2051 Mendocino Lane
Altadena, CA, 91001
$2,595,000
MLS: P1-24246
Beds
3
Baths
3
Sq Ft
3,380
Lot
0.30 ac
Year Built
1929
MLS #
P1-24246
Days on Market
183
Listed
Sep 24, 2025
Description
Timeless Monterey Colonial residence located on what has always been Altadena's most iconic street! Meticulously maintained by the same family for 28 years, this home is truly a treasure. The sweeping front yard, with mandarin and avocado trees, welcomes you home. Gleaming hardwood floors greet you at the front door and flow throughout the house. A formal entry leads into the living room, with beamed ceiling, crown moldings and a beautiful fireplace anchoring the room. Nearby is a cozy office with a brick fireplace, which makes for an ideal space to work from home. A spacious formal dining room provides a great setting for dinner parties and flows to the kitchen and family room. The updated kitchen has a large island with counter seating, plenty of cabinets for storage and a wine refrigerator. Vaulted ceilings, bookshelves and a fireplace make the family room a comfortable spot to relax while being close to the kitchen. A powder room completes the first floor. All main floor rooms have french doors that exit to the rear patio, ideal for entertaining. Upstairs is the sizable primary ensuite bedroom, with two walk-in closets and attached bathroom with two vanities. Two spacious bedrooms with large closets share a stylish hallway bathroom. All 3 bedrooms have doors to the second floor balcony that runs the length of the home. The backyard has an expansive brick patio, mature lemon and apple trees, and a lush garden, the perfect place for dining outdoors and enjoying the evening breeze. A 2-car garage is attached with a utility sink, 220v outlet, and plenty of storage cabinets. The home is close to the Altadena Town and Country Club, Prime Pizza, Armen Market and so much more.
Location
Altadena, Los Angeles County, CA 91001
Open on Google Maps ↗Listed by: Cynthia Salcido · COMPASS
Payment estimate
$18,326
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $259,500 · Loan: $2,335,500
- Principal & Interest
- $14,350
- Property tax (1.25%)
- $2,703
- Homeowners insurance
- $300
- Mortgage insurance
- $973
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 $90,825 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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