451 E Sacramento Street, Altadena, CA 91001

Local realty services provided by:ERA North Orange County Real Estate
#1#2#3
451 E Sacramento Street,Altadena, CA 91001
$5,000,000
  • 8 Beds
  • 8 Baths
  • 4,896 sq. ft.
  • Multi-family
  • Active
Listed by:douglas steinriede
Office:dover management corp.
MLS#:25556197
Source:CRMLS

Price summary

  • Price:$5,000,000
  • Price per sq. ft.:$1,021.24

About this home

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

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Home facts

  • Year built:1924
  • Listing Id #:25556197
  • Added:691 day(s) ago
  • Updated:August 18, 2025 at 02:21 PM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:8
  • Living area:4,896 sq. ft.

Heating and cooling

  • Cooling:Dual
  • Heating:Combination

Structure and exterior

  • Year built:1924
  • Building area:4,896 sq. ft.
  • Lot area:0.74 Acres

Finances and disclosures

  • Price:$5,000,000
  • Price per sq. ft.:$1,021.24
Based on information from California Regional Multiple Listing Service, Inc. as of August 21, 2025 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. 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.

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