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Altadena Real Estate Third Quarter of 2012

Altadena Real Estate Report from July 2012 through September 2012

The months of July, August and September are busy real estate months in Altadena.  We shall see how Altadena scored in the third quarter of 2012.

In July, we had 59 homes for sale, and 48 new listings were introduced to the market.  August was 52 homes and 38 new listings.  September, the for sale went up to 62 homes and 48 new listings.

Total of 111 homes went into escrow.  Total of 102 homes were sold in the 3rd quarter.  There were less than two months of inventory.

The average active price ~ July/ $846,000, August/ $753,000, September/ $712,000.

The average original list price ~ July/ $527,000, August/ $513,450, September/ $676,600.

The average square feet price ~ July/ $334, August/ $309, September/ $286.

17 properties were sold at/or over list price in July and September.

28 properties were sold at/or over list price in August.

Market Trend Data:

Date July 2012 August 2012 September 2012
For sale 59 52 62
New listings 48 38 48
Pended 33 36 42
Sold 31 37 34
Month of inventory based on closed sale 1.9 1.4 1.8
Absorption rate based on closed sale (%) 52.5 71.2 54.8
Average Active price $846,000 $753,000 $712,000
Average Sold Price $521,000 $511,000 $625,000
Average Sq. Ft. Price $334 $309 $286
Sold to original list pricedifference (%) 99 100 92
Average Days on Market 55 64 86
Median Price $480,000 $425,000 $445,000
Highest Price $965,000 $1,450,000 3,975,000
Lowest Price $263,000 $225,555 $265,000

The least expensive home sold:

Month Address Bed/Bath SQ FT Lot Size Year
July 2508 La Venzia ($263,000) 2/1 1003 3228 1926
August 2206 Spaulding($225,555) 2/1 878 4927 1041
September 140 W Terrace($265,000) 3/1 1196 6558 1923

The highest priced home sold:

Month Address Bed/Bath SQ FT Lot Size Year
July 2150 Holliston($965,000) 4/4 3076 18,596 1911
August 3917 Lilac Canyon ($1,450,000) 6/6 5128 7524 2001
September 1369 E Altadena ($3,975,000) 7/8 12,828 68,953 1915

As I mentioned in the last Market Trend Report, there are many buyers looking to purchase a home.  The low inventory is making it very challenging for many first time home buyers, especially dealing with multiple offer situations and competing with all cash buyers.  I recommend working with your Realtor in writing a strategically prepared offer.  Lastly, make sure you have a homebuyer’s consultation.  The education you obtain from the usually free, no obligation, consult will allow you to make smart decisions and eliminate surprises during the escrow period.

Register for free to get all the listings from the Multiple Listing Service right here.

  • Thu, 17 Apr 2025 09:47:00 +0000: $1,280,000 :: 369 E Altadena Dr, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    0 beds, 0 bath
    Home size: 0 sq ft
    Lot Size: 14,532 sq ft
    Added: 04/16/25, Last Updated: 04/17/25
    Property Type: Single Family
    MLS Number: P1-21797
    Community: Altadena
    Status: Active


    Set just down the hill from Farnsworth Park, 369 E Altadena Drive offers an opportunity to rebuild in a treasured pocket of Altadena. The lot stretches across a tiered yard, with a detached two-car garage still standing and original hardscape features that include a pool, spa, built-in firepit, and BBQ. These lasting elements speak to resort-style living and a lifestyle centered around connection, comfort, and time spent outdoors enjoying all that Altadena has to offer.There is a calm rhythm to this part of Altadena. Mornings arrive softly and evenings wind down slow. The setting feels spacious and grounded, with a quiet that welcomes both reflection and community. Hiking trails, neighborhood parks, and the charm of Mariposa Village are all within reach, while the property itself offers space to design something intentional and lasting.Currently, Altadena Community Standards allow for a gross structural area of up to 4,633 square feet. This limit does not include an additional allocation for the garage or an ADU. Public records indicate the lost home was 2,857 square feet with 4 bedrooms, 3 bathrooms, plus the detached garage and an existing basement that offered valuable additional space. Phase 2 debris removal has been completed, and the property is being sold as land only. The previous home was destroyed in the Eaton Fire. Drive-by only, please do not access the property.

    Listed with Teresa Fuller CalDRE: 01315387 | (626) 483-0710, COMPASS


    Brought to you by Irina Netchaev, Pasadena Views Real Estate Team Inc. Call me today at 626-627-7107, or visit my website at www.pasadenaviews.com/free-home-search/!


