Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    2185 Midwick Drive Altadena, CA 91001

    View on Map
    Claim this Listing
    New
    For Sale
    $1,200,000

    Land/Lot - Altadena, CA

    Lot size:
    20,633.00 Acres
    Added:
    Apr 20, 2026
    Days on Market:
    5
    Last Refresh:
    Apr 24 at 2:06 pm

    Property Features for 2185 Midwick Drive

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    0000
    Exterior features
    Community Features Included: Curbs
    Standard status
    Active
    APN
    5857026001
    Lot size
    20,633.00 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Carla Jamison
    Carla Jamison

    Listing agent Carla Jamison License #01260624

    Listing office COMPASS 680 E. Colorado Blvd #400, Newport Beach, CA

    Listing date Apr 20, 2026

    MLS# P1-26756 Listing URL

    Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Altadena Land Parcel For Sale

    This expansive lot, located in a sought-after Altadena neighborhood, offers an opportunity to build a custom estate. The parcel spans approximately 20,633 square feet, or 0.47366850321395776 acres. The property is a blank canvas, ideal for designing a residence with a private backyard, pool, and outdoor living spaces. Located in Altadena, California, this lot is zoned 0000 and is located in Los Angeles County.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Altadena
    County
    Los Angeles
    State
    California
    Longitude
    -118.1061413
    Latitude
    34.1830801

    Nearby Similar for Sale

    • $1,499,999
      1,715 SF

      Altadena Auto-Use Commercial Property

      Rare opportunity: approved auto-use property with operating business included.
      2315 Fair Oaks Ave, Altadena, CA 91001
      View Details
    • $690,000

      Altadena Land Ready to Build

      Residential lot in Altadena, CA, ready for new construction.
      42 Marathon Rd, Altadena, CA 91001
      View Details
    • $1,495,000

      Corner Commercial Parcel in Altadena

      High-visibility corner lot suitable for retail, restaurant, office, mixed-use.
      912 E Altadena Dr, Altadena, CA 91001
      View Details
    • $990,000

      Altadena View Lot Opportunity

      Prime 0.53-acre lot with near RTI plans in Altadena.
      461 W Loma Alta, Altadena, CA 91001
      View Details
    • $950,000

      Altadena Residential Lot with Views

      Premier residential lot with panoramic mountain and city views.
      3017 Zane Grey, Altadena, CA 91001
      View Details
    • $569,000

      Altadena Land with Mountain Views

      Land in Altadena's foothills, ready for rebuilding.
      348 Parkman Street, Altadena, CA 91001
      View Details
    • $1,300,000
      2,253 SF

      Altadena Multi-Unit Income Property

      Turnkey multi-unit property in Altadena with mountain views.
      2115 N Marengo Avenue, Altadena, CA 91001
      View Details
    • $898,000

      Altadena Land Lot Opportunity

      Residential lot for sale in desirable Altadena neighborhood.
      2574 Ganesha Avenue, Altadena, CA 91001
      View Details
    • $465,000

      Altadena Ready-to-Build Residential Lot

      Cleared R-1 lot in desirable Altadena neighborhood.
      343 W Woodbury Road, Altadena, CA 91001
      View Details
    • $640,000

      Altadena Land: Dream Project Awaits

      Flat, rectangular lot in desirable Altadena neighborhood near Pasadena.
      50 Marathon Rd, Altadena, CA 91001
      View Details
    • $710,000

      Residential Lot in Gated Community

      Residential lot in La Vina community, razed by Eaton Fire.
      820 Millard Canyon Road, Altadena, CA 91001
      View Details
    • $810,000

      Altadena Land with Mountain Views

      Large lot in gated community with potential for rebuilding.
      3748 Sunset Ridge Road, Altadena, CA 91001
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Large lot in Altadena to build your dream home.
    Where is this residential land & home lot located?
    The property is located at 2185 Midwick Drive Altadena, CA.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: Highly desirable Altadena location; Expansive lot: **approximately 20,633 square feet**; Opportunity to build a custom estate
    (818) 636-1799
    We can help!
    Listing Contact
    Carla Jamison
    Carla Jamison
    Real Estate License ID: 01260624
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!