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Located along the high-visibility corridor of Lake Avenue, this 9,000± square foot parcel presents a rare opportunity for investors, developers, or owner-users to reimagine a high-demand commercial site in the heart of Altadena. Formerly home to a freestanding office building lost in the Eaton Canyon fires, the property offers a clean slate with valuable C3 commercial zoning—permitting a broad range of potential uses including retail, office, service-based businesses, and mixed-use development with residential above. Additionally, high density opportunities are also available for developers who are adept to navigating the entitlement landscape. This area is poised for revitalization, offering the chance to be among the first to shape the new commercial landscape of North Lake Avenue. Neighboring properties have already started obtaining permits for mixed use retail and residential development. The location benefits from a strong daytime population, steady commuter traffic, and close proximity to the foothills and trailheads that make Altadena a unique and desirable community. With utilities already on site and existing curb cuts in place, the parcel is ready for a visionary new project.
Listing agent: Kirk Garabedian DRE #01216376 kirkg@kw.com, Listing office: Keller Williams R. E. Services
MLS data updated 10/20/2026, 2:25:04 PM PT
Source: CRMLS, MLS #: GD26127919
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Sep 1, 2026
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$845,000Closed sale · Sep 1, 2026ZIP 91001 · Sep 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.