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Off market
  • $1,320,600

    848 Marcheta St, Altadena, CA 91001

    6beds
    4,514sqft
    MultiFamily
    Built in 1952
    -- sqft lot
    $1,320,600 Zestimate®
    $293/sqft
    $3,130 Estimated rent

    Home value

    $1,320,600

    $1.11M - $1.56M

    $3,130/mo

    Zestimate® history
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    What's special

    Wonderful investment opportunity value add property in beautiful Altadena. Property is mixed use total of 5 units consisting of 2 separate buildings on 1 lot. Building #1 2468, 2470, 2472, & 2474 El Molino total of 3,264sqft is the residential 4 units. The residential unit mix is Two ( 2 beds 1 bath ) & Two ( 1 bed 1 bath ). All residential units have 1 carport parking space. All residential tenants are on month to month leases and are below market rate. Building #2 848 Marcheta St is the commercial office space that has 4 rooms, 1 bathroom & 1 parking space. 1,250sqft is the commercial office space and it is delivered vacant perfect for an owner operator or to lease out. Bonus income includes coin operated laundry & storage rental. Located one block from the main shopping area of Lake Avenue and Mariposa. Please do not disturb tenants, they are not aware of sale.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 4
    • Full bathrooms: 4
    Features
    • Flooring: Other
    Interior area
    • Total interior livable area: 4,514 sqft

    Property

    Lot
    • Size: 7,095 sqft
    Details
    • Parcel number: 5845018003

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1952

    Community & neighborhood

    Location
    • Region: Altadena

    Other

    Other facts
    • Agreement Type: Excl Rt Sell/Lease
    • Property Subtype 1: Residential Income
    • Service Level: Full Service
    • Showing Access: Appointment Only, Do Not Contact Ocpnt, Accepted Offer, Subject To Inspectn
    • State: CA
    • Transaction Type: Sale
    • Lot Size Source: (Public Records)
    • Square Footage Source: Public Records
    • Subdiv/Trac Code: Not Applicable-604
    • Street Suffix: Street
    • Flooring: Other
    • Possession: Tenants Rights
    • Special Conditions: Standard
    • Stories/Levels: Two, One
    • Tax ID: 5845018003

    Price history

    DateEventPrice
    10/12/2023Listing removed--
    Source: Zillow Rentals Report a problem
    10/10/2023Listed for rent$3,750-1.3%$1/sqft
    Source: Zillow Rentals Report a problem
    6/9/2023Listing removed--
    Source: Zillow Rentals Report a problem
    6/7/2023Listed for rent$3,800$1/sqft
    Source: Zillow Rentals Report a problem
    7/9/2021Sold$1,625,000-3%$360/sqft
    Source: Glendale AOR ZDD #320005044 Report a problem
    4/30/2021Pending sale$1,675,000$371/sqft
    Source: Glendale AOR ZDD #320005044 Report a problem
    2/20/2021Listed for sale$1,675,000+31.4%$371/sqft
    Source: House of Real Estate & Mortgage Inc. #320005044 Report a problem
    5/27/2016Sold$1,275,000+363.6%$282/sqft
    Source: Public Record Report a problem
    8/2/1995Sold$275,000$61/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$8,496 -56.6%$707,030 -56.9%
    2024$19,578 +0.8%$1,641,231 +2%
    2023$19,415 +3.5%$1,609,050 +2%
    2022$18,755 +16.8%$1,577,500 +13.1%
    2021$16,057 +3.1%$1,394,395 +1%
    2020$15,576 $1,380,098 +2%
    2019$15,576 -1.6%$1,353,038 +2%
    2018$15,833 $1,326,509 +2%
    2017$15,833 +1%$1,300,500 +237%
    2016$15,677 +191.1%$385,902 +1.5%
    2015$5,385 $380,107

    Find assessor info on the county website

    Neighborhood: 91001

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,320,600
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,320,600