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Property profile & analytics
OFF-MARKET
Auto shops

2645 Fair Oaks Ave Altadena, CA 91001-5068

1,134 SF 0.28 ac lot Built 1959
Individually Owned 32-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US09-9031107
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1959
Total area 1,134 SF
Lot 0.28 ac (12,191 SF)
Zoning code LCC3*
APN 5835-007-025
UPID US09-9031107
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
Current use
Occupant on record · Public records
  • Altadena Auto Center Car Dealership
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Khadija Afzal · 32 yrs held
Khadija Afzal
since 1993
7 recorded transactions
2024
Price N/A
2022
Price N/A
2017
Price N/A
1993
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
LCC3* · Altadena, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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