2472 Lake Ave Altadena, CA 91001

$--

-- Beds
-- Baths
6,056 Sq.Ft.

Off Market

Map preview of 2472 Lake Ave, Altadena, CA 91001

Property Overview: 2472 Lake Ave Altadena, CA has -- bedrooms, -- bathrooms, 6,056 living square feet and 4,382 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

2472 Lake Ave is currently an off market home in the city of Altadena. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Altadena has a median list price of $1,299,999. The median price per/sqft for Altadena is $789. With those numbers in mind, if you are looking to purchase a median priced home in Altadena, CA and put 20% down you will need to save up $260,000 for the down payment and will need roughly $26,000 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Altadena the commission could be as much as $71,250. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 2472 Lake Ave

Last sold on May 23rd, 2014

March, 2021
Mar 18, 2021

Date

Active

CRMLS: IV21056406

$3,100,000

Price
Listing provided courtesy of CRMLS

HIGHLIGHTS; Competitive Offering Actual CAP Rate of 4.00%. / ProForma CAP Rate of 6.64% at market rents. Possible SBA Financing May be Available for Well Qualified Buyers. This Spanish colonial office building, located in Altadena, CA, was built in 1927 and will take you back in time. The 8,897 Sq. Ft. property has been completely restored to its original splendor with an emphasis on the craftsmanship and woodwork throughout. From the beautiful coffered ceilings to the woodwork on the walls, to the arched doorways, to the original wood floors, this rare, one of a kind building showcases all the class and refinement of the 20’s architecture without lacking any modern amenities. The property has had extensive updates which include; new commercial grade roof ($17,000), new flooring ($20,000), new windows throughout ($33,000), new window covering ($4,500), updated kitchen / bathroom ($25,000). The interior and exterior of the building were also completely professional painted ($40,000). The updates bring convenience and a modern twist to this timeless design. The space can be laid out in various ways to accommodate the needs of multiple tenants. The current configuration consists of; 1st floor- 4 offices plus two conference rooms, Two Secretary or assistant built in work stations, and a built in front reception desk area, 2nd floor- 10 offices plus (2) secretary of assistant built in work stations, 3rd floor- 8 offices plus a large conference room

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May, 2014
May 23, 2014

Date

Sold (Public Records)

Public Records

--

Price
October, 2006
Oct 19, 2006

Date

Sold (Public Records)

Public Records

--

Price

Tax History for 2472 Lake Ave

Assessed Value (2020): $1,338,273

Year	Land Value	Improved Value	Assessed Value
2020	$548,054	$790,219	$1,338,273

About 2472 Lake Ave

Detailed summary of property

2472 Lake Ave is categorized with a use code of Office Bldg (General) in Altadena, CA 91001 and is currently off market. This property has -- bedrooms, -- bathrooms, roughly 6,056 living square feet, and sits on an approximately 4,382 square foot lot. Homes in Altadena are selling for a median price of $1,425,000 and a median price per square foot of $841. Local nearby listings include 1300 N Holliston Ave, 2002 El Sereno Ave and 1181 N Hudson Ave. The average home in Altadena, CA is selling in 54 days. There are currently 72 homes for sale in the Altadena real estate market and 71 of them are single family homes while 0 of them are condos and 1 are townhomes. If you are the homeowner and looking to sell the home at 2472 Lake Ave Altadena, CA 91001 contact Ardent Real Estate Group and we will put you in touch with one of our Altadena agents.

Public Facts for 2472 Lake Ave

Public county record property details

Beds: --
Baths: --
Year built: 1927
Sq. Ft.: 6,056
Lot Size: 4,382
Stories: 1

Type: Office Bldg (General)
Pool: No
Spa: No
County: Los Angeles
Lot#: 17
APN: 5845-003-001

The source for these homes facts are from public records.

91001 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$1,299,999

Median List Price/Sq.Ft.

$787

Median Sold Price

$1,425,000

Median Sold Price/Sq.Ft.

$841

Total Inventory

Median Sale to List Price %

101.86%

Avg Days on Market

Loan Type

Conventional (51.72%), FHA (0%), VA (0%), Cash (10.34%), Other (17.24%)

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