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$5,150,000
2 Days On Site

2629 Lake Avenue
Altadena, CA 91001

For Sale|Residential Income|Active
17
Beds
14
Total Baths
12,652
SqFt
$407
/SqFt
1949
Built
County:
Los Angeles
Listed by Alexander Metaxas of Realty Investment Advisors, Inc. ametaxas@riacre.com
Call Now: (323) 389-5432
Is this the listing for you? We can help make it yours.
(323) 389-5432
2629 Lake Avenue2629 Lake Avenue2629 Lake Avenue2629 Lake Avenue
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Mortgage Calculator

Monthly Payment (Est.)

$23,496
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2026 Information is deemed reliable but not guaranteed.

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!

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Listing Snapshot
Price 
$5,150,000
Days On Site 
2 Days
Bedrooms 
17
Inside Area (SqFt) 
12,652 sqft
Total Baths 
14
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.4338 Acres
Year Built 
1949
MLS® Number 
26779707
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
yesterdayListing updated with changes from the MLS®
2 days agoListing first seen on site
General Features
Acres 
0.4338
Attached Garage 
Yes
Garage 
Yes
Garage Spaces 
14
Levels 
Multi/Split
Number Of Stories 
2
Parking 
AttachedConverted GarageDriveway
Parking Spaces 
28
Special Circumstances 
Standard
SqFt Total 
12652
Zoning 
LCR3YY
Interior Features
Appliances 
Disposal
Cooling 
Wall/Window Unit(s)
Heating 
Wall Furnace
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Community Features
MLS Area 
604 - Altadena


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. The 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, the 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.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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$5,150,000
2 Days On Site

2629 Lake Avenue
Altadena, CA 91001

For Sale|Residential Income|Active
17
Beds
14
Total Baths
12,652
SqFt
$407
/SqFt
1949
Built
County:
Los Angeles
Listed by Alexander Metaxas of Realty Investment Advisors, Inc. ametaxas@riacre.com
Call Now: (323) 389-5432
Is this the listing for you? We can help make it yours.
(323) 389-5432
2629 Lake Avenue2629 Lake Avenue2629 Lake Avenue2629 Lake Avenue
Save
Ask
Tour
Hide
Share

Mortgage Calculator

Monthly Payment (Est.)

$23,496
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2026 Information is deemed reliable but not guaranteed.

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!

Save
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Tour
Hide
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Listing Snapshot
Price 
$5,150,000
Days On Site 
2 Days
Bedrooms 
17
Inside Area (SqFt) 
12,652 sqft
Total Baths 
14
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.4338 Acres
Year Built 
1949
MLS® Number 
26779707
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
yesterdayListing updated with changes from the MLS®
2 days agoListing first seen on site
General Features
Acres 
0.4338
Attached Garage 
Yes
Garage 
Yes
Garage Spaces 
14
Levels 
Multi/Split
Number Of Stories 
2
Parking 
AttachedConverted GarageDriveway
Parking Spaces 
28
Special Circumstances 
Standard
SqFt Total 
12652
Zoning 
LCR3YY
Interior Features
Appliances 
Disposal
Cooling 
Wall/Window Unit(s)
Heating 
Wall Furnace
Save
Ask
Tour
Hide
Share
Community Features
MLS Area 
604 - Altadena


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. The 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, the 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.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
Save
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Tour
Hide
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