386 E Altadena Drive
Altadena, CA 91001
$1,399,000 | 7 Beds | 5 Full Baths | 1 Half Bath
Built in 1928, this beautiful property truly embodies the vibrancy of Altadena and Pasadena. Featuring 1 duplex and 4 stand alone units on a generous 17,000 sqft lot. This is a rare opportunity for investors as it has the capability of a gross income of $97,000 and has not been on the market since the mid 80's. The property has 2 driveway access points that loop towards a carport that accommodates 4 cars and 2 additional non-covered parking spaces. The 4 individual units sit under the shade of Avocado, Eucalyptus, and Palm trees creating a tranquil environment for tenants to have a their own space in a communal setting. All units have separate gas and electric meters.
4,107 sq ft
Neighborhood Info - Altadena
Sharing historic grandeur with Pasadena, Altadena is known for history, tradition, and the charm of an old-fashioned community with the bonus of incredible Los Angeles views.
Real Estate: Altadena real estate has a rich architectural history with many beautiful older homes. You can also find bungalows and mid-century modern homes for sale here.
Community Life: Farnsworth Park offers beautiful views of the Los Angeles skyline. The two-story stone community building was completed in 1934 and has been used as a banquet hall. There is also an outdoor amphitheater for concerts and plays. The Farmers’ Market is held on Wednesdays afternoons.
Education: Altadena is served by the Pasadena Unified School District. Local elementary schools include Altadena Elementary School and Odyssey Charter School. Local private schools include Fair Oaks Academy, Saint Marks, and the Pasadena Waldorf School.
Transportation: Altadena is reached by the 210 freeway. It is served by several Metro local bus lines.
Local Attractions: Altadena is famous for its holiday displays. Christmas Tree Lane has been a holiday attraction since 1920 and is on the National Register of Historic Places. The Balian Mansion puts on a very notable display. The Mount Lowe Railway site, once the spot for a scenic tourist line is now a popular hiking trail. The ruins of the Cobb Estate lead to a hiking trail to the White City, the ruins of the resort once at the top of the Mount Lowe Railway.