Share This Listing

Message

965 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Investment Highlights

  • ±9,000 SF commercial parcel on highly visible Lake Avenue
  • Former office building site; now a redevelopment opportunity
  • Existing curb cuts provide convenient site access
  • Valuable C3 zoning allowing a variety of commercial and mixed-use uses (Buyer to verify)
  • Prime location within Altadena's rebuilding and revitalization corridor
  • Rare chance to help shape the future of North Lake Avenue

Executive Summary

* ±9,000 SF commercial parcel on highly visible Lake Avenue
* Valuable C3 zoning allowing a variety of commercial and mixed-use uses (Buyer to verify)
* Former office building site; now a redevelopment opportunity
* Prime location within Altadena's rebuilding and revitalization corridor
* Excellent street frontage and exposure
* Strong traffic counts and commuter visibility
* Utilities previously serviced the site
* Existing curb cuts provide convenient site access
* Near residential neighborhoods, retail amenities, and the San Gabriel foothills
* Potential opportunity for investors, developers, or owner-users
* Surrounded by ongoing redevelopment and reconstruction activity
* Rare chance to help shape the future of North Lake Avenue
Located along the highly visible Lake Avenue corridor, this approximately 9,000 square foot parcel presents a compelling opportunity for investors, developers, and owner-users seeking a premier redevelopment site in the heart of Altadena. Formerly improved with a freestanding office building that was lost in the Eaton Fire, the property now offers a rare blank canvas with valuable C3 zoning, allowing for a wide range of commercial and mixed-use possibilities (Buyer to verify all development potential with the appropriate governmental agencies).
As Altadena continues its recovery and rebuilding efforts, North Lake Avenue is emerging as one of the area's most significant revitalization corridors. Nearby property owners have already begun pursuing approvals for new mixed-use and residential developments, creating momentum for long-term growth and reinvestment. The site benefits from excellent street visibility, strong traffic counts, convenient access to surrounding residential neighborhoods, and close proximity to the San Gabriel foothills and recreational amenities that contribute to Altadena's enduring appeal.
With existing utility connections, established curb cuts, and a strategic location along one of the community's primary commercial thoroughfares, this property offers a unique opportunity to participate in the next chapter of Altadena's redevelopment and resurgence.

Property Facts

Price $895,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
  • Mixed Use
  • Multifamily
  • Apartment Units
  • Apartment Units - Condo
  • Apartment Units - Dorms
  • Apartment Units - Senior
  • Apartment Units - Subsidized
  • Auto Repair
  • Bank
  • Bar
  • Carwash
  • Community Center
  • Contractor Storage Yard
  • Convenience Store
  • Daycare Center
  • Fast Food
  • Food Processing
  • Garden Center
  • General Freestanding
  • Healthcare
  • Health Club
  • Hold For Development
  • Hold For Investment
  • Hotel
  • Industrial Live or Work Unit
  • Lodge or Meeting Hall
  • Loft or Creative Space
  • Medical
  • Motel
  • Movie, Radio or Television Studio
  • Neighborhood Center
  • Parking Lot
  • Planned Unit Development
  • Police or Fire Station
  • Post Office
  • Research and Development
  • Radio or Television Transmission Facility
  • Rehabilitation Center
  • Religious Facility
  • Restaurant
  • Retail Warehouse
  • Schools
  • Self Storage
  • Specialty, Festival or Entertainment
  • Storefront
  • Storefront, Retail or Office
  • Storefront, Retail or Residential
  • Strip Center
Total Lot Size 0.21 AC
No. Stories 1
Zoning C-3 - Property is Zoned Los Angeles County C3

1 Lot Available

Lot

Price $895,000
Price Per AC $4,475,000.00
Lot Size 0.20 AC

The lot is a rectangle shape approximately 52' x 184'. It has one curb cut from Lake Ave.

Moderately walkable
60/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
5845-023-019
Land Assessment
$639,783
Improvements Assessment
$0
Total Assessment
$639,783
  • Listing ID: 40895327

  • Date on Market: 6/12/2026

  • Last Updated:

  • Address: 2117 Lake Ave, Altadena, CA 91001

Contact the Sale Advisor

2117 Lake Ave

Have an account? Log In

What's your inquiry about?*

Select Option

Select at least one option

Preferred Date*

Preferred date is required

First Name*

Last Name*

Email*

Email address is required

Phone*

Ext (optional)

Company (optional)

Message*

Message is required

{{getContactFormMessageFieldCharacterCount()}} out of 600

New to LoopNet? No problem. We'll automatically create a free account for you. By clicking the button, you agree to LoopNet's Terms of Use and Privacy Notice.

Hmm, there seems to have been an error sending your message. Please refresh the page and try again.

Your message has been sent.
Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}