2012 Lk Ave Altadena, CA 91001-2450
This exceptional Altadena property offers 1,600 square feet of retail or restaurant space, situated on an 8,000 square foot lot. The property features two existing buildings (approximately 500 and 1,100 square feet), presenting a unique adaptive reuse opportunity. The expansive lot allows for the potential development of an outdoor patio, enhancing the property's appeal. Built in 1920, this single-story building is located at 2012 Lake Avenue, near the intersection of N Lake Ave, in a charming historic neighborhood, offering excellent visibility and accessibility. The property's location on a major retail thoroughfare provides convenient access to the I-210 freeway, ensuring high traffic volume and exposure. This is an ideal opportunity for a single tenant or a multi-tenant configuration, capitalizing on the property's unique character and prime location in Altadena, Los Angeles County, California (Zip code 91001). The property's APN is 5845-010-023. The entire 1,600 square feet is currently vacant. This presents a blank canvas for a creative and successful business venture.
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KC Service Station- Filming Location Film Production
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
LCC2* · Altadena, CAAltadena. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.