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Altadena Commercial Land Opportunity
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2427 Lake Ave, Altadena, CA 91001

Cleared commercial land for redevelopment in a high-demand area.

Property SizeContact for details
Days on Market163

Property Features for 2427 Lake Ave

General Information

Standard status Active
Property subtype Land, Retail
Zoning LCC3*
Listing Agency: Agency 8 Real Estate Group
Listed By: Abraham Prattella · License #01506646
Source: Crexi
Added: Mar 4 Changed: Aug 11 Last Checked: Aug 13 at 9:16AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Agency 8 Real Estate Group

Investment Insights

Based on property information with market context.

This is a rare opportunity to acquire commercial land in Altadena. The existing structure was lost in a recent fire, leaving a cleared site ready for redevelopment. This offering is for land value only, presenting a blank slate for investors, developers, or owner-users looking to build new. The property is zoned for commercial use, and the buyer is responsible for verifying permitted uses. The property offers frontage and visibility along Lake Avenue, a well-traveled corridor surrounded by established businesses and residential neighborhoods. It is ideal for retail, office, mixed-use, or other commercial development. Utilities were previously connected, but the buyer must verify their status. The property has excellent upside potential in a growing area with high demand for new commercial projects and is sold as-is. The buyer must conduct all due diligence regarding zoning, rebuilding requirements, and utilities.

Key Highlights

  • Cleared commercial land in prime Altadena location.
  • Strong frontage and visibility on Lake Avenue.
  • Zoned for commercial use (buyer to verify).

Property Analytics

Current Use

Ezzz Stop Food ... Grocery & Convenience Store ATM Atm US Crypto ATMs ... Atm

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Hair Salon Auto Repair Shop Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

810
Businesses Nearby

Demographics for 91001, CA

36,578
Population
13,335
Households
2.7
Avg Household Size
45
Median Age
52%
College-Educated
93%
High-School Grad
8.3 sq mi
ZIP Area
4,407
Density / Sq Mi
$133,840
Median Household Income
$64,449
Median Earnings
$2,298
Median Rent
$1,085,000
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - Cleared commercial land for redevelopment in a high-demand area.
Where is this commercial land located?
The property is located at 2427 Lake Ave Altadena, CA.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Cleared commercial land in prime Altadena location.; Strong frontage and visibility on Lake Avenue.; Zoned for commercial use (buyer to verify).
(909) 589-8808 Call to check price and availability
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