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Key Details
Sold Price $900,000
Property Type Vacant Land
Sub Type Lots/Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID AR25053712
Sold Date 04/09/25
Property Sub-Type Lots/Land
Type of Financing Cash
Property Type Lots/Land
Property Description
RARE DEVELOPMENT OPPORTUNITY. SIDE BY SIDE R-3 zoned lots for sale Located north of Altadena Drive, this neighborhood is highly desirable and has the ability to build multi-family units. This lot is currently zoned R-3 and located in a small north Altadena pocket that currently offers multi-family housing. This lot housed a single-family residence prior to being completely burned down in the January 2025 Eaton Fire. This lot is being sold AS IS. The current owner opted into both phase 1 and phase 2 (debris removal) with the Army Corp. of Engineers. Phase 1 has been completed but phase 2 has not yet been done. 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, permitted uses development potential, rebuilding requirements, and taxes. The seller and listing broker make no warranties or guarantees regarding future land use or approvals. This is a burn site and due to liability reasons, we ask that you DO NOT WALK ON THE PROPERTY. PLEASE NOTE: The lot next door, 686 E. Pine St. (APN# 5841-031-020 and MLS# AR25053777 ), is also available for sale and is also zoned R-3. This could offer a potential multi-family development opportunity with side-by-side R-3 lots. The lot next door is also for sale and owners of both properties would prefer to sell the lots together.
Location
State CA
County Los Angeles
Direction North of Altadena Dr. Between Santa Rosa and Lake Ave.
Interior
Fireplace No
Exterior
Utilities Available Other/Remarks
View Y/N No
Others
Senior Community No
Tax ID 5841031019
Acceptable Financing Cash
Listing Terms Cash
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Bought with Jodi Breneman Douglas Elliman of California Inc.
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Glen Henderson
Broker Associate | CA BRE #01384181
Broker Associate CA BRE #01384181
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