1541 N Lake AVE Active

Pasadena,CA 91104

$ 2000000

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW24190000

HOA Y/N No

Year Built 1924

Lot Size 0.343 Acres

Property 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.

Location

State CA

County Los Angeles

Area 646 - Pasadena (Ne)

Zoning CO SP-1a

Interior

Heating Central

Fireplace No

Laundry None

Exterior

Present Use Commercial

Building

Lot Description 0-1 Unit/Acre

Story 1

Water Public

Others

Tax ID 5848019001

Acceptable Financing Conventional

Listing Terms Conventional

Special Listing Condition Standard

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