2835 Casitas AvenueAltadena, CA 91001

Multi-Family · 4,259 Sq. ft. | 0.27 Acres
$2,188,000 Active

2835 Casitas Avenue Overview

Time on Site:
32 days
Visits:
0

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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2835 Casitas Avenue Facts & Features

  • Type Multi-Family
  • Sq. ft. 4,259
  • Price/Sq.ft. $514
  • Lot 0.27 Acres

Details

General

Association/HOA

  • Common Interest: None

Income/Expenses

  • Fuel Expense: 2527.0
  • Gross Income: 170400.0
  • Gross Scheduled Income: 170400.0
  • Insurance Expense: 5443.0
  • Net Operating Income: 134457.0
  • Operating Expense: 35943.0
  • Trash Expense: 650.0
  • Water Sewer Expense: 1383.0

Building Information

  • New Construction: No
  • Year Built: 1948

Location/Region

  • Country: US
  • County Or Parish: Los Angeles
  • MLS Area Major: 604 - Altadena
  • Postal City: ALTADENA

Community/Development

  • Community Features: Biking,Hiking

Rent/Lease Information

  • Land Lease: No

General Information

  • Listing Terms: Cash,Cash to New Loan
  • Parcel Number: 5823019031
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Rent Control: Yes
  • Senior Community: No
  • Special Listing Conditions: Standard

Interior

Parking Information

  • Garage: No

Building Interior

  • Building Area Total: 4259.0
  • Building Area Units: Square Feet

General Information

  • Common Walls: No Common Walls
  • Entry Level: 1
  • Entry Location: 1
  • Fireplace Features: None
  • Fireplace: No
  • Laundry Features: Laundry Room
  • Levels: One
  • Stories: 1
  • Stories Total: 1

Exterior

Lot Information

  • Additional Parcels: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Acres: 0.2705
  • Lot Size Area: 11783.0
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 11783.0
  • Lot Size Units: Square Feet
  • Number Of Buildings: 4
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Elevation Units: Feet
  • Water Source: Public

Building Exterior/Construction

  • Property Attached: No

General Information

  • Number Of Units Total: 4
  • Pool Features: None
  • Pool Private: No
  • Sewer: Public Sewer

2835 Casitas Avenue Neighborhood

Community

91001 (Altadena) Demographics

45
Median Age
4,437
Population Density (per sq. mile)
55%
College Educated
$104,577
Estimated Median Income
9,463
Estimated Total Home Owners
2,997
Estimated Total Renters
76% / 24%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

2835 Casitas Avenue Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

2835 Casitas Avenue Market Data

Based on the last 30 days in this zip code

$1,725,762
Average List Price
$711
Average Price per Square Foot
19
Properties Sold
73
Average Days on Market
174
Properties for Sale
Calculations provided by Reliance Network

2835 Casitas Avenue History

Date Event Value Agent
5/28/2026Source: CRMLS Added to Database
May 28, 2026
Listing provided courtesy of EXP REALTYDonald La- MLS# AR26115668MLS ProviderContact Information: 626-888-2995
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