2040 El Molino
Property Overview
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
Home Details
- Property type
- Land
- Lot size
- 6,036 sq ft
- Days on market
- 0
- MLS status
- Active
Features & Amenities
Lot
- Zero To One Unit Acre
Community, Schools & Utilities
Community
- View
- Neighborhood
Utilities
- Water
- Public
- Sewer
- PublicSewer
Location & Neighborhood
Frequently Asked Questions About 2040 El Molino
Property type: Land
What clients say
“Reza was the best agent we have ever worked with.”Russell & Susan McQueen
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