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Altadena Land Opportunity
For Sale
$500,000

240 E Mendocino Street, Altadena, CA 91001

Land in historic Altadena neighborhood, potential for dream home.

Property SizeContact for details
Days on Market408

Property Features for 240 E Mendocino Street

General Information

Standard status Active
Property subtype Unimproved Land
Listing Agency: Keller Williams Realty
Listed By: Dave Knight · License #CA
Source: Kw
Added: Jun 27, 2025 Changed: Aug 8 Last Checked: Jul 16 at 8:31AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty

Investment Insights

Based on property information with market context.

Located on E. Mendocino St. in Altadena, this lot offers the opportunity to create a home in a coveted and historic neighborhood. The peaceful and private lot once housed the carriage house for Villa Carlotta. The adjacent parcel may also be acquired. The location is surrounded by multi-million-dollar homes. A Phase 2 environmental review has been completed by the Army Corps of Engineers. The lot once featured a 1,758 sq ft residence with 3 beds and 2 baths, and still offers a landscape of mature, blooming trees and untouched foliage. The property is located near Altadena's hiking trails, coffee shops, parks, and cultural landmarks.

Key Highlights

  • Highly desirable location in a coveted and historic Altadena neighborhood surrounded by multi‑million dollar homes.
  • Opportunity to acquire adjacent parcel for expanded development or multi‑generational estate.
  • Connection to local history as former carriage house for the Villa Carlotta.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Accounting Firm Hair Salon Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

882
Businesses Nearby

Demographics for 91001, CA

36,578
Population
13,335
Households
2.7
Avg Household Size
45
Median Age
52%
College-Educated
93%
High-School Grad
8.3 sq mi
ZIP Area
4,407
Density / Sq Mi
$133,840
Median Household Income
$64,449
Median Earnings
$2,298
Median Rent
$1,085,000
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Land - Land in historic Altadena neighborhood, potential for dream home.
Where is this land located?
The property is located at 240 E Mendocino Street Altadena, CA.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Highly desirable location in a coveted and historic Altadena neighborhood surrounded by multi‑million dollar homes.; Opportunity to acquire adjacent parcel for expanded development or multi‑generational estate.; Connection to local history as former carriage house for the Villa Carlotta.
More about this property
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