  • Thu, 17 Apr 2025 06:19:00 +0000: $1,488,000 :: 634 W Mendocino Street, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    3 beds, 2 baths
    Home size: 1,576 sq ft
    Lot Size: 9,666 sq ft
    Added: 02/13/25, Last Updated: 04/17/25
    Property Type: Single Family
    MLS Number: WS25032361
    Community: Altadena
    Status: Active


    Welcome to this beautifully remodeled three-bedroom, two-bathroom home located in a desirable neighborhood in West Altadena. Meticulously updated to blend modern comfort with classic charm, this stunning residence is move-in ready, featuring fresh interior and exterior paint, brand-new laminate flooring, upgraded lighting, and stylish new doors and windows. Step inside to a spacious open-concept living area, where natural light flows effortlessly, creating the perfect space for both relaxation and entertaining. The recently upgraded kitchen boasts gleaming white cabinets and stainless steel appliances, complete with a cozy breakfast nook.Both bathrooms have been newly renovated with elegant finishes, adding a touch of luxury to your daily routine. The property is sitting on nearly 10,000 sqt big lot, offers endless possibilities, including the potential to build ADU for additional space or rental income. The property includes a beautifully landscaped yard, ideal for outdoor entertaining or quiet relaxation Don’t miss the opportunity to own this exceptional home in one of Altadena’s most desirable neighborhoods!

    Listed with CONG DU CalDRE: 02000397 | 626-215-4029, PARTNER Real Estate


    Brought to you by Irina Netchaev, Pasadena Views Real Estate Team Inc. Call me today at 626-627-7107, or visit my website at www.pasadenaviews.com/free-home-search/!


  • Wed, 16 Apr 2025 17:47:00 +0000: $749,000 :: 3354 Rubio Crest Drive, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    0 beds, 0 bath
    Home size: 2,199 sq ft
    Lot Size: 12,350 sq ft
    Added: 03/25/25, Last Updated: 04/16/25
    Property Type: Single Family
    MLS Number: P1-21417
    Community: Altadena
    Tract: Not Applicable
    Status: Active


    Located in the scenic foothills of Altadena, and within one of the most desirable neighborhoods this expansive lot presents a rare opportunity to build a new vision or restore a cherished one in a beloved community. Previously home to a 4-bedroom, 3-bathroom residence built in 1964, the property was affected by the Eaton Canyon Fire, offering a blank slate for those looking to create something truly special. Set against a stunning natural backdrop, the backyard featured an existing pool and spa, with sunset views over the valley below and views of the mountains above. The two neighboring homes remain intact, preserving the charm and character of the area. This as-is sale requires the buyer to conduct their own due diligence regarding future building requirements, including consultation with LA County and relevant agencies for site clearance, hazardous material removal, and environmental remediation. The property previously had access to all utilities, but the buyer must verify restoration requirements. Please Note: This is a drive-by only listing. Do not enter the property due to current safety protocols.

    Listed with Jason Berns CalDRE: 01787757 | (626) 826-4544, Keller Williams Realty


    Brought to you by Irina Netchaev, Pasadena Views Real Estate Team Inc. Call me today at 626-627-7107, or visit my website at www.pasadenaviews.com/free-home-search/!


  • Wed, 16 Apr 2025 09:50:00 +0000: $549,000 :: 560 W Loma Alta Drive, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    0 beds, 0 bath
    Home size: 0 sq ft
    Lot Size: 6,273 sq ft
    Added: 04/16/25, Last Updated: 04/16/25
    Property Type: Single Family
    MLS Number: 25525669
    Community: Altadena
    Status: Active


    Nestled in the serene foothills of Altadena's Janes Village, this remarkable property offers a rare and inspiring opportunity to craft something truly extraordinary. Once the site of a beloved 3 bedroom, 2 bath Mid-Century style home built in 1947, the lot--now cleared with Phase 1 cleanup recently completed, is ready to be reimagined following the Eaton Canyon Fire. Located in one of Altadena's most beautiful pockets, with awe-inspiring vistas of the majestic San Gabriel Mountains, the setting is nothing short of exquisite. The community here is both inspiring and close-knit. Just steps from Loma Alta Park, Eaton Canyon trailheads, and Christmas Tree Lane, and only minutes from world-class shopping and dining in Pasadena, this property invites visionaries to imagine what's possible in what is arguably the most beautiful location in L.A. Drive-by only. Buyers are to rely solely on their own investigations regarding all aspects of the property.

    Listed with Vanessa Yan CalDRE: 01418060 | 310-259-4381, Soulful Abode Los Angeles


    Brought to you by Irina Netchaev, Pasadena Views Real Estate Team Inc. Call me today at 626-627-7107, or visit my website at www.pasadenaviews.com/free-home-search/!


