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1541 N Lake AVE Pasadena, CA 91104
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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
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Bought with Everett Wong • Greysteel California, Inc.