$1,342,907
$2,000,000
32.9%For more information regarding the value of a property, please contact us for a free consultation.
1541 N Lake AVE Pasadena, CA 91104
0.34 Acres Lot
Key Details
Sold Price $1,342,907
Property Type Commercial
Sub Type Business
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PW24190000
Sold Date 12/12/24
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
Financing Seller Financing
Special Listing Condition Standard
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Everett Wong • Greysteel California, Inc.