$1,160,000

This large, 1941 sqft medical building previously served as a dentist's office and is now the Altadena Boys and Girls Academy. The layout lends itself to configuring the space into ~10 offices/patient rooms, with a large lobby/intake area in the middle of the building. There is a large ~3200 sqft paved lot behind the building accessible via the driveway to the South of the structure. Leasing to a NNN Medical tenant would command significantly higher rents and dramatically lower the expenses, resulting in a 6.5-7% Cap property. The property is available alone, or together with the adjacent house (zoned commercial) at 2159 Lake Ave. in listing SB23095443. Seller financing will be considered with qualified offers. The garages are part of the neighboring property and will not be included with the sale of 2151 Lake.

Listing Map