A vacant Altadena lot, nearly a quarter-acre in size, hit the market this week “priced low for (a) quicker sale” at $175,000.
Here’s the catch: It’s an uphill slope.
Records show the property sold in March 2013 for $28,000.
The owner, described as a retired general contractor and engineer, intended to “build a house for his son” but “due to (a) change in circumstances … decided to sell” the listing reads.
Listing agent Eduard Khachatryan of Luxury Homes International shared by phone that the seller completed all the necessary preliminary work, including house plans, although none have been approved.
The lot has access to public utilities on the street.
Originally subdivided from the house above, it has no neighbors on either side.
Google Earth imagery reveals that some of the homes directly across the street from the vacant lot survived the Eaton fire, which raged from Jan. 7 to Jan. 31. According to Cal Fire, it destroyed more than 9,400 structures and killed 18 people.
A month before the fire, the property hit the market for $199,950 and then dropped its asking price twice. It eventually fell off the market. On May 11, it resurfaced as Altadena’s lowest-priced land listing.
Related Articles
Ex-CEO’s Naples Island home is ‘under contract’ just 5 days after it listed La Cañada Flintridge estate with backyard train finds a buyer Harry Styles’ bandmates list Pasadena Queen Anne home for $2.8M Laguna Beach home on promontory overlooking Arch Rock seeks $34M Newport Beach bayfront home with link to Vegas Strip seeks $26 million
Read More Details
Finally We wish PressBee provided you with enough information of ( Altadena uphill vacant lot ‘priced low for a quicker sale’ at $175K )
Also on site :