2615 Lake Ave, Altadena, CA 91001
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2615 Lake Ave Altadena, CA 91001

$2,540,000 Sold Price as of 07/01/2021
  • 72 Beds
  • 36 Baths
  • 6,720 Sq.Ft.
Sold
$2,540,000 Sold Price as of 07/01/2021 Refinance Your Mortgage

Map preview of 2615 Lake Ave, Altadena, CA 91001

Property Overview: 2615 Lake Ave Altadena, CA has 72 bedrooms, 36 bathrooms, 6,720 living square feet and 7,717 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Great 8 units in Altadena. All units consist of 2 bedrooms and 1 bath, spacious living room, balcony, dining area and wall to wall closets. Each unit has 1 carport parking. There is a laundry room in the facility. This property has been well maintained. Landlord pays for water & trash & electric meter for common areas only.

Listed by Charles Picker | BRE #00414181 | I.X.A.
Last checked: 4 minutes ago | Last updated: December 1st, 2023 | Source CRMLS | DOM: 84

Home details

Lot Sq. Ft
7,717
HOA Dues
$0/mo
Year built
1963
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
21690986
City
Altadena
County
Los Angeles
Time on Site
1144 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 8
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,040
  • Total Rent: $2,040
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,019
  • Total Rent: $2,019
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 3
  • # of Units: 3
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,200
  • Total Rent: $2,200
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 4
  • # of Units: 4
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,002
  • Total Rent: $2,002
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 5
  • # of Units: 5
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,125
  • Total Rent: $2,125
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 6
  • # of Units: 6
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,100
  • Total Rent: $1,100
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 7
  • # of Units: 7
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,057
  • Total Rent: $2,057
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 8
  • # of Units: 8
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 15.97
  • Gross Scheduled Income: --
  • Net Operating Income: $133,344
  • Gross Operating Income: $162,516
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 2615 Lake Ave

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Radiant
Laundry Information
  • Has Laundry
  • Individual Room
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Laminate, Tile
  • Living Room
Kitchen Information
  • Has Appliances
  • Disposal
Interior Features
  • Levels: Two
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 8
  • Has Parking
  • Parking Features: Carport, Attached Carport
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Has View
  • View: Mountain(s), City Lights
  • Total # of Units: 8
  • Parcel Number: 5841032022
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Sewer Paid
Location / Neighborhood
Location Information
  • Directions: Go North on Lake Ave. Cross street is Pine St.
View more facts & features

Local Altadena Agent

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Sale History for 2615 Lake Ave

Last sold for $2,540,000 on July 1st, 2021
  • December, 2023

  • Dec 1, 2023

    Date

    Expired

    CRMLS: CV22233401

    $5,700

    Price

  • Oct 31, 2022

    Date

    Active

    CRMLS: CV22233401

    $5,700

    Price

  • Listing provided courtesy of CRMLS

    This is a newly renovated 800 sq ft apartment with 2 bedrooms and 2 bathrooms. The apartment is located on second level. It has new furniture and new appliances with spacious room. Open layout between living room and kitchen. Balcony next to living room with city view. Standing shower in master bedroom and Tub in the other. Property is fully furnished with internet and roku. There is a 10 inch memory foam queen size bed in every bedroom. The property is conveniently located close to many shopping centers.

  • November, 2023

  • Nov 24, 2023

    Date

    Withdrawn

    CRMLS: CV23089291

    $3,900

    Price

  • May 22, 2023

    Date

    Active

    CRMLS: CV23089291

    $3,900

    Price

  • Listing provided courtesy of CRMLS

    This is newly remodeled 800 sft apartment with 2 Bedrooms and 2 Bathrooms. The apartment is located on the street level for convenient access. It has new furnitures and new appliances with spacious room size . Open layout between living room and kitchen. Standing shower in the master bedroom and Tub in the other. There is a 10 inch memory form queen size bed in every bedroom. The property is conveniently located closed to many shopping centers.