  • Tue, 15 Apr 2025 16:43:00 +0000: $649,000 :: 596 Wapello Street, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    0 beds, 0 bath
    Home size: 0 sq ft
    Lot Size: 9,000 sq ft
    Added: 04/14/25, Last Updated: 04/15/25
    Property Type: Single Family
    MLS Number: P1-21760
    Community: Altadena
    Status: Active


    Residential Lot For Sale:This deep lot is located in the Marathon Heights neighborhood, North of Altadena Drive, just west of Lake Avenue. It is nestled under the surviving Deodar Trees of the beautiful Altadena Foothills. It offers the opportunity to build your dream home boasting mountain views and easy access to Lake Avenue retail shops, restaurants, the local Library, hiking trails, and parks. The Lot size is 50 wide and 180 deep per Assessor. The Eaton Fire destroyed the home. FEMA Phase 1 clean-up has been completed. The owner has ordered phase 2 clean-up. Make this your opportunity to build your dream home today.

    Listed with Pete Whan CalDRE: 00943306 | (626) 278-4333, Pete Whan and Associates, Inc.


    Brought to you by Irina Netchaev, Pasadena Views Real Estate Team Inc. Call me today at 626-627-7107, or visit my website at www.pasadenaviews.com/free-home-search/!


  • Tue, 15 Apr 2025 13:47:00 +0000: $995,000 :: 1730 Veranada Avenue, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    2 beds, 1 bath
    Home size: 1,143 sq ft
    Lot Size: 8,712 sq ft
    Added: 02/04/25, Last Updated: 04/15/25
    Property Type: Single Family
    MLS Number: 25497745
    Community: Altadena
    The price of this listing was last reduced on 4/15/2025 by 7%
    Status: Active


    Welcome to 1730 Veranada Avenue, a charming one-story Southwestern ranch-style home tucked in Altadena's prestigious Presidential Streets. This two-bedroom, one-bathroom residence boasts original character with stunning mahogany hardwood floors throughout, complemented by a nostalgic black-and-white checkered vinyl kitchen floor that adds a timeless touch. The spacious living area is filled with natural light, creating a warm and inviting atmosphere. Step outside to a beautifully landscaped backyard an entertainer's dream featuring lush trees, a serene patio space, and plenty of room to relax or host gatherings. Located in a highly sought-after neighborhood, this home offers a perfect blend of vintage charm and modern comfort.

    Listed with Ricardo Curtis CalDRE: 01464851 | 310-674-3863, Jacob, Christopher & Lee Rlty


    Brought to you by Irina Netchaev, Pasadena Views Real Estate Team Inc. Call me today at 626-627-7107, or visit my website at www.pasadenaviews.com/free-home-search/!


  • Tue, 15 Apr 2025 11:03:00 +0000: $950,000 :: 1437 Crest Drive, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    0 beds, 0 bath
    Home size: 0 sq ft
    Lot Size: 22,051 sq ft
    Added: 04/14/25, Last Updated: 04/15/25
    Property Type: Single Family
    MLS Number: P1-21754
    Community: Altadena
    Status: Active


    Located in one of Altadena's most coveted neighborhoods, this expansive half-acre parcel offers a unique opportunity to create a custom estate in a premier setting. The lot is predominantly flat and showcases breathtaking panoramic views of city lights and the San Gabriel Mountains. Previously the site of a 3,929 square-foot residence and once home to a world-renowned musician and former Composer-In-Residence at the LA Philharmonic, it is now a blank canvas poised for redevelopment. The current Altadena Community Standards District Ordinance allows for a gross structural area of up to 6,512 square feet, with additional allotments for a garage or ADU, providing ample space for a visionary design. Please note that this is a drive-by-only listing; for safety reasons, on-site access is restricted at this time. Phase I of the property clean-up has been completed, and Phase II is scheduled to follow.

    Listed with Steve Haussler CalDRE: 00840777 | (626) 584-0050, Coldwell Banker Realty


    Brought to you by Irina Netchaev, Pasadena Views Real Estate Team Inc. Call me today at 626-627-7107, or visit my website at www.pasadenaviews.com/free-home-search/!


  • Mon, 14 Apr 2025 05:48:00 +0000: $2,700,000 :: 1189 Sonoma Drive, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    6 beds, 4 baths
    Home size: 3,987 sq ft
    Lot Size: 12,223 sq ft
    Added: 04/14/25, Last Updated: 04/14/25
    Property Type: Single Family
    MLS Number: CV25064439
    Community: Altadena
    Status: Active


    Investment potential! Detached ADU with current renters, DSCR Loan Eligible, Prime Location High Rental Demand, Multi-generational Living options. OWNED SOLAR PV SYSTEM 7.37 KW, 22 PANELS. Welcome to this 1927 Spanish Colonial Revival Adobe-Style Pool Home with Rental Potential in Altadena Hills. It embodies the characteristics of the time. Overflowing with character and architectural details, this pool home offers a perfect blend of historic elegance, with a touch of tender loving care, you can turn this home into a magnificent retreat. 5 bed / 3 bath main house, PLUS a 1Bed / 1bath ADU on the property (approximately 750 sqft) for a guest house, or creative studio sitting Detached from main is perfect rental income --- 12,000 Sqft lot size. Cozy fireplace in the living room—perfect for cool California nights. Mature trees & drought-friendly plants, Fruit trees. Private driveway & ample parkingPrime Location. Close to hiking trails, parks, & outdoor adventures. Easy access to shops, dining, & Pasadena’s cultural scene. This one-of-a-kind historic gem is full of possibilities! Whether you're looking for a dream home with vintage character or an investment opportunity with rental potential, this Altadena pool home is a must-see.

