• Altadena Professional Building - 2117-2119 N Lake Avenue, Altadena, CA 91001

For Sale

Office

For Sale

This property is available for sale
0.2
Acres
$1,400,000
Sale Price
  • Year Built
    1923
  • Total Building Size
    3,878 RSF
  • Overview

    Part of the greater Los Angeles metropolitan area, Altadena is the “upper garden” north from Pasadena. Altadena is located 14 miles north from downtown Los Angeles. The history of the area is as an escape for the wealthy Midwest families from the factories of the Midwest and the city living in downtown Los Angeles. The founders envisioned a community of both peaceful living and a resort town. As a result, the area is full of hiking trails, scenic views and historic homes. The community has grown from its small beginning and is now both a nice place to live and an economically diverse community. The building is located on Lake Avenue, a major thoroughfare through the community. Lake Avenue connects Altadena with Pasadena and the Los Angeles Freeway system. KW Commercial has been selected to exclusively represent for sale a newly remodeled, multi tenant office building located in Altadena, California (just east of Pasadena and the Rose Bowl). The property is partially occupied and offers a new buyer the opportunity to enhance an investment with new market rate leases or an owner occupant the option to use SBA financing and reduce their cost of occupancy. The offering consists of two buildings on an 8,706sf, LACC3 zoned parcel. The main office is a newly remodeled two story office building totaling 3,038sf. The main building features two suites on the first floor (441sf, 1078sf), a fully remodeled restroom and main entry. The second floor is an all inclusive suite with two remodeled restrooms, large open creative spaces, a separate entrance and views of the San Gabriel mountains. An additional creative space is a separate structure on the westerly portion of the lot. It features approximately 804 sf and has a fully equipped kitchen, a remodeled restroom, a large office and a second space that could be an office or possibly a live work space.

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Property Details

Part of the greater Los Angeles metropolitan area, Altadena is the “upper garden” north from Pasadena. Altadena is located 14 miles north from downtown Los Angeles. The history of the area is as an escape for the wealthy Midwest families from the factories of the Midwest and the city living in downtown Los Angeles. The founders envisioned a community of both peaceful living and a resort town. As a result, the area is full of hiking trails, scenic views and historic homes. The community has grown from its small beginning and is now both a nice place to live and an economically diverse community. The building is located on Lake Avenue, a major thoroughfare through the community. Lake Avenue connects Altadena with Pasadena and the Los Angeles Freeway system. KW Commercial has been selected to exclusively represent for sale a newly remodeled, multi tenant office building located in Altadena, California (just east of Pasadena and the Rose Bowl). The property is partially occupied and offers a new buyer the opportunity to enhance an investment with new market rate leases or an owner occupant the option to use SBA financing and reduce their cost of occupancy. The offering consists of two buildings on an 8,706sf, LACC3 zoned parcel. The main office is a newly remodeled two story office building totaling 3,038sf. The main building features two suites on the first floor (441sf, 1078sf), a fully remodeled restroom and main entry. The second floor is an all inclusive suite with two remodeled restrooms, large open creative spaces, a separate entrance and views of the San Gabriel mountains. An additional creative space is a separate structure on the westerly portion of the lot. It features approximately 804 sf and has a fully equipped kitchen, a remodeled restroom, a large office and a second space that could be an office or possibly a live work space.

  • Property Type
    Office
  • Submarket
  • Year Built
    1923
  • Sale Price
    $1,400,000
  • Total Building Size
    3,878RSF
  • Total Acres
    0.2
  • Building Class
    C
  • Sale Status
    Available
  • Property ID
    1997663

Landlord's Sales Representative

  • John Bunch