2271 Lincoln Ave Altadena, CA 91001-5468
This exceptional commercial land offering presents a unique investment opportunity in the desirable Altadena, California market. Encompassing two vacant, unimproved lots totaling approximately 15,941 square feet (0.366 acres), this property is ideally situated at 2271 and 2261 Lincoln Avenue, conveniently located between Crosby Street and Archwood Place. The site benefits from a Commercial (C-3) zoning designation, providing flexibility for a variety of development possibilities. Its strategic location offers easy access to the I-210 Freeway, providing seamless connectivity to the I-605, I-10, and SR-60 freeways, enhancing accessibility and logistical advantages. Furthermore, proximity to the Lake Gold Line and Memorial Park Gold Line Stations adds to its appeal. The property's location also places it within a reasonable driving distance of both Hollywood Burbank and Los Angeles International Airports. Nearby amenities include the Altadena Sheriff's Station, LA County Public Works, Altadena Library, and Altadena Community Center, underscoring the area's well-established infrastructure. Altadena itself boasts a vibrant community with a mix of small businesses, restaurants, and charming residential areas, along with several public and private schools, including John Muir High School. While the property offers significant potential, prospective buyers are strongly encouraged to independently verify all zoning regulations, permitted uses, and building requirements with the Los Angeles County Planning Department. Note that any development involving ten or more housing units will be subject to a restrictive housing covenant mandating that at least 15% of the units be designated for affordable housing. The property is owned by the County of Los Angeles, and its APN is 5827-009-901,-902.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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
LCC3YY · 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.