400 E Calaveras Street, Altadena, California 91001, Altadena, 91001 - 4 bed, 3 bath

400 E Calaveras Street, Altadena, California 91001 home-pic-0
ACTIVE$1,695,000
400 E Calaveras Street, Altadena, California 91001
4Beds
3Baths
1,820Sqft
10,184Lot
Year Built
1961
Close
-
List price
$1.7M
Original List price
$2.16M
Price/Sqft
$931
HOA
-
Days on market
-
Sold On
-
MLS number
SR24220816
Home ConditionExcellent
Features
Deck
View-

About this home

Possibly Over-Priced:The estimated price is 31% below the list price. We found 3 Cons,6 Pros. Rank: price - $1.70M(84th), sqft - 1820(58th), beds - 4(76th), baths - 3(68th).

This gorgeous mid century modern home has everything you're looking for. This home boasts an open floor plan, kitchen with beautiful quartz countertops, stainless steel appliances, beautiful wood flooring, recessed lighting through out. New HVAC and plumbing were installed last year. Tankless water heater. This home sits on a corner lot with over 10,000 square feet of space. This is the perfect home to build an ADU on. We have plans upon request available.

Condition Rating
Excellent

Despite being built in 1961, this property has undergone an extensive and high-quality renovation. The listing explicitly states 'New HVAC and plumbing were installed last year' and a 'Tankless water heater,' indicating major system updates within the last year. The images confirm a fully modernized interior with an open floor plan, beautiful new wood flooring, and recessed lighting throughout. The kitchen features modern light wood cabinetry, quartz countertops, and stainless steel appliances. The bathroom shown is exceptionally updated with a contemporary freestanding tub within a glass-enenclosed shower, modern vanity, and stylish fixtures. All components appear new or virtually new, meeting current quality standards with no deferred maintenance, aligning perfectly with the 'Excellent' criteria for a property extensively renovated within 5 years.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10184, living area = 1820.
Mid-Century Modern Appeal: The property is a 'gorgeous mid-century modern home,' appealing to buyers seeking this desirable architectural style.
Extensive Recent Upgrades: Significant capital expenditures have been made with new HVAC, plumbing, and a tankless water heater installed last year, reducing immediate maintenance concerns for a buyer.
Modernized Interior Finishes: Features an open floor plan, a kitchen with beautiful quartz countertops and stainless steel appliances, beautiful wood flooring, and recessed lighting throughout, offering a contemporary living experience.
Generous Corner Lot: Situated on a corner lot with over 10,000 square feet of space, providing ample outdoor area and potential for enhanced privacy.
ADU Development Potential: The large lot is ideal for building an Accessory Dwelling Unit (ADU), with plans available upon request, offering significant value-add or potential rental income.

Cons

Significant Price Adjustment: A substantial reduction from the original list price ($2.157M to $1.695M, over 21%) may raise questions about initial overpricing or market perception of the property's value.
Lack of Scenic Views: The property explicitly states 'view: None,' which could be a disadvantage in Altadena where mountain or city views are often a highly sought-after premium feature.
Age of Core Structure: Despite recent major system upgrades, the 1961 build year indicates an older core structure, which may imply other components or systems could require future attention or updates not explicitly mentioned.

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