Daina Burness

Altadena CA Real Estate & Commercial for Sale

2 Properties Found

The median home value in Altadena, CA is $1,250,000. This is higher than the county median home value of $740,000. The national median home value is $277,796. The average price of homes sold in Altadena, CA is $1,250,000. Approximately 68% of Altadena homes are owned, compared to 27% rented, while 4% are vacant. Altadena real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you like to see a property, contact Altadena real estate agent to arrange a tour today!
Learn more about Altadena.


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Beds:
n/a
Baths:
Sq.Ft.:
1,688
Status:
Active
MLS#:
P1-6268
Type:
Duplex, Retail, Office, Mixed Use
Year built:
1925
Courtesy: Pauline Ching - Deasy Penner Podley
View additional info

Great property for future development on popular Lake Avenue! Zoned LCC3. 7,176sf lot with parking in front and rear plus 3 detached garages in back, totaling 10 parking spaces. Two residential units (1 BR, 1 BA, 844sf EACH) currently leased on month to month basis. Building was previously used as a commercial real estate office. Plenty of room to expand in rear subject to codes and zoning. Buyer to cooperate with Seller's 1031 Exchange requirements. Please do not walk on property without appointments! This property has so much potential for you!

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
IV21056406
Type:
Office
Lot size:
0.1 Acres
Year built:
1927
Courtesy: ALBERT LE - LE INVESTMENT GROUP
View additional info

HIGHLIGHTS; Competitive Offering Actual CAP Rate of 4.00%. / ProForma CAP Rate of 6.64% at market rents. Possible SBA Financing May be Available for Well Qualified Buyers.This Spanish colonial office building, located in Altadena, CA, was built in 1927 and will take you back in time. The 8,897 Sq. Ft. property has been completely restored to its original splendor with an emphasis on the craftsmanship and woodwork throughout. From the beautiful coffered ceilings to the woodwork on the walls, to the arched doorways, to the original wood floors, this rare, one of a kind building showcases all the class and refinement of the 20’s architecture without lacking any modern amenities. The property has had extensive updates which include; new commercial grade roof ($17,000), new flooring ($20,000), new windows throughout ($33,000), new window covering ($4,500), updated kitchen / bathroom ($25,000). The interior and exterior of the building were also completely professional painted ($40,000). The updates bring convenience and a modern twist to this timeless design. The space can be laid out in various ways to accommodate the needs of multiple tenants. The current configuration consists of; 1st floor- 4 offices plus two conference rooms, Two Secretary or assistant built in work stations, and a built in front reception desk area, 2nd floor- 10 offices plus (2) secretary of assistant built in work stations, 3rd floor- 8 offices plus a large conference room

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