Altadena, CA

  • Overview
  • Performance
  • Listings
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Key Performance Metrics

Market snapshot

Performance indicators for the Altadena short-term rental market based on reliable data.

Listings

46 / 146

Reliable / Active

Cap Rate

2%

Middle-Earners Gross Yield

Revenue

$24,439

Middle-Earners Revenue

Occupancy

59%

Middle-Earners Occupancy

Home Value

$1,094,611

Median Home Sale Price

Top Earners

$54,210

Top-Earners Revenue

Altadena

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Altadena.

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C

Challenging to Investors

Altadena Regulations

STRs are explicitly allowed but heavily constrained by a primary‑residence requirement and a 90‑day cap for non‑hosted stays, which limits investor flexibility and reduces viable inventory. Permitting is multi‑step (registration certificate, business license, TOT setup) with annual renewals and monthly TOT filings, adding moderate cost/complexity. Enforcement is active with platform penalties for unregistered listings, raising compliance risk for investors.

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About Altadena

Overview of Altadena, CA and Its Appeal for Short-Term Rentals

Altadena is an unincorporated area and a census-designated place in Los Angeles County, California. It lies immediately north of the city of Pasadena and approximately 14 miles from downtown Los Angeles. This proximity to a major metropolitan area makes Altadena an attractive destination for short-term rentals.

As of the 2020 census, Altadena has a population of approximately 45,000 residents. The city offers a unique blend of suburban tranquility and urban accessibility, which is a major draw for visitors.

Key Landmarks

  1. Mount Wilson Observatory: This landmark is a significant scientific facility located in the San Gabriel Mountains at an elevation of 5,710 feet. It is renowned for its astronomical discoveries and offers tours for visitors. More information can be found at Mount Wilson Observatory.

  2. Eaton Canyon Natural Area: Spanning over 190 acres, this nature preserve provides hiking trails, equestrian trails, and a nature center. It’s an excellent spot for outdoor activities and is popular among both residents and visitors. Learn more on the Eaton Canyon website.

  3. Christmas Tree Lane: This historic landmark has been lighting up the holiday season since 1920. It features a nearly one-mile stretch of deodar cedar trees adorned with Christmas lights. More information can be found at Christmas Tree Lane's website.

  4. The Bunny Museum: In Altadena, you'll find what is billed as "The Hoppiest Place in the World," a museum dedicated to all things bunny-related. It’s quirky and unique, making for an interesting visit. Read more at The Bunny Museum's website.

Benefits for Short-Term Rentals

  1. Proximity to Los Angeles: Being just a short drive from downtown LA, Altadena allows visitors to enjoy the buzz of city life while retreating to a more peaceful setting at the end of the day.

  2. Natural Beauty: With its close proximity to the Angeles National Forest and multiple hiking trails, Altadena is ideal for those looking to engage in outdoor activities.

  3. Cultural and Historical Sites: The town boasts various cultural landmarks and historical sites, providing visitors with plenty of activities to do during their stay.

Overall, Altadena’s blend of natural beauty, historical landmarks, and proximity to urban centers make it an appealing location for short-term rentals.

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