This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
$575,000
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
Property Description
Unique opportunity in Altadena! This property sits on a spacious lot where the original home was lost in recent fires. The parcel comes with an approved plot map / site plan and drafted architectural plans for two new single-family residences.
Buyer can take advantage of existing construction loan, architect and contractor to realize their dreams
Phase 1 and Phase 2 completed by Army Corp of Engineers
* Proposed Home #1: 1,200 sq. ft. two-story dwelling (20' x 30') with attached 324 sq. ft. garage/deck (9' x 36').
* Proposed Home #2: 1,600 sq. ft. two-story dwelling (25' x 32') with attached 324 sq. ft. garage/deck (18' x 18').
Plans are in progress and awaiting final approval. Buyer can continue with current designs or bring their own vision.
Highlights:
* Rare chance to build two new homes in a sought-after Altadena neighborhood.
* Approved site plan = head start on development.
* Potential for multi-generational living, investment, or resale.
* Convenient access to Pasadena, hiking trails, and the San Gabriel Mountains.
This property is perfect for a developer, investor, or end-user looking to create brand-new residences in one of Altadena's most desirable communities.
Full Property Details
Full Property Details for 408 W Terrace St
General
- Price: $575,000
- Status: Active
- Type: Lots/Land
- Source: MRMLS
- MLS ID: SR25207208
- Updated: 11/4/2025
- Days on Market: 129 days
- Added to Site: 129 day(s) ago
Location
- Area: 604 - Altadena
- County: Los Angeles
- Development Name: 604 - Altadena
- Driving Directions: East of Lincoln, South of Altadena Dr
- Dist. to Beach: city (Miles)
Utilities
- Sewer: Public Sewer
- Water: Public
- Dist. to Water: city
- Utility Description: Electricity Available, Natural Gas Available, Phone Available, Sewer Connected
Lot Features
- Property View: None
- Lot Size (Acres): 0.1487
- Lot Size (Sq. Ft.): 6,479
- Lot Size Source: Assessor
- Zoning: LCR175
- Lot Description: Biking, BLM/National Forest, Curbs, Dog Park, Foothills, Hiking, Park, Preserve/Public Land, Sidewalks, Storm Drains, Street Lights, Suburban
- Fencing (Description): None
Financial Considerations
- Price Per Sq. Ft.: $88.75
Listed by Simple Property, Inc., Daniel Beech
Get Pre-Approved Today
Schools
Schools serving 408 W Terrace St
School District:Pasadena Unified School District
| Name | Grades | Distance |
|---|---|---|
Charles W. Eliot Middle School 2184 Lake Avenue, Altadena, CA 91001 | 6-8 | 1.7 mi |
John Muir High School 1905 N. Lincoln Ave., Pasadena, CA 91103 | 9-12 | 1.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 408 W Terrace St
Date
Details
Price
Change
Source
11/04/2025
Price Reduced
$575,000
-8%
MLS
9/09/2025
Listed
$625,000
13.64%
MLS
4/01/2025
Sold
$550,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 408 W Terrace St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,999
-39%
$245,328
-58%
2024
$4,889
-30%
$581,543
2%
2023
$6,994
4%
$570,141
2%
2022
$6,755
5%
$558,962
2%
2021
$6,407
4%
$548,003
1%
2020
$6,159
—
$542,385
2%
2019
$6,171
-1%
$531,751
2%
2018
$6,250
1%
$521,325
2%
2017
$6,187
2%
$511,104
2%
2016
$6,055
1%
$501,083
2%
2015
$5,990
2%
$493,557
2%
2014
$5,871
—
$483,890
—
2013
$5,867
—
$481,704
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 408 W Terrace St
408 W Terrace Street, Altadena, CA 91001 (MLS# SR25207208) is a Lots/Land property with a lot size of 0.1487 acres. 408 W Terrace Street is currently listed for $575,000 and was received on September 09, 2025. Want to learn more about 408 W Terrace Street? Do you have questions about finding other Lots/Land real estate for sale in Altadena? You can browse all Altadena real estate or contact a Coldwell Banker agent to request more information.

