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EXECUTIVE SUMMARY
Nestled in the heart of Altadena, California, 2450 North Lake Avenue offers an unparalleled redevelopment opportunity on a large 1.276-acre covered land play assemblage, positioned in an area earmarked for substantial resources to rebuild following the devastating Eaton Fires.
Located along the vibrant Lake Avenue corridor, is at the forefront of Altadena’s revitalization, making it a prime redevelopment opportunity in a community poised for revitalization.
The property is home to Webster’s Community Pharmacy, a cherished fixture since 1926, embodying the vintage charm of Altadena’s main corridor. The expansive lot size and prime location provide a rare canvas for visionary redevelopment, leveraging dedicated rebuilding resources to shape the future of this thriving business hub.
Surrounded by beloved local cafes, restaurants, and retailers, the property is a cornerstone of a unique community that values small businesses that provide authentic,
personal experiences. With strong demographics—household incomes exceeding $145,000 within a one-mile radius—and its strategic Pasadena-adjacent location,
this offering is Altadena Strong!
Let's work together with this resilient community to revitalize Altadena’s landscape in the wake of the Eaton Fires devastation.
Located along the vibrant Lake Avenue corridor, is at the forefront of Altadena’s revitalization, making it a prime redevelopment opportunity in a community poised for revitalization.
The property is home to Webster’s Community Pharmacy, a cherished fixture since 1926, embodying the vintage charm of Altadena’s main corridor. The expansive lot size and prime location provide a rare canvas for visionary redevelopment, leveraging dedicated rebuilding resources to shape the future of this thriving business hub.
Surrounded by beloved local cafes, restaurants, and retailers, the property is a cornerstone of a unique community that values small businesses that provide authentic,
personal experiences. With strong demographics—household incomes exceeding $145,000 within a one-mile radius—and its strategic Pasadena-adjacent location,
this offering is Altadena Strong!
Let's work together with this resilient community to revitalize Altadena’s landscape in the wake of the Eaton Fires devastation.
PROPERTY FACTS
1 LOT AVAILABLE
Lot
| Price | $12,450,510 CAD | Lot Size | 1.27 AC |
| Price Per AC | $9,803,550.83 CAD |
| Price | $12,450,510 CAD |
| Price Per AC | $9,803,550.83 CAD |
| Lot Size | 1.27 AC |
DESCRIPTION
Unparalleled redevelopment opportunity on a large 1.276-acre covered land play assemblage in Altadena. Altadena is an unincorporated community in Los Angeles County, nestled within the foothills of the San Gabriel Mountains in the San Gabriel Valley. Bordered by wilderness on three sides, including the Arroyo Seco, Angeles National Forest, and Eaton Canyon, and by the city of Pasadena to the south, Altadena sits just 14 miles north of Downtown Los Angeles.
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Walk Score®
Very Walkable (84)
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $2,548,816 CAD | |
| Land Assessment | $7,837,308 CAD | Total Assessment | $10,386,124 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$7,837,308 CAD
Improvements Assessment
$2,548,816 CAD
Total Assessment
$10,386,124 CAD
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2450-2460 N Lake Ave
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