2040 El Molino

Altadena, CA 91001
  • $625,000

    Price
  • 0.14

    Acre

About the Listing PF10566M - PF23576M

Vacant corner lot two blocks from historic Christmas Tree Lane in one of Altadena's most sought-after neighborhoods. The site was previously improved with a two-story Spanish-style triplex had three distinct addresses (2040, 2042, and 2044 El Molino Avenue) and a 3-car garage, so multi-unit use has established precedent. In the original layout, the ground floor held two units, a one-bedroom and a two-bedroom, each with its own living room, dining room, kitchen, and bath, and one with private patio space. The upper level was a three-bedroom, two-bath unit with its own living and dining rooms, a covered front porch, and views of the San Gabriel Mountains. Each unit had its own garage, and the grounds included private outdoor areas and a shared rose garden. With two street frontages, the lot gives flexibility in access, orientation, and layout. Developers can pursue a new multi-unit project. End users can build a home with rental income or a multigenerational property with separate living spaces. Investors can choose between a custom single-family residence for resale or a multi-unit build for long-term income

Listing Highlights for 2040 El Molino

Status Active
Days on Site 8
Property Type Vacant Land
MLS ® PF26231440
Year Built
Lot/Acreage 0.14

Interior Details

  • Appliances:
  • Air Cond:
  • Heating:
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  • Floor:
  • Basement:
  • Other:
  • Water: Public

Exterior Details

  • Lot Description: 0-1 Unit/Acre,No Land Lease
  • Garage Capacity: N/A
  • Roof:
  • Others:
  • Sewer: Public Sewer

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 5845032001
  • Tax Year: N/A

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Listing Location

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2040 El Molino Altadena, CA 91001

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Originating MLS: CRMLS

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