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Exceptional corner commercial parcel located at the highly visible intersection of Lake Avenue and East Altadena Drive. The 13,143 SF site (APN 5845-002-016) is zoned C-3 General Commercial, allowing a wide range of uses including retail, restaurant, office, or mixed-use development. The property previously featured four retail units totaling approximately 1,800 SF with rear parking access, providing a strong foundation for redevelopment. Situated within the Lake Avenue Mixed-Use Center Area and Altadena Community Standards District, this location benefits from steady traffic, walkability, and proximity to Pasadena and the 210 Freeway. A rare blank-slate opportunity for builders, investors, or owner-users seeking a signature corner in a thriving foothill community. All environmental reports completed.
Listing agent: Shawn S. Kormondy DRE #01451888 skor@SkorREG.com, Listing office: Keller Williams Beverly Hills
MLS data updated 10/19/2026, 2:20:45 AM PT
Source: CRMLS, MLS #: 25609059
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Oct 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
$1,450,000Asking price recorded · Oct 1, 2026ZIP 91001 · Oct 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.No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
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.