This Multifamily Property is no longer advertised on LoopNet.com.

2058 Lake Ave
Altadena, CA 91001
Multifamily Property For Sale · 10 Units

Investment Highlights

  • Development Opportunity- Add additional units or build up to 58 low income housing units with Housing grant money.
  • Convert 3 two car garages into rental units
  • Near San Gabriel Mountains and Hiking trails
  • Room to add more units
  • Convenient access to grocery market
  • Add additional units to existing parking lot.

Property Facts

No. Units 10
Property Type Multifamily
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
  • Office Office Residential
Apartment Style Low-Rise
Building Class C
Lot Size 0.57 AC
Construction Status Demolished
Building Size 6,704 SF
Average Occupancy 100%
No. Stories 2
Year Built 1940
Parking Ratio 2.68/1,000 SF
Zoning C2 & C3 - Commercial, office and multifamily. Perfect location for Low Income housing. Up to 4 stories high. or add units on the north lot.

Amenities

Site Amenities

  • Laundry Facilities
  • Storage Space

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 7 $2,275 600 - 800
2+1 3 $2,500 700

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 5845-010-016
  • 5845-010-015
Land Assessment
$1,244,320
Improvements Assessment
$0
Total Assessment
$1,244,320
  • Listing ID: 31207670

  • Date on Market: 3/13/2024

  • Last Updated:

  • Address: 2058 Lake Ave, Altadena, CA 91001

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