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    2000 Lake Ave

    Altadena, CA 91001
    • $7,595,000
    • STATUS: Active
    • ON SITE: 56 days
    • ID#: 20-641954
    UPDATED: 39 min ago
    $7,595,000
    • 17
      BEDS
    • 0.43
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 16,440
      SQFT
    • $462
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    2019
    County:
    Area:

    School Ratings & Info

    Description

    Millard Creek in a new construction luxury townhome mixed-use community built in 2019 and located in Altadena, California. The property is not subject to rent control and consists of both residential and commercial retail/office spaces. The residential units consist of eight (8) two-story townhomes each with 2 beds and 2 1/2 baths that range in size from 1,600-1,760 SF. In addition, there is a 1 bed/1 bath single-story residential unit dedicated as an affordable income unit. Lastly, there are two 1,000 sq. ft. commercial spaces currently occupied both with 5-year leases signed in 2020. This new development is nestled in the charming area of North Lake Avenue with units that feature breathtaking views of the San Gabriel mountains. The subject property is surrounded by million-dollar homes and sits just a few blocks from the Montecedro Senior Living Project and is also close to JPL and the Estate Area of Altadena.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-12-01T08:42:15.813. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.trulinerealty.com/homes/110718397
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    2000 Lake Ave Altadena, CA 91001

    • Price: $7,595,000
    • Status: Active
    • Updated: 39 min ago
    • ID#: 20-641954
    17
    Beds
    0
    Baths
    0
    ½ Baths
    0.43
    Acres
    16,440
    SQFT
    $462
    $/SQFT
    2019
    Built
    Neighborhood:
    Altadena
    County:
    Los Angeles
    Area:
    Altadena
    Property Description
    Millard Creek in a new construction luxury townhome mixed-use community built in 2019 and located in Altadena, California. The property is not subject to rent control and consists of both residential and commercial retail/office spaces. The residential units consist of eight (8) two-story townhomes each with 2 beds and 2 1/2 baths that range in size from 1,600-1,760 SF. In addition, there is a 1 bed/1 bath single-story residential unit dedicated as an affordable income unit. Lastly, there are two 1,000 sq. ft. commercial spaces currently occupied both with 5-year leases signed in 2020. This new development is nestled in the charming area of North Lake Avenue with units that feature breathtaking views of the San Gabriel mountains. The subject property is surrounded by million-dollar homes and sits just a few blocks from the Montecedro Senior Living Project and is also close to JPL and the Estate Area of Altadena.
    Exterior Features

    Lot Size Area 17167 Other Structures None Parking Garage Garage Total Parking 28

    Interior Features

    Baths Total 21.50 Cooling Air Conditioning Equipment DryerWasherRange/OvenRefrigerator Heating Central

    Property Features

    Assessed Total Value 1346220 Gross Income 378936 Gross Operating Income 359989 Like Units1 8 Like Units2 1 Like Units3 2 Net Operating Income 234801.00 Number Of Buildings 1 Number Of Units 11 Property Condition New Construction Sale Type Standard Source Living Area Developer Source Lot Size Area Developer Total Annual Expense 125188 Type Of Units Mixed Use Year Built Source Builder Zoning Lcc2*

    Listing provided courtesy of Thomas Jonsson DRE#01755842 of James Capital Advisors, Inc..


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-12-01T08:42:15.813. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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    TruLine Realty
    8644 Wilshire Blvd. Suite 204
    Beverly Hills CA, 90211