Property Description
Extremely rare opportunity to build multifamily apartments in a much sought after neighborhood. Located right next to Lake Avenue on E. Mendocino St., this was previously a 5-unit apartment building (917-923 E. Mendocino) zoned C-3 so there is also potential for mixed-use high density residential and a commercial component. LA County has been permitting rebuilds grandfathering in prior total unit count so there is a 5-unit potential and maybe even higher density. Code may permit up to 8 units but buyer must independently verify with the County in regard to zoning and permitting. Property has already completed Phase 2 debris cleanup so the lot is ready to go. With a Walk Score of 87, this site has everything going for it - multifamily potential, desirable location, and excellent walkability for future residents.
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“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 Savings
$26,730
TurboHome Estimated Value
$1,366,000
$467 sqft
High Valuation
$1,434,300
$490/sqft
Normal Valuation
$1,366,000
$467/sqft
Low Valuation
$1,297,700
$444/sqft
3rd Party Estimates
Source | $/sqft | Valuation |
---|---|---|
HouseCanary | $467/sqft | $1,366,000 |
Get a detailed valuation report, schedule a tour or make an offer!
“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.”
Neighborhood: Not Applicable
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Comparative Value
$860K
$950K
$1.20M
2651 Tanoble Dr, Altadena, CA 91001
Sale Price: $860,000
Selected Comparable
917 E Mendocino St, Altadena, CA 91001
List Price: $950,000
Subject Property
577 E Woodbury Rd, Altadena, CA 91001
Sale Price: $1,195,000
Selected Comparable
Neighborhood Comps
Subject Property
SUBJECT917 E Mendocino St, Altadena, CA 91001
List: $950,000
Listed: 6/11/2025
Area:2,925 sqft
Price/sqft:$325
Beds:5
Baths:—
Year Built:—
Lot Size:6,857
Comparable Properties
COMPARABLEChoose comps
2651 Tanoble Dr, Altadena, CA 91001
Sale: $860,000
7/29/2025 • 0.96 mi
Area:2,277 sqft
Price/sqft:$378
Beds:4
Baths:—
Year Built:—
Weight:53.0%
577 E Woodbury Rd, Altadena, CA 91001
Sale: $1,195,000
11/25/2024 • 0.59 mi
Area:2,268 sqft
Price/sqft:$527
Beds:4
Baths:—
Year Built:—
Weight:47.0%
Subject Property
SUBJECTImage | Address | List Price | sqft | Price/sqft | Lot Size | Distance | List Date | Beds | Baths | Year Built | Weight |
---|---|---|---|---|---|---|---|---|---|---|---|
917 E Mendocino St, Altadena, CA 91001 | $950,000 | 2,925 | $325 | 6,857 | — | 6/11/2025 | 5 | — | — | — |
Comparable Properties
COMPARABLEChoose comps
Image | Address | Sale Price | sqft | Price/sqft | Lot Size | Distance | Sale Date | Beds | Baths | Year Built | Weight |
---|---|---|---|---|---|---|---|---|---|---|---|
2651 Tanoble Dr, Altadena, CA 91001 | $860,000 | 2,277 | $378 | 19,815 | 0.96 mi | 7/29/2025 | 4 | — | — | 53.0% | |
577 E Woodbury Rd, Altadena, CA 91001 | $1,195,000 | 2,268 | $527 | 7,166 | 0.59 mi | 11/25/2024 | 4 | — | — | 47.0% |
Nearby Listings
3 similar properties within 5 miles

List Price: $795,000
591 Alameda St, Altadena, CA 91001
4 bd 1,632 sqft
TurboHome Est. Value:
$739,600

List Price: $980,000
2880 Holliston Ave, Altadena, CA 91001
5 bd 2,812 sqft
TurboHome Est. Value:
$1,408,000

List Price: $960,000
3873 Lilac Canyon Ln, Altadena, CA 91001
4 bd 4,315 sqft
TurboHome Est. Value:
$2,087,700
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