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Property profile & analytics
OFF-MARKET
Auto shops

2231 Lincoln Ave Altadena, CA 91001-5469

414 SF 0.27 ac lot Built 1946
Entity Owned 10-yr Hold Free & Clear
Property ID
US09-6196081
Property summary
AI-generated overview

This exceptional 13,300-square-foot commercial lot presents a unique investment opportunity in Altadena, California. Located at 2231 Lincoln Avenue, this vacant, unimproved parcel is zoned Commercial (C-3), offering considerable development potential. The property sits on the west side of Lincoln Avenue, between Archwood Place and Alvey Street, in Los Angeles County. Its convenient location provides easy access to the I-210 Freeway, connecting to the I-605, I-10, and SR-60 freeways, ensuring excellent regional connectivity. The site benefits from an average daily traffic volume of approximately 15,000 vehicles on Lincoln Avenue. Nearby amenities include the Lake Gold Line Station and Memorial Park Gold Line Station, as well as Hollywood Burbank and Los Angeles International Airports. The area boasts a variety of local businesses, restaurants, and charming residential neighborhoods, including a notable "Millionaire's Row." Government services such as the Altadena Sheriff's Station, LA County Public Works, Altadena Library, and Altadena Community Center are also conveniently located nearby. Altadena itself offers a rich array of recreational opportunities, including Farnsworth Park, Rubio Canyon Trailhead, Echo Mountain Trail, the Cobb Estate, and Eaton Canyon Nature Center. Several public and private schools, including John Muir High School, serve the community. Potential development projects involving ten or more housing units should note a restrictive housing covenant requiring at least 15% of units to be designated for affordable housing. The property's APN is 5827-009-903, -900. All information should be independently verified by the buyer.

Property profile
Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1946
Construction WOOD
Total area 414 SF
Lot 0.27 ac (11,564 SF)
Zoning code LCM1*
APN 5827-011-903
UPID US09-6196081
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
County Of Los Angeles · 10 yrs held
County Of Los Angeles
since 2016
4 recorded transactions
2016
Price N/A
2008
$1.1M
1994
$300,000
1970
$11,000
Zoning & alternative use
LCM1* · Altadena, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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