  • November, 2023

  • Nov 24, 2023

    Date

    Withdrawn

    CRMLS: CV23089270

    $3,900

    Price

  • May 22, 2023

    Date

    Active

    CRMLS: CV23089270

    $3,900

    Price

  • Listing provided courtesy of CRMLS

    Newly remodeled apartment located on the second floor of a 2-story building. There is one covered parking space and street parking. Conveniently located near Caltech, The Huntington Library, and the Rose Bowl. Easy access to major freeways 210, 134 and 110. The apartment has two bedrooms with queen-sized beds and two bathrooms. Perfect for a quick getaway or business trip. Guests can self-check-in and the property is professionally cleaned.

  • November, 2023

  • Nov 24, 2023

    Date

    Withdrawn

    CRMLS: CV23089234

    $3,900

    Price

  • May 22, 2023

    Date

    Active

    CRMLS: CV23089234

    $3,900

    Price

  • Listing provided courtesy of CRMLS

    This is newly remodeled 800 sft apartment with 2 Bedrooms and 2 Bathrooms. The apartment is located on the street level for convenient access. It has new furnitures and new appliances with spacious room size . Open layout between living room and kitchen. Standing shower in the master bedroom and Tub in the other. There is a 10 inch memory form queen size bed in every bedroom. The property is conveniently located closed to many shopping centers.

  • July, 2021

  • Jul 2, 2021

    Date

    Sold

    CRMLS: 21690986

    $2,540,000

    Price

  • May 24, 2021

    Date

    Pending

    CRMLS: 21690986

    $2,595,000

    Price

  • May 3, 2021

    Date

    Active Under Contract

    CRMLS: 21690986

    $2,595,000

    Price

  • Feb 9, 2021

    Date

    Active

    CRMLS: 21690986

    $2,595,000

    Price

Show More

Tax History for 2615 Lake Ave

Assessed Value (2020): $262,750
Year Land Value Improved Value Assessed Value
2020 $49,404 $213,346 $262,750

Home Value Compared to the Market

This property vs the competition

2615 Lake Ave sold on July 1, 2021 for 111.32% higher than the current median sold price for the city of Altadena which is $1,228,000. The median sold price per/sqft for Altadena is $794 and this home is sold at $386.16 per/sqft which puts the price per square foot 51.37% lower than the current median sale per square foot for the city of Altadena.

About 2615 Lake Ave

Detailed summary of property

2615 Lake Ave is a multi family that recently sold in Altadena, CA 91001. This multi family property offered 72 bedrooms, 36 bathrooms, roughly 6,720 living square feet, and sits on an approximately 7,717 square foot lot. 2615 Lake Ave was first listed on ArdentRealEstateGroup.com on February 9, 2021. The homeowner sold the property for $2,540,000. Home in Altadena are selling for a median price of $1,228,000 and a median price per square foot of $794. Based on Ardent Real Estate Group's Altadena Market Data, this home is sold 111.32% higher than the current median priced home. Local homes that are currently for sale include 2330 Teviot St, 2330 Teviot St and 1889 Lemoyne St. While the average home in Altadena, CA is selling in 55 days, 2615 Lake Ave has a days on market of 84 days. There are currently 52 homes for sale in the Altadena real estate market and 52 of them are single family homes while 0 of them are condos and 0 are townhomes. For more information on this home for sale at 2615 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 2615 Lake Ave

Public county record property details
Beds
16
Baths
8
Year built
1963
Sq. Ft.
6,720
Lot Size
7,716
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
23,24
APN
5841-032-022

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
$1,300,000
Median List Price/Sq.Ft.
$772
Median Sold Price
$1,228,000
Median Sold Price/Sq.Ft.
$794
Total Inventory
53
Median Sale to List Price %
103.19%
Avg Days on Market
40
Loan Type
Conventional (42.86%), FHA (0%), VA (7.14%), Cash (21.43%), Other (21.43%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.