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2741 Lake Ave, Altadena, CA 91001

List Price: $540,000On Market FlagOn market
Apr 16, 20251,374 sqft2 beds1 baths
Listed by: Michael Bell
License #: 01164731
Phone #: (626) 796-4100
Sotheby's International Realty, Inc.
Source:
CRMLS Logo
MLS #: P1-21793

Property Description

This eastern-facing lot measures 6,526 sqft (up to 64 ft wide X up to 122 ft deep, approx per plat map) on prime Lake Avenue. The previous home had a full basement, making this a unique opportunity to build 2 levels much easier. After Phase 2, there is an approximate 35' x 50' space that is 6' to 10' deep....no need for excavation. Public records indicate the lost home was 1,374 sf with 2 beds and 1 bath plus a 2-car garage. Take advantage of fire rebuild rights and ADU fast tracking: build 10% bigger = a 1,511 sf home with an attached 1200 sf ADU and two 2-car garages = 2,711 sqft of space plus TWO 2-car garages! This prime lot has completed Phases 1 and 2. Tree in front is a Brazilian Pepper. The home was destroyed in the recent Eaton Fire in January 2025, and sold for land value only, as-is and where-is.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$11,616

TurboHome Estimated Value

$657,200

$478 sqft

High Valuation
$690,060
$502/sqft
Normal Valuation
$657,200
$478/sqft
Low Valuation
$624,340
$454/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$478/sqft$657,200

Neighborhood: Not Applicable

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Comparative Value

$450K

$499K

$540K

$620K

$895K

648 E Mariposa St, Altadena, CA 91001

Sale Price: $450,000

Selected Comparable

2449 El Molino Ave, Altadena, CA 91001

Sale Price: $499,000

Selected Comparable

579 Wapello St, Altadena, CA 91001

Sale Price: $515,000

Selected Comparable

2741 Lake Ave, Altadena, CA 91001

List Price: $540,000

Subject Property

608 Concha St, Altadena, CA 91001

Sale Price: $620,000

Selected Comparable

2650 Catherine Rd, Altadena, CA 91001

Sale Price: $895,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
2741 Lake Ave, Altadena, CA 91001

2741 Lake Ave, Altadena, CA 91001

List: $540,000

Listed: 4/16/2025

Area:1,374 sqft
Price/sqft:$393
Beds:2
Baths:1
Year Built:
Lot Size:6,524

Comparable Properties

COMPARABLE
Choose comps
2449 El Molino Ave, Altadena, CA 91001

2449 El Molino Ave, Altadena, CA 91001

Sale: $499,000

7/2/20250.40 mi

Area:1,140 sqft
Price/sqft:$438
Beds:2
Baths:1
Year Built:
Weight:21.1%
608 Concha St, Altadena, CA 91001

608 Concha St, Altadena, CA 91001

Sale: $620,000

6/10/20250.43 mi

Area:1,119 sqft
Price/sqft:$554
Beds:2
Baths:1
Year Built:
Weight:20.6%
579 Wapello St, Altadena, CA 91001

579 Wapello St, Altadena, CA 91001

Sale: $515,000

7/30/20250.41 mi

Area:1,216 sqft
Price/sqft:$424
Beds:2
Baths:
Year Built:
Weight:19.9%
2650 Catherine Rd, Altadena, CA 91001

2650 Catherine Rd, Altadena, CA 91001

Sale: $895,000

12/10/20240.24 mi

Area:1,404 sqft
Price/sqft:$637
Beds:2
Baths:2
Year Built:
Weight:19.3%
648 E Mariposa St, Altadena, CA 91001

648 E Mariposa St, Altadena, CA 91001

Sale: $450,000

7/24/20250.38 mi

Area:1,594 sqft
Price/sqft:$282
Beds:2
Baths:
Year Built:
Weight:19.2%

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