Description
Located along the high-visibility corridor of Lake Avenue, this 9,000± square foot parcel presents a rare opportunity for investors, developers, or owner-users to reimagine a high-demand commercial site in the heart of Altadena. Formerly home to a freestanding office building lost in the Eaton Canyon fires, the property offers a clean slate with valuable C3 commercial zoningpermitting a broad range of potential uses including retail, office, service-based businesses, and mixed-use development with residential above. Additionally, high density opportunities are also available for developers who are adept to navigating the entitlement landscape. This area is poised for revitalization, offering the chance to be among the first to shape the new commercial landscape of North Lake Avenue. Neighboring properties have already started obtaining permits for mixed use retail and residential development. The location benefits from a strong daytime population, steady commuter traffic, and close proximity to the foothills and trailheads that make Altadena a unique and desirable community. With utilities already on site and existing curb cuts in place, the parcel is ready for a visionary new project.
Details
| MLS # | GD26127919 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Pending |
| Days On Site | 80 |
| Listing Provided By | Keller Williams R. E. Services | Kirk Garabedian |
Features
| Zoning | C3 |
|---|---|
| Acreage | 0.21 |
| Property View | Yes |
Exterior
| Lot Features | Rectangular Lot |
|---|
Utilities
| Utilities | Cable Available, Cable Connected, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available, Phone Connected, Water Available, Water Connected |
|---|
Location
| Community Features | Biking |
|---|
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | Altadena |
| Zip Code | 91001 |
| Area | 604 Altadena |
| Listing VS Median (in 91001) | |
Price: $895,000 low | high Med: $1,245,000 On site: 80 low | high Med: 111 | |
Market Activity 91001
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Altadena |
| Zip Code | 91001 |
| Area | 604 Altadena |
| Listing VS Median (in 91001) | |
Price: $895,000 low | high Med: $1,245,000 On site: 80 low | high Med: 111 | |
