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Altadena Land Opportunity

240 E Mendocino Street, Altadena, CA 91001

For Sale
$500,000

Land in historic Altadena neighborhood, potential for dream home.

Property SizeContact for details
Days on Market500

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: Oct 25 Last Checked: Nov 6 at 12:12PM

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

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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

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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

536
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
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Market

Properties on Market for Land in Los Angeles County

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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.
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