2141 Lake Avenue,  Altadena CA, 91001 (Commercial)

Status: Sold
MLS#: SB15077973
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Last Updated: 12/5/2016 10:57 AM
Description for 2141 Lake Avenue Altadena, CA 91001
Lender owned. Seller prefers cash but could carry 70% 1st TD. Last sold for 591K in 2007, assessed at 633K. Mixed use + billboard on dead-flat 8128 sq. ft. C3 lot. Best Altadena location on Lake Ave., 4 blocks from Pasadena. C3 unlimited zoning allows mixed use, apartments with CUP and every commercial use you can think of - see list in media. 948 sq. ft. nail salon in front, 772 sq. ft. 2 bed house in rear, 12+ car parking. Will be delivered va-cant. (See floorplan + lease in media). Billboard lease (from 2007, see lease in media) is $1400. Buyer can renegotiate in 2 years. Great exposure on major street in an affluent neighborhood with a Mayberry feel: post office, sheriff station, community center, fire station, elementary and middle schools are all up the street, and less than a mile to great hiking in Angeles National Forest. OMC 1st or 2nd, + SBA financing available w/10% down (see agent remarks).
Price
Sold Price:
$550,000
Sold Date:05/12/2015
Los Angeles
SB15077973
Closed
Description
Lender owned. Seller prefers cash but could carry 70% 1st TD. Last sold for 591K in 2007, assessed at 633K. Mixed use + billboard on dead-flat 8128 sq. ft. C3 lot. Best Altadena location on Lake Ave., 4 blocks from Pasadena. C3 unlimited zoning allows mixed use, apartments with CUP and every commercial use you can think of - see list in media. 948 sq. ft. nail salon in front, 772 sq. ft. 2 bed house in rear, 12+ car parking. Will be delivered va-cant. (See floorplan + lease in media). Billboard lease (from 2007, see lease in media) is $1400. Buyer can renegotiate in 2 years. Great exposure on major street in an affluent neighborhood with a Mayberry feel: post office, sheriff station, community center, fire station, elementary and middle schools are all up the street, and less than a mile to great hiking in Angeles National Forest. OMC 1st or 2nd, + SBA financing available w/10% down (see agent remarks).
Listing Information
Property Type: Retail, Other
0.19 Acres 1923
Neighborhood
Room Information
Interior Features
Wall Unit
Exterior / Lot Features
10 Parking Spaces
None
Financial Considerations
5845023022
Listing Price History

Altadena Real Estate

Altadena is located in California. Altadena, California 91001 has a population of 44,578.

The median household income in Altadena, California 91001 is $82,854. The median household income for the surrounding county is $56,241 compared to the national median of $53,046. The median age of people living in Altadena 91001 is 41.7 years.

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Courtesy: Nordine Realtors, Inc. Leo Nordine
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