$845,000
SOLD SEP 1, 2026
0.21 Acres
$4,054,702 Price per Acre
9,077 Sq Ft Lot

Sale Details

Date Sold: September 1, 2026

6% Below List Price

49 Days on Market

Highlights

  • View of Hills
  • Bike Trail
  • Rectangular Lot
  • No HOA

About This Lot

As of September 2026

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.

Last Agent to Sell the Property

Kirk Garabedian

Keller Williams R. E. Services Brokerage Phone: 818-298-8810 License #01216376 Listed on: 06/11/2026

Keller Williams R. E. Services

Last Buyer's Agent

Ramiro Rivas

The Agency License #01406511

The Agency

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Property Type

  • Land

Lot Details

  • 9,077 Sq Ft Lot
  • Rectangular Lot
  • Property is zoned C3

Property Views

  • Views of Hills

Utilities

  • Phone Connected
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 35
  • Tax Tract Number 6162
  • Assessor Parcel Number 5845023019
  • $1,126 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association

Recreation

  • Bike Trail

Property Details

Property Type

Land

Lot Details

9,077 Sq Ft Lot

Listing Details

  • View: Yes
  • Zoning: C3
  • Property Type: Land
  • Parcel Number: 5845023019
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 93.09

Exterior Features

  • View: Hills

Utilities

  • Utilities: Water Available, Natural Gas Connected, Phone Available, Natural Gas Available, Cable Connected, Cable Available, Electricity Available, Phone Connected, Electricity Connected, Water Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot
  • Lot Size Sq Ft: 9077.00
  • Lot Size Acres: 0.2084

Multi Family

  • Lot Size Area: 9077.0000 Square Feet

Tax Info

  • Tax Lot: 35
  • Tax Tract Number: 6162
  • TaxOtherAnnualAssessmentAmount: 1126.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2026
Closed on
Aug 4, 2026
Sold by
Vachig Garabedian and Vahig Garabedian
Bought by
Seller's Agent
Kirk Garabedian
Keller Williams R. E. Services
Buyer's Agent
Ramiro Rivas
The Agency
List Price
$895,000
Sold Price
$845,000
Premium/Discount to List
-$50,000
-5.59%
Views
17

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28,629,129,172.25%

Purchase Details

Closed on
Aug 13, 2019
Sold by
Garabedian Hooshik
Bought by
Garabedian Vachig

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$501,000
Interest Rate
3.6%

Purchase Details

Closed on
Jun 11, 2019
Sold by
Amar Gardens Llc
Bought by
Garabedian Vachig and Garabedian Vahig

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$606,750
Interest Rate
3.7%

Purchase Details

Closed on
Nov 8, 2017
Sold by
Jouharyan Edward and Hovhannisyan Margarit
Bought by
Amar Gardens Llc

Purchase Details

Closed on
Sep 18, 2017
Sold by
Edmag Llc
Bought by
Jouharyan Edward and Hovhannisyan Margarit

Purchase Details

Closed on
Mar 3, 2012
Sold by
Jouharian Edward and Hovhannisyan Margarit
Bought by
Edmag Llc

Purchase Details

Closed on
Jul 21, 2011
Sold by
Lake Avenue Lender Llc
Bought by
Jouharyan Edward and Hovhannisyan Margarit

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
4.37%
Mortgage Type
Commercial

Purchase Details

Closed on
May 4, 2010
Sold by
Bye Dori N
Bought by
Lake Avenue Lender Llc

Purchase Details

Closed on
Oct 15, 2003
Sold by
Flis Albert J and Rowland Phyllis
Bought by
Bye Dori N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,000
Interest Rate
5.77%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 2, 2000
Sold by
Rowland Phyllis
Bought by
Flis Albert J and Rowland Phyllis

Purchase Details

Closed on
Feb 27, 1998
Sold by
Harman Frank W
Bought by
Rowland Phyllis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$343,100
Interest Rate
6.67%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 27, 1996
Sold by
Rowland Phyllis and Harman Frank W
Bought by
Harman Frank W
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Altadena, CA

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed -- Chicago Title Company
Warranty Deed -- Chicago Title Company
Warranty Deed $1,195,000 Chicago Title Company
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Grant Deed -- Stewart Title
Grant Deed $8,000 Chicago Title Company
Grant Deed $550,000 Ctc
Interfamily Deed Transfer -- --
Grant Deed -- --
Trustee Deed $92,623 Stewart Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $501,000 No Value Available
Previous Owner $606,750 No Value Available
Previous Owner $420,000 Commercial
Previous Owner $600,000 Commercial
Previous Owner $392,000 Commercial
Previous Owner $343,100 Seller Take Back
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/01/2026 09/01/26 Sold $845,000 -5.6% --
07/30/2026 07/30/26 Pending -- -- --
06/11/2026 06/11/26 For Sale $895,000 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $8,115 $652,578 $652,578
2025 $8,115 $639,783 $639,783
2024 $15,859 $1,281,279 $964,981 $316,298
2023 $15,721 $1,256,157 $946,060 $310,097
2022 $15,195 $1,231,527 $927,510 $304,017
2021 $14,426 $1,207,380 $909,324 $298,056
2019 $8,461 $2,111,400 $1,428,000 $683,400
2018 $8,479 $618,182 $413,962 $204,220
2017 $77 $606,062 $405,846 $200,216
2016 $8,193 $594,180 $397,889 $196,291
2015 $8,104 $585,256 $391,913 $193,343
2014 $7,958 $573,792 $384,236 $189,556
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: GD26127919

California Regional Multiple Listing Service (CRMLS)

APN: 5845-023-019

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