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2629 Lake Avenue, Altadena, CA 91001

Altadena
Local realty services provided by:CENTURY 21 Classic Estates
2629 Lake Avenue,Altadena, CA 91001
$5,150,000
  • 17 Beds
  • 14 Baths
  • 12,652 sq. ft.
  • Multi-family
  • Active
Listed by: alexander metaxas, benjamin j. hsiang
Office: realty investment advisors, inc.
MLS#:26779707
Source:CRMLS

Price summary

  • Price:$5,150,000
  • Price per sq. ft.:$407.05

About this home

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...

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Home facts

  • Year built:1949
  • Listing ID #:26779707
  • Added:139 day(s) ago
  • Updated:September 10, 2026 at 11:21 AM

Rooms and interior

  • Bedrooms:17
  • Total bathrooms:14
  • Kitchen Description:Disposal
  • Living area:12,652 sq. ft.

Heating and cooling

  • Cooling:Wall Window Units
  • Heating:Wall Furnance

Structure and exterior

  • Year built:1949
  • Building area:12,652 sq. ft.
  • Lot area:0.43 Acres

Finances and disclosures

  • Price:$5,150,000
  • Price per sq. ft.:$407.05

Features and amenities

  • Appliances:Disposal

Parking

  • Total parking spaces:28
  • Parking description:Converted Garage, Driveway
  • Garage:Yes
  • Garage spaces:14
The information being provided by California Regional MLS (Southern California) is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS (Southern California). CENTURY 21 Classic Estates is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of CENTURY 21 Classic Estates, a broker participant of California Regional MLS (Southern California). This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by California Regional MLS (Southern California) and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2021 California Regional MLS (Southern California). All rights reserved. CRMLS Member Broker: Sol Almarines

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