2122 Navarro Avenue
Altadena, CA, 91001
$1,490,000
MLS: P1-26769
Beds
4
Baths
4
Sq Ft
2,443
Lot
0.19 ac
Year Built
1925
MLS #
P1-26769
Days on Market
0
Listed
Apr 22, 2026
Description
Rare opportunity to own an income-producing two-on-a-lot in the heart of Altadena. This versatile property offers the perfect blend of immediate rental income and long-term upside.Front House -- 3 Bed | 2 BathThe front home retains its original character and charm, presenting a fantastic opportunity for buyers looking to personalize and add value. A true blank canvas with solid bones in a sought-after Altadena neighborhood.Back House -- 2 Bed | 2 BathThe rear unit has been tastefully updated throughout and is currently tenant-occupied with a lease in place for approximately one year -- delivering stable, immediate rental income from day one. 3-Car GarageUpdated and well-maintained, offering ample parking and storage, or potential for future conversion (buyer to verify with county).Why This Property Stands Out:Live in front, collect rent from the backExisting lease provides income from close of escrow.Spacious updated rear unit with 2 full baths is a strong rental draw.Located in desirable Altadena, minutes from the foothills, local dining, and the 210 FreewayBuyer to verify all square footage, permits, and zoning. Existing tenant lease to be honored per terms.
Location
Altadena, Los Angeles County, CA 91001
Open on Google Maps ↗Listed by: Gretchen Palmer · COMPASS
Payment estimate
$10,650
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $149,000 · Loan: $1,341,000
- Principal & Interest
- $8,239
- Property tax (1.25%)
- $1,552
- Homeowners insurance
- $300
- Mortgage insurance
- $559
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Apr 23, 2026
- 30-year fixed
- 6.23%
- 15-year fixed
- 5.58%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Altadena home with as little as 3.5% down using an FHA loan — roughly $52,150 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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