For Sale
$10,500,000

2333 Lake Ave Altadena, CA 91001

Added:
Dec 11, 2024
Days on market:
138

Highlights

  • Prime Los Angeles County location with high visibility and accessibility.
  • 100% occupancy with established anchor tenants providing stable income.
  • 26,249 SF building on a 1.17-acre lot, suitable for office and retail uses.
  • $480,880 current NOI, $10,500,000 asking price, resulting in a 4.58% cap rate.
  • Features LED lighting, 92-space concrete parking lot, and NNN/MG leases.
  • Built in 1959, renovated in 1991.

Property Details for 2333 Lake Ave

Property type
Retail properties, Drug stores
Class
B
Year Built
1959
Buildings
1
Stories
3
Units
5

Location Insight

City
Altadena
County
Los Angeles
State
California
Latitude
34.1861266
Longitude
-118.1321036

FAQs

Where is the retail property located?
The property is located at 2333 Lake Ave Altadena, CA.
What is the asking price?
The asking price for this property is $10,500,000.
What are key features of this property?
This property features: Prime Los Angeles County location with high visibility and accessibility.; 100% occupancy with established anchor tenants providing stable income.; 26,249 SF building on a 1.17-acre lot, suitable for office and retail uses.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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2333 Lake Ave
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