2058 Lake Avenue
Description
- Listed by John Fredrickson • DRE #00853111 • Brokerage DRE #00899496 • Sotheby's International Realty
Property Details for 2058 Lake Avenue
Property Details for 2058 Lake Avenue
| Status | Active |
|---|---|
| MLS # | PF24148851 |
| Days on Market | 109 |
| Taxes | - |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | 2-4 Units |
| Year Built | - |
| Lot Size | 0.57 AC / 24,742 SF |
| County | Los Angeles County |
Building Information for 2058 Lake Avenue
Property Information for 2058 Lake Avenue
- System ID: 306222879
- Class: 2-4 UNITS
- Levels: 2 Story
- Street Number Numeric: 2058
- Street Direction: N
- Street Name: Lake Avenue
- Directions To Property: Between New York and Mendocino
- Home Owner Fees: $0
- CFD/Mello-Roos Fee: $0
- CFD/Mello-Roos Fee Reflct: Year
- Supplement: Property Details: This investment opportunity comprises two parcels of land totaling 24,744 square feet. The current development on these parcels includes: Parcel 1: A 9-unit apartment complex featuring a mix of 6 one-bedroom and 3 two-bedroom units. Additionally, this parcel boasts three 2-car garages and on-site laundry facilities. Parcel 2: Positioned to the north, this parcel includes a single-family residence at the rear of the property with a detached garage conversion. Notably, the front portion of this parcel offers ample parking space for up to 18 vehicles and a site for development. Opportunity 1: Expansion and Conversion: The prospective investor can explore the possibility of adding additional units to the parking area. Additionally, there exists the potential to convert the current garages into income-generating units, thereby maximizing the revenue potential of the property. Opportunity 2-A new development of low income housing for Senior citizens or Alternatively, investors may opt to embark on a new development project encompassing both parcels. This comprehensive approach allows for the creation of a fresh, integrated development plan spanning across the entire property. Importantly, rental income from the existing structures can be sustained throughout the planning and entitlement phase of the new development, ensuring financial stability and flexibility.
- Pool: N/K
- Total Stories: 2
- Entry Only: No
- Lot Size Source: Assessor Record
- Topography: Level
- Site: Sidewalks
- Zoning: Assessor
- Assessors Parcel Num: 5845010015
- Miscellaneous: Value in Land
- Sewer/Septic: Sewer Connected
- Unit Num for Unit 1: 1
- Parking Garage Unit 1: Assigned
- Unit 1 Num of Bedrooms: 1
- Unit 1 Num of Total Baths: 1
- Unit 1 Rent Actual: $1,565
- Unit Num for Unit 2: 2
- Unit 2 Num of Bedrooms: 2
- Unit 2 Num of Total Baths: 1
- Unit 2 Rent Actual: $2,188
- Unit Num for Unit 3: 3
- Unit 3 Num of Bedrooms: 1
- Unit 3 Num of Total Baths: 1
- Unit 3 Rent Actual: $2,550
Property History for 2058 Lake Avenue
| Date | Event & Source | Price | Appreciation |
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| Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 2058 Lake Avenue
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Charter - | K to 5 |
Rating | School | Distance |
|---|---|---|
Altadena Elementary School PublicK to 5 | ||
Charles W. Eliot Middle School Public6 to 8 | ||
Pasadena High School Public9 to 12 | ||
Aveson School Of Leaders CharterK to 5 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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Listing Courtesy of Sotheby's International Realty, John Fredrickson, DRE #00853111
Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.