2076 LAKE AVE, Altadena, CA, 91001

Excellent Unit Mix - Altadena is one of the hottest submarkets undergoing potential for growth and urbanization. 2076 Lake Ave boasts strong rent collections throughout the pandemic. First Time On The Market in 18 Years - Family owned and operated for the past 18+ years, providing a savvy investor the opportunity to reposition this longtime family owned apartment building. This wonderful complex is 4+1 featuring 5 physical units 1 of which *Is Unpermitted*: (1 unit) Studio/1 Bath, (1 unit) 2 Bed/2 Bath, (1 unit) 2 bed/1 Bath, and (2 units) 1 Bed/1 Bath. Rental Upside Potential - 2076 Lake Ave contains more than 40% in rental upside. Centrally Located and within 3 miles of major freeways, Old Town Pasadena, Pasadena City College, JPL and the The Rose Bowl. Value-Add Opportunity - Ability to reposition the asset to market rents. High-Demand Submarket