$2,000,000
For Sale

1541 N Lake Avenue

Pasadena, CA 91104
0.34 acres | #PW24190000
Listing OfficeGreysteel California, Inc.
Browse 9 photos
Type:Purchase
Structure:Commercial
Zone:Commercial

Description

1541-1547 is a 2-parcel mixed-use property situated on North Lake Avenue, which is one of the main North/South thoroughfares serving the Pasadena/Altadena areas. Ideal for Owner User or Repositioning: These properties present a unique owner-user opportunity for a small business or entrepreneurial investor/developer seeking a repositioning opportunity. Sizable total lot size with Parking: The two parcels combine for a total lot size of 14,922 SF. The 1547 N. Lake (northern most) parcel features a surface parking lot with space for up to 12 vehicles. The property currently has only one (retail) tenant on a lease paying $1,700/month.

  • Property Details
      • Lot DescriptionItem01UnitAcre
      • Stories1
    • Measurements
      • Acres0.3426
  • Construction Details
      • Property TypePurchase
    • Condition
      • Year Built1924
  • Utilities / Energy Details
      • Utility SourcePublic
  • Community and Neighborhood Details
      • CountyLos Angeles
  • Financial Details
      • Original List Price$2,000,000
  • Other
      • MLS #PW24190000

Location

SparrowLily Realty, Inc.Real Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00