428 Parkman
Altadena, CA, 91001
$850,000
MLS: 260013783SD
Beds
3
Baths
2
Sq Ft
1,560
Lot
0.33 ac
Year Built
1956
MLS #
260013783SD
Days on Market
6
Listed
Jun 7, 2026
Description
Exceptional opportunity to build in one of Altadena’s most desirable hillside neighborhoods. Located at the end of a quiet cul-de-sac, 428 Parkman offers a rare opportunity to build a custom dream home amid scenic beauty, established residences, and a breathtaking neighborhood character. The previous residence was lost in the recent fire, leaving a spacious lot with an existing pool and endless redevelopment potential. This property captures the essence of peaceful foothill living with nearby mountain views, mature surroundings, and a setting that offers privacy and tranquility while remaining conveniently close to Pasadena, shopping, dining, parks, and commuter access. The cul-de-sac location enhances the sense of exclusivity and creates an ideal setting for a luxury estate, a modern retreat, a multigenerational living opportunity, or an investment project. Utilities previously serviced the property. Buyers are encouraged to independently verify rebuilding requirements, lot dimensions, zoning, utility status, permits, environmental conditions, fire rebuild guidelines, and all development possibilities with Los Angeles County and applicable agencies. Rare opportunities like this are becoming increasingly limited in Altadena. Bring your vision and imagination to restore and reimagine this special property. Minutes from hiking trails, recreation, and the charm of nearby Pasadena districts, this property offers a unique blend of nature, community, and future value in a highly sought-after Altadena location.
Location
Altadena, Los Angeles County, CA 91001
Open on Google Maps ↗Listed by: Derrick Luckett · Destiny Six Financial RE Mortg
Payment estimate
$6,350
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $85,000 · Loan: $765,000
Average 30-yr fixed rate 6.52% as of Jun 11, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $4,845
- Property tax (1.25%)
- $885
- Homeowners insurance
- $300
- Mortgage insurance
- $319
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 Jun 11, 2026
- 30-year fixed
- 6.52%
- 15-year fixed
- 5.84%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
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 $29,750 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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Local Market Stats
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Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
★#1 Producing Individual Realtor — Antelope Valley
Only large teams outsell Mike Watson · Keller Williams Realty
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