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$1,500,000 Just Listed
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Property Description
6,050 Sq.ft Lot Size. Rare opportunity to acquire commercial land in the heart of Altadena. The existing structure was lost in a recent fire, leaving a cleared site ready for redevelopment. This offering is for land value only, presenting a blank slate for investors, developers, or owner-users looking to build new.
Zoned for commercial use (buyer to verify permitted uses), the property offers strong frontage and visibility along Lake Avenue, a well-traveled corridor surrounded by established businesses and residential neighborhoods. Ideal for retail, office, mixed-use, or other commercial development.
Utilities previously connected (buyer to verify status). Excellent upside potential in a growing area with high demand for new commercial projects.
Full Property Details
Full Property Details for 2427 Lake
General
- Price: $1,500,000
- Status: Active
- Type: Lots/Land
- Source: MRMLS
- MLS ID: CV26069796
- Updated: Today (4/1/2026)
- Added to Site: Today
Location
- Area: 604 - Altadena
- County: Los Angeles
- Development Name: 604 - Altadena
- Driving Directions: From 210 Fwy, exit Lake Ave, head north. Property located on right.
- Dist. to Beach: NONE (Miles)
Utilities
- Water: Public
- Dist. to Water: NONE
Lot Features
- Property View: Mountain(s), Neighborhood
- Lot Size (Acres): 0.1389
- Lot Size (Sq. Ft.): 6,050
- Lot Size Source: Assessor
- Zoning: C-3
- Lot Description: Curbs
Financial Considerations
- Price Per Sq. Ft.: $247.93
Listed by Agency 8 Real Estate Group, Abraham Prattella
Get Pre-Approved Today
Schools
Schools serving 2427 Lake
School District:Pasadena Unified School District
| Name | Grades | Distance |
|---|---|---|
Altadena Elementary School 743 East Calaveras Street, Altadena, CA 91001 | K-5 | 0.2 mi |
Charles W. Eliot Middle School 2184 Lake Avenue, Altadena, CA 91001 | 6-8 | 0.3 mi |
John Muir High School 1905 N. Lincoln Ave., Pasadena, CA 91103 | 9-12 | 1.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2427 Lake
Date
Details
Price
Change
Source
4/01/2026
Listed
$1,500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 2427 Lake
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,561
-28%
$182,504
-48%
2024
$3,566
-27%
$353,341
2%
2023
$4,883
3%
$346,414
2%
2022
$4,725
8%
$339,623
2%
2021
$4,374
4%
$332,965
1%
2020
$4,220
—
$329,552
2%
2019
$4,222
1%
$323,091
2%
2018
$4,178
1%
$316,757
2%
2017
$4,135
3%
$310,547
2%
2016
$4,031
1%
$304,459
2%
2015
$3,988
2%
$299,887
2%
2014
$3,917
—
$294,013
—
2013
$3,909
—
$292,685
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2427 Lake
2427 Lake, Altadena, CA 91001 (MLS# CV26069796) is a Lots/Land property with a lot size of 0.1389 acres. 2427 Lake is currently listed for $1,500,000 and was received on April 01, 2026. Want to learn more about 2427 Lake? Do you have questions about finding other Lots/Land real estate for sale in Altadena? You can browse all Altadena real estate or contact a Coldwell Banker agent to request more information.

