This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

Seller Financing Available | 14,922 SF Lot 1541 N Lake Ave

3,473 SF 100% Leased Office Building Pasadena, CA 91104 £1,564,900 (£451/SF)

Investment Highlights

  • Attractive Seller Financing Available!
  • Mixed-use property situated on North Lake Avenue, which is one of the main North/South thoroughfares serving the Pasadena/Altadena areas
  • Surface parking with space for up to 12 vehicles
  • Sizable 2-Parcel property with Parking: The two parcels combine for a total lot size of 14,922 SF
  • Ideal for Owner User or Repositioning

Executive Summary

1541 & 1547 Lake Avenue 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 Facts

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Office/Residential
Building Size
3,473 SF
Building Class
C
Year Built
1924
Price
£1,564,900
Price Per SF
£451
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Typical Floor Size
3,473 SF
Building FAR
0.89
Lot Size
0.09 AC
Zoning
CO SP-1a - Commercial Office
Parking
12 Spaces (3.46 Spaces per 1,000 SF Leased)

Amenities

  • Bus Route
Walk Score ®
Very Walkable (81)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 33173435

  • Date on Market: 13/09/2024

  • Last Updated:

  • Address: 1541 N Lake Ave, Pasadena, CA 91104

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}