2151 Lake Avenue Altadena, CA ^$ 1,160,000

2151 Lake Avenue

^$ 1,160,000

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2151 Lake Avenue

Altadena, CA, 91001

^$ 1,160,000

Studio Baths0.0 Sq 1,941

Monthly Estimate*

^$ 8,103

Listed by Buckingham Investments, Inc

2151 Lake Avenue, Altadena, CA 91001 - Image 1

2151 Lake Avenue, Altadena, CA 91001 - Image 2

2151 Lake Avenue, Altadena, CA 91001 - Image 3

2151 Lake Avenue, Altadena, CA 91001 - Image 4

2151 Lake Avenue, Altadena, CA 91001 - Image 5

2151 Lake Avenue, Altadena, CA 91001 - Image 6

2151 Lake Avenue, Altadena, CA 91001 - Image 7

2151 Lake Avenue, Altadena, CA 91001 - Image 8

2151 Lake Avenue, Altadena, CA 91001 - Image 9

2151 Lake Avenue, Altadena, CA 91001 - Image 10

2151 Lake Avenue, Altadena, CA 91001 - Image 11

2151 Lake Avenue, Altadena, CA 91001 - Image 12

2151 Lake Avenue, Altadena, CA 91001 - Image 13

2151 Lake Avenue, Altadena, CA 91001 - Image 14

2151 Lake Avenue, Altadena, CA 91001 - Image 15

2151 Lake Avenue, Altadena, CA 91001 - Image 16

2151 Lake Avenue, Altadena, CA 91001 - Image 17

2151 Lake Avenue, Altadena, CA 91001 - Image 18

2151 Lake Avenue, Altadena, CA 91001 - Image 19

Studio

Commercial Property for sale in Altadena, CA

for $1,160,000. This 1,941 square foot building was built in 1923 on a lot size of 0.1894.

This large, 1941 sqft medical building previously served as a dentist's office and is now the Altadena Boys and Girls Academy. The layout lends itself to configuring the space into ~10 offices/patient rooms, with a large lobby/intake area in the middle of the building. There is a large ~3200 sqft paved lot behind the building accessible via the driveway to the South of the structure. Leasing to a NNN Medical tenant would command significantly higher rents and dramatically lower the expenses, resulting in a 6.5-7% Cap property. The property is available alone, or together with the adjacent house (zoned commercial) at 2159 Lake Ave. in listing SB23095443. Seller financing will be considered with qualified offers. The garages are part of the neighboring property and will not be included with the sale of 2151 Lake.

Commercial Active

Price

^$ 1,160,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 0

Style

SpecialPurpose

Lot Size

0.1894

Year Built

1923

Town/City

Altadena

County/Region

Los Angeles

MLS | Web ID

SB24050561

Days on Market

Features

General

Utilities NaturalGasConnected SewerConnected WaterConnected

Year Built 1923

Property SubType SpecialPurpose

County Los Angeles

New Construction N

Property Type CommercialSale

HOA / Comm Assn N

Attached Garage N

Garage Y/N N

Special Listing Conditions Trust

Status Active

Directions West Side of Lake Ave ~2 miles North of the 210.

City Altadena

View Y/N N

Senior Community Y/N N

MLS Area 604 - Altadena

Lot Size Square Feet 8251.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name Lake

Listing Terms Cash CashtoNewLoan OwnerWillCarry

Property Attached Y/N N

Land Lease Y/N N

Home Warranty Y/N N

Current Financing None

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 0

Building Area Units SquareFeet

Standard Status Active

Occupancy Description Tenant

Property Sub Type Additional SpecialPurpose

Exterior

Lot Features Item01UnitAcre NearPublicTransit RectangularLot

Water Source Public

Lot Size Area 8251.0

Number of Buildings 1

Spa N

Building Area Total 1941.0

Lot Size Acres 0.1894

Lot Size Units SquareFeet

Lot Size Source Assessor

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 1

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N N

Fireplace Y/N N

Street Suffix Avenue

Laundry Features None

Entry Level 1

Electric On Property Y/N N

Internal Only

Street Number 1 2151

* Excluded Features

List By

Buckingham Investments, Inc

Broker

(310) 982-7055

Phone

Affordability Calculator

$8,103

Per Month

Monthly Principal & Interest: $8,103
Monthly Property Taxes: --
Monthly Home Insurance: --

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Down Payment

Loan Term

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Altadena, CA

Average List Price ^$886,667

Percent of Sale Price 24%

About Altadena, CA

42,892 Population

1% Since 2002

^$89,392 Median Income

43.89 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/13/2024	$1,160,000		Listed Price

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2151 Lake Avenue, Altadena, CA, 91001 is a Commercial Property for sale at $1,160,000 with 1,941 sqft and a lot size of 0.1894. 2151 Lake Avenue is a studio with 0.0 baths and was built in 1923. The property's zip code is 91001 which is in Altadena, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 5/5/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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2151 Lake Avenue

Commercial Property for sale in Altadena, CA

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