Altadena, CA
Commercial Real Estate Market Trends & Data

$467 Avg asking sale price
$624 Avg asking lease rate
3,648 SF Avg unit lease size
5,599 SF Avg building size for sale
4.92% Average cap rate

Altadena's Demographic Profile

Altadena has 14,318 households and a median income of $121,046, providing context for rent absorption and tenant demand across retail and multifamily assets. A -4% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 40,095
# Households 14,318
Median age 47
Median household income $121,046
Avg household size 3.0
Renter-occupied housing units 4,018
5-year population change -4%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Altadena, CA

↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Pasadena $514 21,506 SF 6.36%
La Canada Flintridge $533 7,105 SF 5.64%
Flintridge $747 7,105 SF 5.64%
Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
Pasadena $554 22,047 SF 6.00%
Glendale $530 53,156 SF 7.00%
Nearby Retail Markets Avg Cost/SF Typical Size
Altadena $690 2,541 SF
Pasadena $673 13,271 SF
Flintridge $578 4,355 SF
San Marino $625 3,193 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Altadena $399 8,155 SF 5.97%
Pasadena $550 7,199 SF 6.50%
South Pasadena $447 13,387 SF 6.08%
Eagle Rock $413 20,578 SF 6.47%
Glendale $491 14,411 SF 6.56%

Commercial Properties For Sale in Altadena

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

Altadena Duplex

Altadena, CA 91001

  • 4,060 SF Multifamily
  • 3.05% Cap Rate
  • $699,000
For Sale

2117 Lake Ave

Altadena, CA 91001

  • 0.20 AC Lot
  • 1 Commercial Lot
  • $895,000
For Sale

1677 N Lake Ave

Pasadena, CA 91104

  • 9,118 SF Multifamily
  • $2,975,000
For Sale

2835 Casitas Ave

Altadena, CA 91001

  • 4,259 SF Multifamily
  • 5.73% Cap Rate
  • $2,188,000
For Sale

2629-2643 1/2 Lake Ave

Altadena, CA 91001

  • 12,652 SF Multifamily
  • 5.52% Cap Rate
  • $5,150,000
For Sale

Duplex On N Hill Ave

Pasadena, CA 91104

  • 1,881 SF Multifamily
  • 3.57% Cap Rate
  • $1,100,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

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Nearby Commercial Markets

Comparing nearby markets helps investors see whether Altadena pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Altadena $467 5,599 SF
Pasadena $559 15,449 SF
La Canada Flintridge $553 5,261 SF
Flintridge $809 5,487 SF
San Marino $470 14,607 SF

Regional Demographic Comparison

This comparison places Altadena alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Altadena or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Altadena 40,095 14,318 47 $121,046 3 4,018 -4%
Pasadena 133,920 55,910 42 $95,192 2 32,391 -3%
La Canada Flintridge 19,429 6,397 47 $193,341 3 828 -4%
Flintridge 19,580 6,460 47 $191,984 3 865 -4%
San Marino 12,112 4,035 49 $189,804 3 610 -3%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Altadena, CA and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Altadena

View All Commercial Real Estate For Sale in Altadena
Is Altadena a good market for a first-time commercial real estate investor?

Altadena offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Altadena?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Altadena. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Altadena?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Altadena. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Altadena compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Altadena. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Altadena acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Altadena, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

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