Local Affordable Housing Developer Acquires Development Site In Altadena For $6.25M

A local affordable housing developer acquired a 1.08-acre development site located at 2214 North Windsor Avenue in Altadena, CA, for $6,250,000. The asset is fully entitled for a mixed-use project consisting of 54 units aimed at assisting families affected by the Eaton Fire.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $6,250,000
• Address: 2214 North Windsor Avenue
• Market: Altadena, CA
• Acres: 1.08
• Brokers: Kathi Constanzo & Bill Ukropina - Coldwell Banker

The transaction reflects the commitment to support Altadena’s post-wildfire recovery efforts through the development of housing specifically for displaced families. Kathi Constanzo and Bill Ukropina represented the seller in this significant deal.