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Real Estate Listing at Properties from The Knight Group LA

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The Knight Group LA

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$5,000,000
8 Days On Site

451 E Sacramento Street
Altadena, CA 91001

For Sale|Residential Income|Active
8
Beds
8
Total Baths
4,896
SqFt
$1,021
/SqFt
1924
Built
County:
Los Angeles
Call Now: 503.200.4823
Is this the listing for you? We can help make it yours.
503.200.4823
451 E Sacramento Street451 E Sacramento Street451 E Sacramento Street451 E Sacramento Street
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Monthly Payment (Est.)

$22,812
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2025 Information is deemed reliable but not guaranteed.

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.

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Listing Snapshot
Price 
$5,000,000
Days On Site 
8 Days
Bedrooms 
8
Inside Area (SqFt) 
4,896 sqft
Total Baths 
8
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.7409 Acres
Year Built 
1924
MLS® Number 
25556197
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
18 hours agoListing updated with changes from the MLS®
a week agoListing first seen on site
General Features
Acres 
0.7409
Garage 
Yes
Number Of Stories 
1
Parking 
Garage
Parking Spaces 
13
Special Circumstances 
Standard
SqFt Total 
4896
Stories 
One
Zoning 
LCR110
Interior Features
Appliances 
RefrigeratorDryerWasher
Cooling 
Dual
Heating 
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Community Features
MLS Area 
604 – Altadena
Listing courtesy of Douglas Steinriede of Dover Management Corp.
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Based on information from the The MLS as of 2025-07-02 06:25 AM UTC. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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