$1,490,000
Rare opportunity to own an income-producing two-on-a-lot in the heart of Altadena. This versatile property offers the perfect blend of immediate rental income and long-term upside.Front House -- 3 Bed | 2 BathThe front home retains its original character and charm, presenting a fantastic opportunity for buyers looking to personalize and add value. A true blank canvas with solid bones in a sought-after Altadena neighborhood.Back House -- 2 Bed | 2 BathThe rear unit has been tastefully updated throughout and is currently tenant-occupied with a lease in place for approximately one year -- delivering stable, immediate rental income from day one. 3-Car GarageUpdated and well-maintained, offering ample parking and storage, or potential for future conversion (buyer to verify with county).Why This Property Stands Out:Live in front, collect rent from the backExisting lease provides income from close of escrow.Spacious updated rear unit with 2 full baths is a strong rental draw.Located in desirable Altadena, minutes from the foothills, local dining, and the 210 FreewayBuyer to verify all square footage, permits, and zoning. Existing tenant lease to be honored per terms.
Click to interact with map
Listed by Gretchen Palmer with COMPASS (626) 205-4040
Property Type
Duplex
Status
Active
MLS Number
P1-26769
Year Built
1925
Lot Size
8,403 sq ft