1936 Lake Ave Altadena, CA 91001

$758,000 Sold Price as of 03/08/2017

4 Beds
3 Baths
1,948 Sq.Ft.

Off Market

$758,000 Sold Price as of 03/08/2017 Refinance Your Mortgage

Map preview of 1936 Lake Ave, Altadena, CA 91001

Property Overview: 1936 Lake Ave Altadena, CA has 4 bedrooms, 3 bathrooms, 1,948 living square feet and 9,753 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

1936 Lake Ave is currently an off market home in the city of Altadena. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Altadena has a median list price of $1,299,999. The median price per/sqft for Altadena is $789. With those numbers in mind, if you are looking to purchase a median priced home in Altadena, CA and put 20% down you will need to save up $260,000 for the down payment and will need roughly $26,000 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Altadena the commission could be as much as $71,250. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 1936 Lake Ave

Last sold for $758,000 on March 10th, 2017

March, 2017
Mar 10, 2017

Date

Sold

CRMLS: 317000124

$758,000

Price
Mar 3, 2017

Date

Pending

CRMLS: 317000124

$750,000

Price
Jan 26, 2017

Date

Active

CRMLS: 317000124

$750,000

Price
Jan 24, 2017

Date

Pending

CRMLS: 317000124

$750,000

Price
Jan 5, 2017

Date

Active

CRMLS: 317000124

$750,000

Price
Listing provided courtesy of CRMLS

Outstanding investment opportunity. Rents are low. No rent control. 3 units total. Front duplex has two 1+1 units and the house at the rear of the property is 2+1. Commercial zoning makes it possible to use the front building for commercial purposes; ideal for an accountant, insurance agent, real estate or other uses. Please see attached marketing package for more information.

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March, 2017
Mar 8, 2017

Date

Sold (Public Records)

Public Records

$758,000

Price
October, 2016
Oct 31, 2016

Date

Expired

CRMLS: 316004246

$695,000

Price
May 9, 2016

Date

Price Change

CRMLS: 316004246

$695,000

Price
Listing provided courtesy of CRMLS

3 units; front duplex with two 1+1 units and a 2+1 house behind. The house has a fenced yard. Large lot totaling 9,753 square feet. Zoned C2 and R3. Commercial zoning allows commercial office or retail uses. Rents are low. Please see attached marketing brochure for more information.

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June, 2010
Jun 30, 2010

Date

Expired

CRMLS: 12132112

$695,000

Price
Dec 1, 2009

Date

Active

CRMLS: 12132112

$749,900

Price
Listing provided courtesy of CRMLS

These 3 units in Altadena are centrally located to retail shopping and bus routes. The front building is a duplex with two 1 bedroom/1 bath units, each with approximately 650 sq. ft. The electrical has been redone in the front unit of the duplex. The water heater for the duplex has been moved outside to provide more indoor space. The front units both have nice living rooms and dining areas. The back unit is a free-standing house with 2 bedrooms and 1 bath and approximately 1300 sq. ft. It has a nice kitchen and dining area. The total sq. footage is more than the tax rolls show (family room addition in the house). There is ample parking. Rents for the duplex units are $885, with one unit rented. The back unit is leased with a rent of $1,385. Owner pays water and trash, and tenants pay all other utilities. Drive by only. Shown only with an accepted offer. This property is zoned C-2 (Neighborhood Business Commercial)and is located in the Altadena Community Standards District (CSD).

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June, 2004
Jun 29, 2004

Date

Sold (Public Records)

Public Records

$600,000

Price

Tax History for 1936 Lake Ave

Assessed Value (2020): $804,393

Year	Land Value	Improved Value	Assessed Value
2020	$482,636	$321,757	$804,393

About 1936 Lake Ave

Detailed summary of property

1936 Lake Ave is categorized with a use code of Triplex (3 Units, Any Combination) in Altadena, CA 91001 and last sold on March 8, 2017 for $758,000. This property has 4 bedrooms, 3 bathrooms, roughly 1,948 living square feet, and sits on an approximately 9,753 square foot lot. Homes in Altadena are selling for a median price of $1,425,000 and a median price per square foot of $841. Based on Ardent Real Estate Group's Altadena Market Data, this home is sold 46.81% lower than the current median priced home. 1936 Lake Ave was last sold on March 8, 2017 for $758,000. Local nearby listings include 1853 Sinaloa Ave, 1710 N Oxford Ave and 87 E Montana St. The average home in Altadena, CA is selling in 51 days. There are currently 72 homes for sale in the Altadena real estate market and 71 of them are single family homes while 0 of them are condos and 1 are townhomes. If you are the homeowner and looking to sell the home at 1936 Lake Ave Altadena, CA 91001 contact Ardent Real Estate Group and we will put you in touch with one of our Altadena agents.

Public Facts for 1936 Lake Ave

Public county record property details

Beds: 4
Baths: 3
Year built: 1940
Sq. Ft.: 1,948
Lot Size: 9,753
Stories: --

Type: Triplex (3 Units, Any Combination)
Pool: No
Spa: No
County: Los Angeles
Lot#: 4
APN: 5845-016-003

The source for these homes facts are from public records.

91001 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$1,368,000

Median List Price/Sq.Ft.

$789

Median Sold Price

$1,425,000

Median Sold Price/Sq.Ft.

$841

Total Inventory

Median Sale to List Price %

101.86%

Avg Days on Market

Loan Type

Conventional (51.72%), FHA (0%), VA (0%), Cash (10.34%), Other (17.24%)

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