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Under ContractSingleFamilyResidence

781 Morada Place

Altadena, CA, 91001

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$1,199,000

Original list price: $1,300,000

MLS: P1-28858

Beds

2

Baths

2

Sq Ft

1,186

Lot

0.17 ac

Year Built

1940

MLS #

P1-28858

Days on Market

39

Listed

Sep 16, 2026

Description

**HUGE VALUE** Priced below purchased price in 2021 and taking a loss on that plus $250,000 in upgrades. Gorgeous home! Don't miss this opportunity!Welcome to this absolutely charming two bed, two bath residence, with an expansive bonus room in the converted garage, all impeccably done to offer the very best amenities & finishes. You enter the light-filled home, with gleaming hardwood floors, via the elegant front foyer that welcomes you into a gorgeous living room, with a stately center fireplace. The interior is an entertainer's delight that allows for an ideal flow into the sun-drenched formal dining room that adjoins the fully remodeled kitchen with new quartz counters, an island with seating, custom cabinetry as well as stainless steel appliances. The adjacent powder room has new ceramic tile and is truly picture-perfect. Both spacious bedrooms feature high-end closet systems with ample room for clothes and storage. Finally, the primary bathroom is newly tiled with a designer shower and spa tub. The home was completely renovated & intended for the owner's use. The comprehensive scope of work includes new electrical wiring including an upgraded 200 amp panel, a replumb of all the water lines, installation of a new sewer line all the way to the city connection plus a new gas line. The property also features a whole-house drinking water system that eliminates the need for filter replacements. The attic and basement have been cleaned & new roof insulation was added. In addition, the entire house has a new central heating & air conditioning system. The garage has been reimagined as an incredible 327 SF bonus room that is ideal to be used as a fitness area, studio or office. It has been fully redone with a beamed ceiling, new insulation and drywall plus a new mini-split HVAC system. All structures have recently installed roofs as well as new energy-efficient windows and doors throughout. No detail has been overlooked! The backyard has a concrete patio that's ideal for outdoor celebrations with friends or simply as a serene place to sit and greet the day. The private lot creates a peaceful environment that offers sweeping views of our magnificent San Gabriel Mountains. The front offers idyllic curb-appeal with a drought tolerant, California Native garden, an Arizona Rosa flagstone patio, a wide driveway, a hand crafted wood gate & a new invested over $250,000 over the last 4 years. Like a new home but better! Don't miss this beautiful propert

Location

Altadena, Los Angeles County, CA 91001

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Listed by: Dhari Thein · COMPASS

Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.

Payment estimate

$9,353

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $119,900 · Loan: $1,079,100

%

Average 30-yr fixed rate 7.24% as of Oct 29, 2026 (Freddie Mac PMMS). Adjust to your quote.

Principal & Interest
$7,354
Property tax (1.25%)
$1,249
Homeowners insurance
$300
Mortgage insurance
$450
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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 Oct 29, 2026

30-year fixed
7.24%
15-year fixed
6.60%

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 $41,965 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

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Listing data provided by the MLS · Presented by Watson & Associates · Keller Williams Realty · mikewatsonrealtor.com
All information deemed reliable but not guaranteed. Contact listing agent to verify.