2629 Lake Ave, Altadena, CA 91001
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2629 Lake Ave, Altadena, CA 91001
2629 Lake Ave, Altadena, CA 91001
2629 Lake Ave, Altadena, CA 91001
2629 Lake Ave, Altadena, CA 91001
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Donny Piwowarski

Donny Piwowarski

+1(844) 437-4969
$ 5,150,000
Est. payment /mo
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2629 Lake Ave Altadena, CA 91001

17 Beds

14 Baths

12,652 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 12,652 sqft

Price per Sqft $407

MLS Listing ID 26779707

Bedrooms 17

Year Built 1949

Lot Size 0.434 Acres

Acres 0.2722

Property Sub-Type Multi-Family

Property Description

15 OF 16 UNITS CURRENTLY VACANT AND RENT READY! We are pleased to present a rare investment opportunity in Altadena where the rebirth of the City has already begun. These two properties combined are 16 residential units with 15 vacant offering a fresh start slate for investors seeking immediate lease-up potential and long-term upside. The offering consists of two adjacent parcels, a 14-unit apartment property and a separate Duplex property, providing operational flexibility, owner-user potential and eliminating the requirement for an on-site manager. The property has been fully remediated following the Eaton Fire, presenting a fresh start with renewed confidence in the asset's condition. The properties benefit from new roofs within the past few years 14 INDIVIDUAL, ENCLOSED GARAGES, all of which are currently vacant offering further income potential or added tenant appeal in a competitive rental market. With strong fundamentals, minimal deferred maintenance, and significant lease-up opportunity, this Altadena property is ideally suited for investors looking to stabilize and maximize returns in what will be a premiere rental location. Two properties must be sold together because of shared driveway and lot configurations. Duplex address is 765 E. Pine St., Altadena, APN# 5841-030-005. Price includes both properties!

Location

State CA

County Los Angeles

Area Altadena

Zoning LCR3YY

Rooms

Other Rooms Accessory Bldgs

Interior

Heating Wall

Cooling Wall Unit(s), Wall/Window

Equipment Garbage Disposal

Exterior

Parking Features Driveway, Garage Is Attached, Garage Is Detached, Converted Garage

Garage Spaces 28.0

Building

Story 2

Level or Stories Multi/Split

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Realty Investment Advisors, Inc.

NEARBY SCHOOLS & PROPERTIES

Donny Piwowarski

Donny Piwowarski

Broker | License ID: 01444374

+1(844) 437-4969

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