2000 Lake Ave | Altadena, CA 91001
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- LoopNet Team
2000 Lake Ave
Altadena, CA 91001
Millard Creek · Multifamily Property For Sale
·
11 Units
INVESTMENT HIGHLIGHTS
- A new construction luxury townhome mixed-use community built in 2019 and located in Altadena, California
- The residential units consist of eight (8) two-story townhomes each with 2 bedrooms and 2 1/2 bathrooms that range in size from 1,600-1,760 sq. ft
- There are two 1,000 sq. ft. commercial spaces currently occupied both with 5-year leases signed in 2020
- property is not subject to rent control and consists of both residential and commercial retail/office spaces
- There is also a 1 bedroom 1 ½ bath single story residential units that is a dedicated affordable income unit
- This new development is nestled in the charming area of North Lake Avenue with units that feature breathtaking views of the San Gabriel mountains
PROPERTY FACTS
| No. Units | 11 | Building Size | 16,440 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 2019 |
| Building Class | B | Parking Ratio | 1.82/1,000 SF |
| Lot Size | 0.39 AC | ||
| Zoning | C2 - Neighborhood Commercial | ||
| No. Units | 11 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.39 AC |
| Building Size | 16,440 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 2019 |
| Parking Ratio | 1.82/1,000 SF |
| Zoning | C2 - Neighborhood Commercial |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Dishwasher
- Storage Space
- Washer/Dryer
- Heating
- Stainless Steel Appliances
- Range
- Walk-In Closets
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+2 | 8 | $3,475 | 1,600 - 1,760 |
| 1+2 | 1 | $2,100 | 1,000 |
PROPERTY TAXES
| Parcel Number | 5845-016-041 | Improvements Assessment | $0 |
| Land Assessment | $1,562,401 | Total Assessment | $1,562,401 |
PROPERTY TAXES
Parcel Number
5845-016-041
Land Assessment
$1,562,401
Improvements Assessment
$0
Total Assessment
$1,562,401
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