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678 E Pine St, Altadena, CA 91001

Sale Price: $900,000
Mar 11, 2025792 sqft1 beds1 baths
Listed by: Jodi Breneman
License #: 01320432
Phone #: 6267052183
Douglas Elliman of California Inc.
Source:
CRMLS Logo
MLS #: AR25053712

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.
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

$15,663

TurboHome Estimated Value

$947,100

$1,196 sqft

High Valuation
$994,455
$1256/sqft
Normal Valuation
$947,100
$1196/sqft
Low Valuation
$899,745
$1136/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$1196/sqft$947,100

Neighborhood

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Comparative Value

$580K

$690K

$850K

$900K

$1.01M

437 Wapello St, Altadena, CA 91001

Sale Price: $580,000

Selected Comparable

2915 Fair Oaks Ave, Altadena, CA 91001

Sale Price: $690,000

Selected Comparable

678 E Pine St, Altadena, CA 91001

List Price: $850,000

Subject Property

564 Wapello St, Altadena, CA 91001

Sale Price: $850,000

Selected Comparable

678 E Pine St, Altadena, CA 91001

Sale Price: $900,000

Selected Comparable

2529 Devonshire Ln, Altadena, CA 91001

Sale Price: $1,010,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
678 E Pine St, Altadena, CA 91001

678 E Pine St, Altadena, CA 91001

List: $850,000

Listed: 3/11/2025

Area:792 sqft
Price/sqft:$1,073
Beds:1
Baths:1
Year Built:
Lot Size:9,780

Comparable Properties

COMPARABLE
Choose comps
678 E Pine St, Altadena, CA 91001

678 E Pine St, Altadena, CA 91001

Sale: $900,000

4/9/20250.00 mi

Area:792 sqft
Price/sqft:$1,136
Beds:1
Baths:1
Year Built:
Weight:26.1%
564 Wapello St, Altadena, CA 91001

564 Wapello St, Altadena, CA 91001

Sale: $850,000

5/23/20250.49 mi

Area:728 sqft
Price/sqft:$1,168
Beds:2
Baths:1
Year Built:
Weight:19.5%
437 Wapello St, Altadena, CA 91001

437 Wapello St, Altadena, CA 91001

Sale: $580,000

4/18/20250.60 mi

Area:858 sqft
Price/sqft:$676
Beds:2
Baths:1
Year Built:
Weight:18.9%
2915 Fair Oaks Ave, Altadena, CA 91001

2915 Fair Oaks Ave, Altadena, CA 91001

Sale: $690,000

8/27/20240.83 mi

Area:815 sqft
Price/sqft:$847
Beds:2
Baths:1
Year Built:
Weight:17.9%
2529 Devonshire Ln, Altadena, CA 91001

2529 Devonshire Ln, Altadena, CA 91001

Sale: $1,010,000

10/21/20240.22 mi

Area:908 sqft
Price/sqft:$1,112
Beds:2
Baths:1
Year Built:
Weight:17.6%

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