2501 Lake Ave Altadena, CA 91001

$565,000 Sold Price as of 08/16/2016

-- Beds
-- Baths
1,192 Sq.Ft.

Off Market

$565,000 Sold Price as of 08/16/2016 Refinance Your Mortgage

Map preview of 2501 Lake Ave, Altadena, CA 91001

Property Overview: 2501 Lake Ave Altadena, CA has -- bedrooms, -- bathrooms, 1,192 living square feet and 7,242 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

2501 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 2501 Lake Ave

Last sold for $565,000 on August 16th, 2016

August, 2016
Aug 16, 2016

Date

Sold (Public Records)

Public Records

$565,000

Price
January, 2013
Jan 1, 2013

Date

Expired

CRMLS: 12169095

$505,500

Price
Oct 5, 2012

Date

Active

CRMLS: 12169095

$525,500

Price
Listing provided courtesy of CRMLS

Two units on one lot. Share a common parking lot in between them, with 13 spots + a designated handicap space. 2507 is the vacant unit, with 736 Sqft; also available for separate lease.for ($1250, A month), 2501 is the occupied unit, with 456 Sqft. Property is on a street with high volume traffic, with great street visibility. Contact listing agent for more details and property information.

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March, 2012
Mar 14, 2012

Date

Expired

CRMLS: 12159486

$650,000

Price
Dec 14, 2011

Date

Active

CRMLS: 12159486

$650,000

Price
Listing provided courtesy of CRMLS

Two great units on one lot in Altadena. With great traffic on Lake ave. One empty unit with the second being used as a smoke shop. Current lease is a 5 year lease with two 5 year options, but the smoke shop building is available for sale separately, from existing owner. Buyer must verify with all other legal descriptions with Los Angeles county Department of Records.

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September, 2004
Sep 22, 2004

Date

Sold (Public Records)

Public Records

$360,000

Price

Tax History for 2501 Lake Ave

Assessed Value (2020): $599,581

Year	Land Value	Improved Value	Assessed Value
2020	$498,767	$100,814	$599,581

About 2501 Lake Ave

Detailed summary of property

2501 Lake Ave is categorized with a use code of Retail Stores ( Personal Services, Photography, Travel) in Altadena, CA 91001 and last sold on August 16, 2016 for $565,000. This property has -- bedrooms, -- bathrooms, roughly 1,192 living square feet, and sits on an approximately 7,242 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. Based on Ardent Real Estate Group's Altadena Market Data, this home is sold 60.35% lower than the current median priced home. 2501 Lake Ave was last sold on August 16, 2016 for $565,000. 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 2501 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 2501 Lake Ave

Public county record property details

Beds: --
Baths: --
Year built: 1952
Sq. Ft.: 1,192
Lot Size: 7,242
Stories: 1

Type: Retail Stores ( Personal Services, Photography, Travel)
Pool: No
Spa: No
County: Los Angeles
Lot#: 2,3
APN: 5845-017-018

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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