$625,000

2040 El Molino, Altadena CA, 91001

Price per sqft$103.55

Lot size0.14 Acres

Property typeLand

Listed by Khanh Oberley CA DRE# 02111602 with Douglas Elliman of CA, Inc. 4243259277

Overview

Active

Listed Oct 28, 2026

Updated 10h ago

Vacant corner lot two blocks from historic Christmas Tree Lane in one of Altadena's most sought-after neighborhoods. The site was previously improved with a two-story Spanish-style triplex had three distinct addresses (2040, 2042, and 2044 El Molino Avenue) and a 3-car garage, so multi-unit use has established precedent. In the original layout, the ground floor held two units, a one-bedroom and a two-bedroom, each with its own living room, dining room, kitchen, and bath, and one with private patio space. The upper level was a three-bedroom, two-bath unit with its own living and dining rooms, a covered front porch, and views of the San Gabriel Mountains. Each unit had its own garage, and the grounds included private outdoor areas and a shared rose garden. With two street frontages, the lot gives flexibility in access, orientation, and layout. Developers can pursue a new multi-unit project. End users can build a home with rental income or a multigenerational property with separate living spaces. Investors can choose between a custom single-family residence for resale or a multi-unit build for long-term income

Additional information

MLS^® ID: PF26231440

Exterior Features

Lot Size: 0.14 Acres

Other Property Details

View: Yes
55+/Senior Community: No

Listed by Khanh Oberley CA DRE# 02111602 with Douglas Elliman of CA, Inc. 4243259277

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 10/29/2026. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated on 10/29/2026 at 3:14 AM UTC Last Checked: 3:14 AM UTC