providing a foundation for future development. Buyers are strongly encouraged to independently verify future development possibilities and any required remediation with the County of Los Angeles and other appropriate agencies. The property is being sold as-is, with all due diligence the responsibility of the buyer. No warranties are made as to what may be built. Don’t miss this unique opportunity to create something special in one of Altadena’s sought-after areas.

Last Agent to Sell the Property

Luther Tsinoglou

Compass Brokerage Phone: 626-695-8650 License #01135433 Listed on: 04/24/2025

Compass

Last Buyer's Agent

Talin Mardirosians

Keller Williams R. E. Services License #01350014

Keller Williams R. E. Services

Property Details

Property Type

  • Land

Lot Details

  • 7,826 Sq Ft Lot
  • Rectangular Lot
  • Lot Sloped Down
  • Front Yard
  • Value in Land
  • Property is zoned LCR175

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 3 / M
  • Tax Tract Number 6954
  • Assessor Parcel Number 5842005003
  • $759 per year additional tax assessments
  • Seller Considering Concessions

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • View: No
  • Zoning: LCR175
  • Property Type: Land
  • Parcel Number: 5842005003
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 70.28

Utilities

  • Water Source: Other

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Sloped Down, Front Yard, Lot 6500-9999, Rectangular Lot, Value In Land
  • Lot Size Sq Ft: 7826.00
  • Lot Size Acres: 0.1797

Multi Family

  • Lot Size Area: 7826.0000 Square Feet

Tax Info

  • Tax Block: M
  • Tax Census Tract: 4601.01
  • Tax Lot: 3
  • Tax Tract Number: 6954
  • TaxOtherAnnualAssessmentAmount: 759.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2025
Closed on
May 23, 2025
Sold by
William Robert Tell and William Sherrie Masaye
Bought by
Karakachian Alin and Karakachian Boghos
Seller's Agent
Luther Tsinoglou
Compass
Buyer's Agent
Talin Mardirosians
Keller Williams R. E. Services
List Price
$650,000
Sold Price
$550,000
Premium/Discount to List
-$100,000
-15.38%
Views
8
Current Estimated Value
$520,340

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$29,660
Avg. Annual Appreciation
-8.55%

Purchase Details

Closed on
Jul 24, 2014
Sold by
Tell William R
Bought by
The William Robert Tell & Sherrie Masaye

Purchase Details

Closed on
Apr 8, 2005
Sold by
Tell William R and Tell Sherrie Masaye
Bought by
Tell William R
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 Type Sale Price Title Company
Grant Deed $550,000 First American Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/04/2025 06/04/25 Sold $550,000 0.0% $305 / Sq Ft
05/17/2025 05/17/25 Price Changed $550,000 -6.0% $305 / Sq Ft
05/03/2025 05/03/25 Price Changed $585,000 -10.0% $325 / Sq Ft
04/24/2025 04/24/25 For Sale $650,000 -- $361 / 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 $6,017 $241,859 $241,859 --
2024 $6,017 $486,260 $364,796 $121,464
2023 $5,962 $476,727 $357,644 $119,083
2022 $5,761 $467,381 $350,632 $116,749
2021 $5,441 $458,217 $343,757 $114,460
2019 $5,242 $444,628 $333,562 $111,066
2018 $5,248 $435,911 $327,022 $108,889
2016 $5,075 $418,985 $314,324 $104,661
2015 $5,019 $412,692 $309,603 $103,089
2014 $4,922 $404,609 $303,539 $101,070
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR25090854

California Regional Multiple Listing Service (CRMLS)

APN: 5842-005-003