Altadena Commercial Land
2427 Lake, Altadena, CA 91001
For Sale
$1,500,000
Cleared commercial land for redevelopment in a high-demand area.
Property SizeContact for details
Days on Market234
Property Features for 2427 Lake
General Information
Standard status
Property subtype
Listing Agency:
AGENCY 8 REAL ESTATE GROUP
(909) 589-8808
Listed By:
Abraham Prattella · License CA #01506646
(909) 851-9953
Source:
Exitrealty
Added: Mar 27
Changed: Oct 25
Last Checked: Oct 24 at 3:58PM
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
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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).
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Location Intelligence
Trade Area within ½ mile
810
Businesses Nearby
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Business Placement
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
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Market
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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 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).
