USACAAltadena2629 Lake Ave
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2629 Lake Ave, Altadena, CA

House

For Sale

Listed price in listed location currency (USD).
$5,150,000

171428

MLS® 26779707

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Residential Income
Size 12652 sqft
Garage Yes
Taxes 
Days Active 1
Lot Size 
Approx. Age 1949
Avg. Price Per Sqft $407
MLS® Number 26779707

Property Address: 2629 Lake Ave, Altadena, CA, 91001-1965

Average square foot calculated using Size range provided by listing agent.

Description

15 OF 16 UNITS CURRENTLY VACANT AND RENT READY! We are pleased to present a rare investment opportunity in Altadena where the rebirth of the City has already begun. These two properties combined are 16 residential units with 15 vacant offering a fresh start slate for investors seeking immediate lease-up potential and long-term upside. The offering consists of two adjacent parcels, a 14-unit apartment property and a separate Duplex property, providing operational flexibility, owner-user potential and eliminating the requirement for an on-site manager. The property has been fully remediated following the Eaton Fire, presenting a fresh start with renewed confidence in the asset's condition. The properties benefit from new roofs within the past few years 14 INDIVIDUAL, ENCLOSED GARAGES, all of which are currently vacant offering further income potential or added tenant appeal in a competitive rental market. With strong fundamentals, minimal deferred maintenance, and significant lease-up opportunity, this Altadena property is ideally suited for investors looking to stabilize and maximize returns in what will be a premiere rental location. Two properties must be sold together because of shared driveway and lot configurations. Duplex address is 765 E. Pine St., Altadena, APN# 5841-030-005. Price includes both properties!
MLS® Number26779707
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1949
Basement
DrivewayConverted Garage, Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 23, 2026List Date
$5,150,000List Price
  • Commute

Commute

Starting Address
Destination Address
2629 Lake Ave, Altadena, CA

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