    Listed with Rebecca LeBret CalDRE: 01499935 | 909-694-0160, REALTY ONE GROUP WEST


    Brought to you by Irina Netchaev, Pasadena Views Real Estate Team Inc. Call me today at 626-627-7107, or visit my website at www.pasadenaviews.com/free-home-search/!


  • Sat, 12 Apr 2025 12:23:00 +0000: $1,695,000 :: 672 W Crosby Street, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    3 beds, 3 baths
    Home size: 1,604 sq ft
    Lot Size: 9,793 sq ft
    Added: 04/10/25, Last Updated: 04/12/25
    Property Type: Single Family
    MLS Number: 25501133
    Community: Altadena
    Status: Active


    Japanese-inspired style meets Mid-Century Modern nestled in the foothills. Forest. Located on a private cul-de-sac in a lovely quiet neighborhood of Altadena, this home has been fully remodeled and sits on almost 10,000 sf of flat land. Built in 1962, the redesign pays homage to many of the original details while marrying all of todays modern amenities. An expansive front yard and garden welcome you as the paved driveway offers plenty of on site parking with attached 2 car garage. The home is recessed back from the street, so you will enjoy plenty of privacy. A foyer welcomes you as you step down into a sunken open floor plan between a large living room and dining room with original brick see-though gas fireplace. Sliding glass doors open up in both rooms so that there is access to the large patio and pergola. Kitchen boasts quartz countertops, stainless appliances, a laundry room, custom cabinetry and a view of the dining, living room and backyard. Opposite the main living areas and down the hallway are a lovely powder room for guests, two large guest bedrooms and guest bath with shower and tub. The primary suite is at the end of the hall and offers a large walk-in closet and beautiful en suite bath with double vanity and oversized shower. The backyard has a great patio/pergola for entertaining, stunning mature trees and park-like feel with its own custom shed/office/extra bedroom. Plenty of room for a pool and/or ADU!

    Listed with Brian Zinda CalDRE: 01939020 | 562-706-0815, Berkshire Hathaway HomeServices California Properties


    Brought to you by Irina Netchaev, Pasadena Views Real Estate Team Inc. Call me today at 626-627-7107, or visit my website at www.pasadenaviews.com/free-home-search/!


  • Fri, 11 Apr 2025 22:33:00 +0000: $1,525,000 :: 1691 Coolidge Avenue, Altadena CA, 91001 - Altadena - Homes for Sale
    Property Photo



    3 beds, 2 baths
    Home size: 1,860 sq ft
    Lot Size: 9,444 sq ft
    Added: 04/11/25, Last Updated: 04/11/25
    Property Type: Single Family
    MLS Number: CV25080515
    Community: Altadena
    Status: Active


    CLASSIC ALTADENA TRADITIONAL w/ AWE INSPIRING VIEWS! Available for the first time in decades, this is your opportunity to own in one of Altadena's most sought after areas. Nestled within the coveted Presidential Streets, this single story home sits atop an elevated lot with tons of curb appeal. Brick elevation & beautiful landscaping help create a sense of warmth and welcome as you enter this great home. The formal living area offers a fireplace and a large bay window that frames the magnificent San Gabriel Mountains perfectly. The dining area sits between the kitchen and the spacious family room. The kitchen offers tile counters, recessed lights, a breakfast nook and convenient access to the laundry room. The middle bedroom offers direct access to a 3/4 bath. The rear bedroom is nicely sized and features a slider that goes out to the backyard. The lot is 9,444 sqft, but it feels so much larger! The yard can be enjoyed as is, however, if you've been wanting to build out an ADU, or create your own organic garden or maybe build the pool of your dreams, it can be done here! Working from home or maybe you want your own craft room or private gym? Well, there's an additional room to the rear of the garage that can be whatever you desire! The gated driveway will accommodate several cars, an R/V or a boat! Other upgrades to note: newer dual pane windows, new electrical panel, new HVAC unit and solar panels to help with the power bills. This is the home you've been waiting for! Set up an appointment to see this special home before it's to late!

    Listed with Christopher Cervantez CalDRE: 01430875 | 909-227-5833, eHomes


    Brought to you by Irina Netchaev, Pasadena Views Real Estate Team Inc. Call me today at 626-627-7107, or visit my website at www.pasadenaviews.com/free-home-search/!


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