Listed by Douglas Colliflower•DRE #01936718• Berkshire Hathaway Home Services Golden Properties
Contact: 626-524-4158
For sale
$1,245,000
Est. $8,246/mo —
5
bd
•
3.5 ba
•
2,288
sq ft
547 E Woodbury Rd, Altadena, CA 91001
About this home
Rare opportunity to create an exceptional family compound. Offered concurrently with the adjacent single-family residence at 541 Woodbury, these two properties together provide four detached residences on more than 34,500 square feet of land, creating an ideal setting for multigenerational living where extended family can enjoy both privacy and proximity while also benefiting from rental income and long-term investment potential. This three-unit income property offers a compelling mix of in-place income and future upside. The three standalone units are situated on a generous 19,307 SF parcel with 635 SF detached garage that could be converted to an additional rental property (buyer to verify). Overall condition ranges from good to value-add, providing investors with the opportunity to improve and reposition over time. Detailed income and expense information and floor plans are included with the listing supplementals. Properties are offered separately but intended to be sold concurrently.
Make a winning offer with the help of a local agent
Around this home
Schools
K - 12
Preschool & daycare
Altadena Elementary School
Public K-5 • Assigned • 0.4mi
5/10
Eliot Arts Magnet
Public 6-8 • Assigned • 0.5mi
2/10
John Muir High School
Public 9-12 • Assigned • 1.2mi
4/10
Provided by GreatSchools
About Christmas Tree
Lane
Christmas Tree Lane, located between E Altadena Dr and E Mariposa St, is a residential and historic Altadena neighborhood with a deodar cedar canopy and early-20th-century architecture. The neighborhood’s character concentrates along Santa Rosa Ave, where the famed holiday light displays trace the median and front yards under towering evergreens. Craftsman bungalows and period cottages line calm blocks, with mountain views framing the north end. Sidewalk strolls and evening walks track the lane’s seasonal rhythm and year-round shade. Nearby, Loma Alta Park adds courts and open lawn, while Altadena Library anchors a civic, bookish note. A short drive south, the Pasadena Playhouse and Vroman’s Bookstore serve as cultural pillars tied closely to local routines.
Provided by Walk Score and Local Logic
Offer insights
547 E Woodbury Rd · $1,245,000
$1.24M and above
75% chance or better to win
Why $1.24M+ is a strong offer
DAYS ON MARKET
181 days
The average home goes pending in 69 days.
SALE-TO-LIST
97.6%
Most homes are selling 2% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Interior features
Ground-level entry
One-level home
Carbon monoxide detectors
Smoke detectors
All bedrooms on the main level
Fireplaces located on a patio and in a bath
Bedrooms
Unit mix includes one 1-bedroom unit, one 2-bedroom unit, and one 2-bedroom unit (all units unfurnished)
Bathrooms
Units include one full-bath (1-bed unit), one full-bath (2-bed unit), and one unit with one full and one half bath
Kitchen
At least two units include refrigerators
Three units include ranges
Two units have disposals
Laundry & utility
On-site laundry with washer and dryer included
Flooring
Carpet in one unit
Heating & cooling
Two wall air conditioning units
Exterior features
Asphalt roof
Chain link and wood fencing
Property has a view
Lot characterized as 2-5 units per acre; lot size recorded from public records
No pool
Home design
Single-story property
Property faces south
No ADU
Parking
Two garage spaces
Four uncovered parking spaces
Total of six parking spaces
Parking includes garage, combination driveway, and street parking
Construction
Year built recorded from public records
Utilities
Natural gas connected
Electricity connected (standard electric)
Water connected; water source listed as private and district/public
Public sewer
HOA & community
Community features include gutters, curbs, golf course access, hiking, foothills, and sidewalks
Financial info
Gross scheduled income: $60,780
Gross operating income: $57,741
Total actual rent currently $5,065
Net operating income: $29,297
Operating expenses: $29,444
Vacancy allowance rate: 5%
Vacancy allowance amount: 3,039
Expenses detail includes insurance, maintenance, water/sewer, trash, gardener, and taxes
Other
Rent control applies
Tenants pay gas, cable TV, and electricity
Property comprises three rentable units across four buildings with separate gas and electric meters for each unit
Electricity and solar
View estimated energy costs and solar savings for this home
Residential repair/replacement building permit - county
Roofing
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Local insights from Redfin agents
The Los Angeles County market is becoming more balanced, giving buyers a little more room to negotiate while well-priced homes can still attract strong interest. With homes taking longer to sell and buyers becoming more selective, pricing and...