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Sold for $500,000
  • Listed by: REAL ESTATE EBROKER INC. • TRAI HO • Contact: 760-722-3222
    Bought with: REAL ESTATE EBROKER INC.
    $500,000

    2040 El Molino Ave, Altadena, CA 91001

    --beds
    --baths
    6,034Square Feet
    Unimproved Land
    Built in ----
    6,034 Square Feet Lot
    $619,800 Zestimate®
    $--/sqft
    $2,974 Estimated rent

    Home value

    $619,800

    $452,000 - $843,000

    $2,974/mo

    Zestimate® history
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    What's special

    Mountain viewsMulti-unit propertyCorner lot
    Located on the corner of El Molino Ave and E Sacramento St, just two blocks north of Woodbury Rd and a short stroll from the historic Christmas Tree Lane. This R-2 zoned corner lot presents a rare opportunity to restore a multi-unit property in a prime Altadena location. The lot previously featured three units: two ground-level units, an upstairs unit with mountain views, and a detached 3-car garage. Phase 2 debris removal completed. The lot is ready for a fresh start. Ideal for a homeowner looking to develop multiple units, live in one, and rent out the others. Land is being sold in its current as-is condition. Drive by only. Please do not enter the property for your safety.

    Zillow last checked:

    Listing updated:

    Listed by:

    TRAI HO DRE #02103367 818-649-4414,

    REAL ESTATE EBROKER INC.

    Bought with:

    TRAI HO, DRE #02103367

    REAL ESTATE EBROKER INC.

    Source: CRMLS,MLS#: WS25177166MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Property

    Features
    • Has view: Yes
    • View description: Mountain(s), Neighborhood
    Lot
    • Size: 6,034 Square Feet
    • Features: 6-10 Units/Acre
    Details
    • Parcel number: 5845032001
    • Zoning: LCR2YY
    • Special conditions: Standard

    Utilities & green energy

    • Water: Public

    Community & HOA

    Community
    • Features: Foothills
    Location
    • Region: Altadena

    Financial & listing details

    • Tax assessed value: $634,450
    • Annual tax amount: $7,410
    • Date on market: 8/6/2025
    • Cumulative days on market: 8 days
    • Listing terms: Cash,Cash to New Loan

    Price history

    DateEventPrice
    9/25/2025Sold$500,000-3.8%
    Source: CRMLS #WS25177166 Report a problem
    9/9/2025Pending sale$520,000
    Source: CRMLS #WS25177166 Report a problem
    8/14/2025Contingent$520,000
    Source: CRMLS #WS25177166 Report a problem
    8/6/2025Listed for sale$520,000-58.4%
    Source: CRMLS #WS25177166 Report a problem
    12/6/2018Listing removed$2,500
    Source: Berkshire Hathaway HomeServices Report a problem
    10/19/2018Listed for rent$2,500+19%
    Source: Berkshire Hathaway HomeServices Report a problem
    10/17/2018Sold$1,250,000+4.3%
    Source: Pasadena Foothills MLS #818003781 Report a problem
    8/11/2018Pending sale$1,198,000
    Source: Podley Properties #818003781 Report a problem
    7/31/2018Listed for sale$1,198,000+160.4%
    Source: Podley Properties #818003781 Report a problem
    7/29/2015Listing removed$2,100
    Source: Podley Properties Report a problem
    7/24/2015Listed for rent$2,100
    Source: Podley Properties Report a problem
    3/20/2012Sold$460,000+31.4%
    Source: Public Record Report a problem
    9/8/2011Sold$350,000-12.5%
    Source: Public Record Report a problem
    7/20/2011Price change$399,999-11.1%
    Source: Sheba, Realtors #Y1100110 Report a problem
    3/31/2011Listed for sale$450,000+12.8%
    Source: Sheba, Realtors #Y1100110 Report a problem
    2/17/2011Listing removed$399,000
    Source: Sheba, Realtors #Y1100110 Report a problem
    1/8/2011Listed for sale$399,000+171.4%
    Source: Sheba, Realtors #Y1100110 Report a problem
    12/4/1997Sold$147,000-43.9%
    Source: Public Record Report a problem
    2/3/1997Sold$261,942
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$7,410 -55%$634,450 -53.6%
    2024$16,453 +2.5%$1,367,053 +2%
    2023$16,056 +3.6%$1,340,249 +2%
    2022$15,503 +5.4%$1,313,971 +2%
    2021$14,709 +4.1%$1,288,208 +1%
    2020$14,128 $1,275,000 +2%
    2019$14,128 +110.2%$1,250,000 +136.9%
    2018$6,720 $527,658 +2%
    2017$6,720 +1%$517,313 +2%
    2016$6,652 +2.4%$507,170 +1.5%
    2015$6,499 +6.3%$499,553 +6%
    2014$6,111 $471,329 +34.7%
    2012-- $350,000 +91%
    2011-- $183,199 +0.8%
    2010-- $181,831 -0.2%
    2009-- $182,264 +2%
    2008-- $178,691 +2%
    2007-- $175,188 +2%
    2006-- $171,754
    2005-- $171,754 +4%
    2004-- $165,086 +1.9%
    2003-- $162,062 +2%
    2002-- $158,886 +4%
    2000-- $152,717
    Find assessor info on the county website

    Neighborhood: 91001

    Nearby schools

    GreatSchools rating