Commercial property
Listing Agent: Natalie Said (DRE #01742943) · Listing Office: Coldwell Banker Realty · Contact: 626-215-5283 · Bought with: Natalie Said · Coldwell Banker Realty · MLS #AR25036653 · Source: CRMLS
2598 Raymond Avenue sold for $775,000 in March 2025, 3.3% over its $750,000 list price, after 4 days on the market.
Figures are MLS-reported closed sales (CRMLS). Nalren does not estimate values.
Developers……Build Your Dream Home or Investment Property in Altadena Discover an exceptional opportunity to build your dream home or investment property on this expansive 15,213 square-foot lot. Formerly hosting a charming duplex built in 1926, the property at 2598 Raymond Ave and 2600 Raymond Ave stands as a blank canvas, ready for a new vision. The property has separate meters for all utilities for each address. As one of the properties lost in the Eaton Fire, this lot presents a rare chance to create something truly special. Key Features: • Zoned Multi-Family (RM-2): This property offers incredible flexibility, allowing for a custom single-family home, duplex, or multi-unit development, making it an excellent opportunity for homeowners and investors alike. • Generous Lot Size: Spanning approximately 0.35 acres, this substantial parcel provides ample space for a custom residence, multiple units, gardens, and outdoor amenities • Endless Potential: With the original structures no longer present, buyers have the freedom to design a personalized sanctuary or an income-generating property tailored to their vision. This is a unique chance to be part of Altadena’s rebuilding story and create something truly special! Whether you’re looking to build a dream home or a lucrative investment, the possibilities are limitless!
Listing description from the March 2025 sale, as reported to CRMLS.