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    2285 Lake Ave Altadena, CA 91001

    For Sale
    $199,999

    1,900 SF Commercial Land, $199,999

    Property size:
    1,900 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    Prime Altadena, CA commercial land totaling 1,900 square feet is available for purchase at $199,999. Located at 2285 Lake Ave, in the 91001 zip code, this special purpose property presents a unique investment opportunity. The property is situated in Los Angeles County, California, offering excellent access to local amenities and transportation. Currently, the site houses a long-established antique and estate jewelry business, providing potential for continued operation in a similar vein or redevelopment for alternative commercial uses. The 1,900 square foot lot offers ample space for various commercial ventures. This property is ideal for entrepreneurs seeking a well-located space in a thriving community. The established business on the site offers a potential income stream or a turnkey operation for a buyer. The property's location in Altadena provides access to a strong local customer base and significant foot traffic. This presents a rare chance to acquire a piece of Altadena's commercial landscape. The property's versatility allows for a range of potential uses, making it an attractive investment for both seasoned and new commercial property owners. Serious inquiries are encouraged to explore this exceptional opportunity.

    Property Features for 2285 Lake Ave

    General Information

    Property type
    Land
    Square Feet
    1,900 SF

    HighLights

    • $199,999 asking price.
    • 1,900 square foot lot.
    • Located at 2285 Lake Ave, Altadena, CA 91001.
    • Special purpose commercial land.
    • Zero units.
    Property Profile Location Intelligence

    Current Use by Public Records

    Freddy's Antiques & Estate ... Antique Store Cheap Car Insurance ... Auto Insurance Agency

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Altadena
    County
    Los Angeles
    State
    California
    Longitude
    -118.1317891
    Latitude
    34.1850573

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    FAQs

    What type of property is this?
    Land - 1,900 SF Commercial Land, $199,999
    Where is this land located?
    The property is located at 2285 Lake Ave Altadena, CA.
    What is the asking price?
    The asking price for this property is $199,999.
    What are key features of this property?
    This property features: $199,999 asking price.; 1,900 square foot lot.; Located at 2285 Lake Ave, Altadena, CA 91001.
    Request Owner's contact information
    2285 Lake Ave Altadena, CA 91001
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    Altadena, CA 91001
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2285 Lake Ave Altadena, CA 91001
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