2484 Hanning Avenue, Altadena, California 91001, Altadena, 91001 - 4 bed, 2 bath

2484 Hanning Avenue, Altadena, California 91001 home-pic-0
ACTIVE$875,000
2484 Hanning Avenue, Altadena, California 91001
4Beds
2Baths
1,532Sqft
6,782Lot
Year Built
1947
Close
-
List price
$875K
Original List price
$875K
Price/Sqft
$571
HOA
-
Days on market
-
Sold On
-
MLS number
SR25089764
Home ConditionPoor
Features
Good View: City Lights
ViewCity Lights

About this home

We found 3 Cons,5 Pros. Rank: price - $875.0K(25th), sqft - 1532(44th), beds - 4(76th), baths - 2(50th).

Contractors are conducting air quality remediation. Listed As-Is | Fire-Damaged Property | This property suffered significant damage from the Eaton Fire and is being sold AS-IS. Damage includes: • Water intrusion • Smoke, ash, and soot exposure • Poor air quality • Wind-related exterior and structural wear • Deferred maintenance throughout

Price History

Date
Event
Price
04/23/25
Listing
$875,000
Condition Rating
Poor

Built in 1947, this property has suffered significant fire damage, including water intrusion, smoke/ash/soot exposure, poor air quality, and wind-related exterior/structural wear. It is being sold 'AS-IS' with ongoing air quality remediation, indicating it is currently unsafe and unlivable. The kitchen and bathrooms are severely outdated and would require full renovation even without the fire damage. This property requires substantial repairs and rehabilitation, aligning with the 'Poor' condition criteria.
Pros & Cons

Pros

Desirable Location: The property is situated in Altadena, a highly sought-after community known for its scenic beauty and proximity to amenities.
Valuable City Lights View: The property offers a desirable 'City Lights' view, which significantly enhances its aesthetic appeal and potential market value.
Generous Lot Size: With a lot size of 6,782 sqft, there is ample outdoor space for potential landscaping, expansion, or recreational use.
Functional Layout: The property features 4 bedrooms and 2 bathrooms, providing a practical and family-friendly living arrangement.
Significant Investment Opportunity: For experienced investors or buyers willing to undertake extensive renovations, the 'as-is' fire-damaged state presents a unique opportunity to acquire a property in a prime location at a potentially reduced entry point, allowing for substantial value creation through restoration.

Cons

Extensive Fire Damage: The property sustained significant damage from the Eaton Fire, including smoke, ash, soot exposure, water intrusion, and wind-related exterior/structural wear, necessitating comprehensive and costly repairs.
As-Is Sale Condition & Remediation: Being sold strictly 'as-is' with ongoing air quality remediation indicates the buyer will bear full responsibility and financial burden for all necessary repairs, restoration, and potential unforeseen issues.
Poor Air Quality & Health Concerns: The explicit mention of poor air quality and ongoing remediation highlights potential health risks and the need for thorough, professional environmental cleanup before safe occupancy.

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