For Sale $10,500,000
Property Type Office
Units 0
Lot Size 50,965 SF
Additional Rent Contact for pricing
# of Floors 3
Parking Spaces Avail. 92
Building Class B
Year Built 1959
Year Renovated 2023
Date Updated Sep 18, 2024

Introducing CHASE PLAZA - a lucrative investment opportunity located at 2333 N Lake Ave, Altadena, CA.

This fully occupied office/retail building boasts a prime spot in Los Angeles County, offering a 26,249 SF space on a 1.17-acre lot. With a solid NOI of $480,880 (current) and $10,500,000 price tag, this property presents a 4.58% cap rate, showcasing its financial potential. Built-in 1959 and renovated in 1991, the property features modern amenities such as LED lighting, concrete parking surface with 92 parking spaces, and a convenient NNN/MG lease type. 100% Occupied building with well established anchor tenants. The demographics within 1, 3, and 5 miles reflect a strong market with population and income levels conducive to business growth. Don't miss out on this incredible investment opportunity at CHASE PLAZA, where a bustling location meets a solid financial profile, making it a standout property in the Altadena market.

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Location

Getting Around

Walk Score ®
85/100 Very Walkable
Bike Score ®
39/100 Somewhat Bikeable

City Altadena, CA
Neighborhood Altadena
Zip Code 91001
Market Los Angeles

Points of Interest

Allen

2.56 miles
Fillmore

3.75 miles
Sierra Madre Villa

3.90 miles
Arcadia

6.60 miles
Heritage Square

8.28 miles
Lincoln/Cypress

8.88 miles

Exxon Mobil

0.32 miles
ARCO 42933

0.55 miles
Mobil

1.10 miles
ARCO 42205

1.12 miles
Ralphs Gas Station

1.17 miles
ARCO 54678

1.20 miles
Panther Petrol

1.35 miles
76

1.98 miles
ARCO 42757

2.09 miles
Mobil

2.33 miles

St Mark's Parking Lot

0.28 miles
Country Club Parking Lot

0.60 miles
Altadena Golf Course Parking

0.70 miles
Loma Alta Park Staging Area

1.77 miles
The Carnegie Observatories

2.09 miles
JPL Building 349 (Parking Structure B)

2.34 miles
Oak Grove (Lower) Parking Lot

2.55 miles
Equestrian Staging Area

2.66 miles
visitor parking

2.68 miles
Student Parking Lot No.10

2.90 miles

Westin Pasadena

2.63 miles
Altadena Lodge

2.67 miles
Residence Inn

2.70 miles
Centennial Place

2.74 miles
Vagabond Inn

2.78 miles
Courtyard

2.79 miles
Pasadena Hotel & Pool

2.81 miles
Howard Johnsons

2.88 miles
Saga Motor Hotel

2.88 miles
Hyatt Place Pasadena

2.90 miles

Fox's Restaurant

0.05 miles
Jack in the Box

0.05 miles
10th Hole Bar and Grill

0.72 miles
Fair Oaks Burger

1.02 miles
Acai Bar

1.30 miles
Bacchus' Kitchen

1.32 miles
Tacos Ensenada

1.57 miles
Panda Express

1.57 miles
Shawerma Masters

1.61 miles
Mijares Mexican Restaurant

1.61 miles

Altadena Elementary School

0.17 miles
Eliot Middle School

0.22 miles
Saint Elizabeth School

0.60 miles
Waldorf

0.84 miles
Pasadena Christian School

1.16 miles
Longfellow Elementary School

1.16 miles
William Carey International University

1.21 miles
Burbank Elementary School

1.23 miles
Edison Elementary School

1.24 miles
Noyes Elementary School

1.25 miles

Sunrise Preschool

3.72 miles
Top Kids Pre-School

8.85 miles
Gates Early Education Center

8.91 miles
Disney Day Care

9.16 miles
Neighborhood Nursery School

9.46 miles

Frequently Asked Questions

How much does Chase Plaza cost?

The space currently listed for sale at Chase Plaza asks for $10,500,000.

What is the total square footage of Chase Plaza?

Chase Plaza totals 26,249 square feet.

When was this property built?

Chase Plaza was built in 1959.

Looking for more in-depth information on this property?

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