Altadena, CA 91001,451 E Sacramento ST
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Altadena, CA 91001,451 E Sacramento ST
Altadena, CA 91001,451 E Sacramento ST
Altadena, CA 91001,451 E Sacramento ST
Altadena, CA 91001,451 E Sacramento ST
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MaryLou Adame-Martinez

MaryLou Adame-Martinez

+1(949) 690-7149
$ 5,000,000
Est. payment /mo
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Active

451 E Sacramento ST Altadena, CA 91001

8 Beds

8 Baths

4,896 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 4,896 sqft

Price per Sqft $1,021

MLS Listing ID 25556197

Bedrooms 8

HOA Y/N No

Year Built 1924

Lot Size 0.741 Acres

Property Description

This unique community features eight (8) charming 1-bedroom, 1-bath + den Spanish-style bungalows arranged around a serene courtyard on a spacious lot. Nestled on a quiet street just half a block from the iconic Christmas Tree Lane, the property is surrounded by mature trees and expansive grassy areas, creating a peaceful and inviting atmosphere. Over $540,000 has been invested in capital improvements, including upgrades to plumbing, roofing, and electrical systems all already completed. New ownership can subdivide the lot into three (3) separate parcels, allowing the opportunity to build eight (8) new ADUs across the site. These additions have the potential to generate approximately $386,400 in annual rental income. Upon ADU completion, the property can be stabilized at a 12.53% cap rate with a 6.71 GRM. Resident utility billing (RUBS) has been implemented to reduce operational costs, and the property is eligible for Mills Act designation, offering substantial potential property tax savings. Assumable financing available at 5.25%, with five years of interest-only payments remaining.

Location

State CA

County Los Angeles

Area 604 - Altadena

Zoning LCR110

Interior

Heating Combination

Cooling Dual

Fireplace No

Appliance Refrigerator, Dryer, Washer

Exterior

Parking Features Garage

Total Parking Spaces 13

Building

Entry Level One

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 5839016016

Special Listing Condition Standard

CRMLS – RECore
Listed by Douglas Steinriede Dover Management Corp.
SCHOOLSPROPERTIES
Elementary Schools 20
  • 8

    Odyssey Charter

    Public | KG - 8

  • 7

    Pasadena Rosebud Academy

    Public | KG - 6

  • 7

    Aveson School of Leaders

    Public | KG - 5

  • 7

    Hamilton Elementary School

    Public | PK - 5

  • 6

    Daniel Webster Elementary School

    Public | PK - 5

  • 5

    Washington Elementary School

    Public | PK - 5

  • 5

    Longfellow Elementary School

    Public | PK - 5

  • 5

    Norma Coombs Elementary School

    Public | KG - 5

  • 4

    Franklin Elementary School

    Public | PK - 5

  • 4

    Roosevelt Elementary School

    Public | PK - 5

  • 3

    Jackson STEM Magnet

    Public | PK - 5

  • 3

    Cleveland Elementary School

    Public | PK - 5

  • 3

    McKinley School

    Public | KG - 8

  • 3

    Jefferson Elementary School

    Public | PK - 5

  • 2

    Madison Elementary School

    Public | PK - 5

  • 1

    Altadena Arts Magnet

    Public | PK - 5

  • 0

    St Bede the Venerable Elementary School

    Private | KG - 8

  • 0

    Crestview Preparatory School

    Private | KG - 6

  • 0

    Five Acres School

    Private | 1 - 10

  • 0

    Chandler School

    Private | KG - 8

Middle Schools 10
  • 8

    Marshall Fundamental

    Public | 6 - 12

  • 6

    Pasadena Rosebud Academy Middle School

    Public | 7 - 8

  • 5

    Aveson Global Leadership Academy

    Public | 6 - 12

  • 2

    Charles W. Eliot Arts Magnet Academy

    Public | 6 - 8

  • 1

    Washington STEAM Multilingual Academy

    Public | 6 - 8

  • 0

    Fusion Academy Pasadena

    Private | 7 - 12

  • 0

    Flintridge Preparatory School

    Private | 7 - 12

  • 0

    The Hillside School & Learning Center

    Private | 7 - 12

  • 0

    Excelsior School

    Private | 8 - 12

  • 0

    The Peace & Justice Academy

    Private | 6 - 12

High Schools 8
  • 10

    La Canada High School

    Public | 9 - 12

  • 3

    John Muir High School

    Public | 9 - 12

  • 0

    Flintridge Sacred Heart Academy

    Private | 9 - 12

  • 0

    St Francis High School

    Private | 9 - 12

  • 0

    Maranatha High School

    Private | 9 - 12

  • 0

    Rose City High (Continuation)

    Public | 9 - 12

  • 0

    Agbu Vatche and Tamar Manoukian High School

    Private | 9 - 12

  • 0

    Agbu Vatche & Tamar Manoukian High School

    Private | 9 - 12

School and business data provided by Attom Data.

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451 E Sacramento ST