10 days on rocket

2885 Olive Ave, Altadena, CA, 91001

$749,000

Home List Price

$8,894*

Closing Credit

2 Bedrooms
2 Full Baths
1,076 SqFt
$696/SqFt
House
Schools Nearby

Location

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2885 Olive Ave, Altadena$749,000

Buyer Closing Credits

$8,894*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDoor-Single, Garage
Garage1 space
Year Built1926
HeatingCentral
CoolingWall/Window Unit(s)
FireplaceLiving Room, Wood Burning
ViewMountain(s)
MLS #P1-17381
Lot Size0.16 Acres
StatusActive

About 2885 Olive Ave

Tucked into the beautiful foothills of Altadena, this 2-bed, 2-bath property is the perfect opportunity to create the cozy home of your dreams. The 1,076 SF home is located on a generous 6,909 SF lot and is ready for you to make it your own. As you enter, take special care to note the original wood panel walls throughout the home. Immediately to your right, you will find a gorgeous brick fireplace in the living room and continuing on straight ahead, you will pass through the dining room that opens to the back of the home. Sliders access the backyard and provide ample natural light to enter the space. The kitchen has plenty of room to customize the space to your culinary needs. In the back of the home sits a spacious laundry or mudroom - the ideal space for storage and running the weekly wash. The primary bedroom boasts an ensuite bathroom, ready to customize to your taste, and down the hallway lies an additional bathroom and a second bedroom. Stepping outside, you will find the backyard full of lush, green grass and a freestanding jacuzzi for unwinding after a long day. There is also a detached one-car garage and long driveway for ample off-street parking. This property provides an excellent opportunity to build the home of your dreams while taking in that incredible mountain view. Close to several parks, hiking trails, and restaurants, this property is full of untapped potential - don't delay!

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1926
  • Stories: 1
  • Living Area: 1,076 SqFt

Listing Office:

  • Office Name: Keller Williams DTLA
  • Office Email: daveknightrealestate@gmail.com
  • Listing Agent: David Knight

Interior Features

Interior Information:

  • Appliances: Electric Cooktop
  • Flooring Type: Vinyl, Wood
  • Interior: Ceiling Fan(s), Primary Suite
  • Fireplace: Living Room, Wood Burning

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Mountain(s)

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Door-Single, Garage

Lot Features

Lot Information:

  • Lot Size: 0.16 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Wall/Window Unit(s)

School Info

Assigned Schools Information:

  • John Muir High School, Public District Grades 9-12
  • Marshall Fundamental, Public District Grades 6-12
  • Charles W. Eliot Middle School, Public District Grades 6-8
  • Norma Coombs Alternative, Public District Grades KG-5
  • Don Benito Fundamental, Public District Grades KG-5

Other

Directions Information:

  • Directions: South of W. Altadena Dr. North of W. Mariposa St.

Price Information

Listing Price Info

Price Summary:

  • List Price: $749,000
  • Price Per SqFt: $696/SqFt

Tax Information:

  • Annual Amount: $1,207
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Altadena, CA.

Med. Sold Price

$1.3M

Med. Price/SqFt

$790

Avg. Days On Market

20

# of Sold Homes

21

2885 Olive Ave vs Altadena

10 DAYS ON ROCKET

-10 Days

$749,000

-$576.8K Less

$696/SqFt

-$95 Less

KEY TAKEAWAY

This property is $576.8K less than the Median Sold Price and $95/SqFt less than other homes in Altadena, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #P1-17381

Listing Office:

  • Office Name: Keller Williams DTLA
  • Office Email: daveknightrealestate@gmail.com
  • Listing Agent: David Knight

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/4/2024, 11:20:37 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$1,207$67,301
2020$1,171$66,612
2019$3,308$65,307
2018$3,295$64,027
2017$3,295$62,772

History based on county public records data.

Payment Calculator

$3,806

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,312

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-6239301
7
/10
  • Norma Coombs Alternative

  • 2600 Paloma St

  • 4.18 miles

  • Public District Grades KG-5

school-card-donut-6239302
6
/10
  • Don Benito Fundamental

  • 3700 Denair St

  • 5.04 miles

  • Public District Grades KG-5

Middle School

school-card-donut-6239303
3
/10
  • Charles W. Eliot Middle School

  • 2184 Lake Ave

  • 1.60 miles

  • Public District Grades 6-8

High School

school-card-donut-6239304
3
/10
  • John Muir High School

  • 1905 Lincoln Ave

  • 1.20 miles

  • Public District Grades 9-12

school-card-donut-6239305
5
/10
  • Marshall Fundamental

  • 990 N Allen Ave

  • 3.26 miles

  • Public District Grades 6-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $53,571. Typical income of Altadena, CA residents is between $35k-100k annually. Typical family type is single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2885 Olive Ave

What is the listing price of this property?

The listing price of 2885 Olive Ave property is $749,000.

What type of property is this?

The property 2885 Olive Ave is a house located in Altadena, California, 91001.

Is this property for sale now?

Active Listing: 2885 Olive Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 2885 Olive Ave are:
Norma Coombs Alternative: GreatSchools Rating 7/10
Don Benito Fundamental: GreatSchools Rating 6/10
Charles W. Eliot Middle School: GreatSchools Rating 3/10
John Muir High School: GreatSchools Rating 3/10
Marshall Fundamental: GreatSchools Rating 5/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $1,207 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 2885 Olive Ave has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 2885 Olive Ave is 1,076 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2885 Olive Ave is 1926.

Rocket HomesCaliforniaLos Angeles CountyAltadena910012885 Olive Ave

This home is located at 2885 Olive Ave in Altadena, CA and zip code 91001 in the The Verdugos neighborhood. This 1,076 square foot home, which was built in 1926, sits on a 0.16 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 24, 2024 and is currently priced at $749,000.

Over 16 listings were sold over their listed price in April 2024 in Altadena, CA. In the same period over 2 listings were sold below the listed price and 3 listings were sold for the listed price. The number of homes for sale in Altadena, CA increased by 6.8% between March 2024 and April 2024. While the average time on the market in April 2024 was 20 days, the median list price was $1,325,833.

From Rocket Homes Real Estate and based on county public records data.

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