2645 Fair Oaks Ave Altadena, CA 91001-5068
This exceptional Altadena commercial property, located at 2645 Fair Oaks Avenue, presents a unique investment opportunity. Boasting a prime C-3 zoning designation, this 12,191 square foot corner lot offers 1,134 square feet of existing building space currently operating at 100% occupancy under a month-to-month lease as a smog inspection station and used car lot. The high-traffic location on Fair Oaks Avenue in Los Angeles County, CA 91001, ensures maximum visibility and exposure for any business. The flexible zoning allows for a diverse range of commercial uses, making it ideal for owner-occupiers seeking a high-profile location or investors looking for future development potential. A large monument sign provides excellent branding opportunities. This adaptable property is ready to be leveraged for a successful commercial venture in a bustling Altadena commercial corridor. The asking price is $1,650,000, and the property is offered as a gross lease with a single tenant. This is a rare chance to acquire a well-situated commercial property in a thriving area.
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Altadena Auto Center Car Dealership
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
LCC3* · 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.