CA > Altadena
Altadena, CA 91001,451 E Sacramento St
Altadena, CA 91001,451 E Sacramento St
Altadena, CA 91001,451 E Sacramento St
7
See all 7 photos
$5,000,000
Est. payment /mo
Save
8 Beds
8 Baths
4,896 SqFt
New

451 E Sacramento St Altadena, CA 91001

Save
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Wed
25
Jun
Thu
26
Jun
Fri
27
Jun
Carmen Deam

Carmen Deam

+1(702) 969-1900

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,896 sqft

Price per Sqft $1,021

MLS Listing ID 25556197

Bedrooms 8

Year Built 1924

Lot Size 0.741 Acres

Acres 0.7409

Property Sub-Type Multi-Family

Property Description

This unique community features eight (8) charming 1-bedroom, 1-bath + den Spanish-style bungalows arranged around a serene courtyard on a spacious lot. Nestled on a quiet street just half a block from the iconic Christmas Tree Lane, the property is surrounded by mature trees and expansive grassy areas, creating a peaceful and inviting atmosphere. Over $540,000 has been invested in capital improvements, including upgrades to plumbing, roofing, and electrical systems all already completed. New ownership can subdivide the lot into three (3) separate parcels, allowing the opportunity to build eight (8) new ADUs across the site. These additions have the potential to generate approximately $386,400 in annual rental income. Upon ADU completion, the property can be stabilized at a 12.53% cap rate with a 6.71 GRM. Resident utility billing (RUBS) has been implemented to reduce operational costs, and the property is eligible for Mills Act designation, offering substantial potential property tax savings. Assumable financing available at 5.25%, with five years of interest-only payments remaining.

Location

State CA

County Los Angeles

Area Altadena

Zoning LCR110

Rooms

Other Rooms None

Interior

Heating Combination

Cooling Dual

Equipment Washer, Dryer, Refrigerator

Exterior

Parking Features Garage

Garage Spaces 13.0

Building

Level or Stories One

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Dover Management Corp.

GET MORE INFORMATION

agent

Carmen Deam

Realtor | RE.S.0187384

+1(702) 969-1900

Name
Phone*
Message
I agree by electronic signature to the Electronic Disclosure Consent; to receive recurring marketing communication from or on behalf of Carmen Deam, including auto-dialed calls, texts, and artificial/prerecorded voice messages (consent not required to make a purchase; data rates may apply; reply “STOP” to opt-out of texts or ‘HELP” for help); and to the Terms of Service and Privacy Policy of this website. I understand that I can call to obtain direct assistance.

Go tour this home

451 E Sacramento St