2450-2460 N Lake Ave - Commercial LAND FOR SALE


Altadena, CA 91001 55,321 SF
$9,000,000 USD
626-644-7632
2450-2460 N Lake Ave, Altadena, CA for Sale
$9,000,000 USD
Commercial LAND - FOR SALE
1/1
55,321 SF

2450-2460 N Lake Ave
Altadena, CA 91001


OVERVIEW

Nestled in the heart of Altadena, California, 2450 North Lake Avenue offers an unparalleled redevelopment opportunity on a large 1.276-acre covered land play assemblage, positioned in an area earmarked for substantial resources to rebuild following the devastating Eaton Fires. Located along the vibrant Lake Avenue corridor, is at the forefront of Altadena’s revitalization, making it a prime redevelopment opportunity in a community poised for revitalization. The property is home to Webster’s Community Pharmacy, a cherished fixture since 1926, embodying the vintage charm of Altadena’s main corridor. The expansive lot size and prime location provide a rare canvas for visionary redevelopment, leveraging dedicated rebuilding resources to shape the future of this thriving business hub. Surrounded by beloved local cafes, restaurants, and retailers, the property is a cornerstone of a unique community that values small businesses that provide authentic, personal experiences. With strong demographics—household incomes exceeding $145,000 within a one-mile radius—and its strategic Pasadena-adjacent location, this offering is Altadena Strong! Let's work together with this resilient community to revitalize Altadena’s landscape in the wake of the Eaton Fires devastation.

FOR SALE DETAILS

PRICE

$9,000,000 USD

PRICE/ACRE

$7,086,640/AC

PRICE/SF

$163 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Commercial, Mixed Use

LAND ACRES

1.27 AC

LAND SF

55,321 SF

OFFSITE IMPROVEMENTS

-

ZONING

LCC3

APN/PARCEL ID

5845-003-005,5845-003-034,5845-003-036,5845-003-037

ASK ABOUT THIS PROPERTY

Tina LaMonica, SIORMike Lanzarotta Commercial Real EstateMore Info
626-644-7632

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Tina LaMonica, SIORMike Lanzarotta Commercial Real EstateMore Info
626-644-7632

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.