2835 Casitas Avenue Altadena, CA $ 2,188,000
2835 Casitas Avenue
$ 2,188,000
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2835 Casitas Avenue

Altadena, CA, 91001
$ 2,188,000
Baths1.0 Sq 4,259

Monthly Estimate*

$ 13,472

Listed by EXP REALTY
2835 Casitas Avenue, Altadena, CA 91001 - Image 1
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Studio

Multi-Family Home for sale in Altadena, CA

for $2,188,000 with 1 full bath. This 4,259 square foot home was built in 1948 on a lot size of 0.2705.

Rare 4-unit multifamily property located in Altadena, CA walking distance to JPL. Property qualifies for residential financing. Excellent opportunity for an owner-occupant to live in one unit and rent out the others, accommodate extended family living, or operate as a pure investment property. Situated on a large 11,853 SF rectangular lot, the property features a diverse unit mix with substantial recent improvements. The front house (2835) offers a spacious [3B+2.5B] layout. The second unit (2835B) is a cozy approximately 572 SF [1B+1B] unit complete with a full kitchen, living room, and dedicated laundry room. The third unit (2833) is an approximately 920 SF [2B+2B] newly constructed unit completed with permits. The fourth unit (2831) is an approximately 1,183 SF [2B+2B] newly constructed unit, also built with permits, and includes owned solar panels (not leased), which will be included in the sale. All four units are separately metered for gas and electricity. All four units also have their own mailing address and are separate buildings (no shared common walls). All four units also have their own laundry room. One master water meter services the property. Additional improvements include new roofs and HVAC systems for all 4 units. Front house and 4th unit is currently rented out by tenants. 2nd and 3rd unit are currently vacant.

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Multi-Family Active

Price

$ 2,188,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.2705

Year Built

1948

Town/City

Altadena

County/Region

Los Angeles

MLS | Web ID

AR26115668

Days on Market

3

Features
General
Sewer Public Sewer
Heating Combination
Cooling Central Air High Efficiency
Garage Spaces 0
Pool Features None
Year Built 1948
Stories Count 1
Levels One
Property Subtype Quadruplex
Gross Income 170400
Community Features Biking Hiking
County Los Angeles
Net Operating Income 134457
Operating Expense 35943
Insurance Expense 5443
New Construction false
Property Type Residential Income
Garage Y/N false
Special Listing Conditions Standard
Status Active
Directions 2835 Casitas Ave Altadena CA
City Altadena
Entry Location 1
Senior Community Y/N false
Number Of Units Total 4
MLS Area 604 - Altadena
Lot Size Units Square Feet
Lot Size Square Feet 11783
Listing Terms Cash Cash to New Loan
Property Attached Y/N false
Land Lease Y/N false
Electric Expense 0
Fuel Expense 2527
Trash Expense 650
Water Sewer Expense 1383
Additional Parcels Y/N false
Rent Control Y/N true
Building Area Units Square Feet
Standard Status Active
Year Built Source Public Records
Tax Lot 51
Property Sub Type Additional Quadruplex
Cap Rate 6.15
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Interior
Fireplace Features None
Total Stories 1
Common Walls No Common Walls
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Laundry Features Laundry Room
Entry Level 1
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Exterior
Lot Features 2-5 Units/Acre
Water Source Public
Total Parking 0
Lot Size Area 11783
Number of Buildings 4
Building Area Total 4259
Lot Size Acres 0.2705
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 4
Number of Separate Electric Meters 4
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* Excluded Features
List By
Exp Realty

Broker

donald@atlasgrouprealty.com

Email

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$13,472
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$13,472
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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/28/2026$2,188,000 Listed Price

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2835 Casitas Avenue, Altadena, CA, 91001 is a Multi-Family Home for sale at $2,188,000 with 4,259 sqft and a lot size of 0.2705. 2835 Casitas Avenue is a studio with 1.0 baths and was built in 1948. The property's zip code is 91001 which is in Altadena, CA