2117 Lake

Altadena, CA 91001

About this property

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.

About this property

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.

Features and Additional Information

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$895,000 Pending
0 sqft

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Area Information

604 Altadena | Los Angeles County |

$ 895,000
This listing is play_arrow 28.1% lower than the average in the area
$ 1,245,000 in the area
0 SqFt
This listing is play_arrow 0% larger than the average in the area
0 SqFt in the area
$ 0 $/SqFt
This listing is play_arrow 0% less than the average in the area
$ 0 $/SqFt in the area
77 days on site
This listing is play_arrow 28.7% below the average in the area
108 days on site in the area

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Listed By Kirk Garabedian
Brokerage: Keller Williams R. E. Services

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