Coldwell Banker Commercial Realty Lists One of the First Multi-Family Projects Approved in Altadena, California Since Eaton Fires
ALTADENA, CALIF. (March 6, 2025) – Kathi Constanzo and Bill Ukropina of Coldwell Banker Commercial Realty are thrilled to announce the listing of 2214 N. Windsor Avenue, a fully permitted 54-unit mixed-use/residential development site, for $6,250,000. This listing represents a significant milestone as one of the first multi-family projects approved since the devastating Eaton Fires in January 2025.
The City of Altadena has shown strong support for this project, having put their recommendation in writing prior to January 2025. The development is poised to play a crucial role in the rebuilding efforts of the community. All permits for the project have been secured from the Los Angeles County Planning Department, ensuring that the development is ready to move forward without delay.
"Bill and I are beyond excited to be working with developers to rebuild Altadena," said Kathi Constanzo. "We are pleased to present one of the first fully permitted, mixed-use multi-family development opportunities in 2025."
The project features a proposed three-story, mixed-use residential and commercial development. The approximately 42,524 square-foot structure will include 54 apartment units on the second southern portion of the project site, along with approximately 2,122 square feet of ground floor retail space and a 639 square-foot ground temporary leasing office. The development will also provide 80 parking spaces and 41 bicycle parking spaces, all situated on a lot size of approximately 46,990 square feet.
The 54 apartment units include 30 studio units, 14 one-bedroom units, and 10 two-bedroom units. Of this total, five units will be restricted to extremely low-income households earning up to 30 percent of the Area Median Income (AMI); one unit will be restricted to very low-income households earning up to 50 percent AMI; and one unit will be reserved as a manager's unit. Pursuant to County Code Section 22.121.050.E., the affordability term for rental affordable housing set-aside units shall be in perpetuity.
For more information, please contact Kathi Constanzo at (626) 898.2308 or Kathi.Constanzo@cbcnrt.com, or Bill Ukropina at (626) 844.2200 or Bill.Ukropina@cbcnrt.com.
About Coldwell Banker Commercial Affiliates
Coldwell Banker Commercial Realty, an affiliate of Coldwell Banker Commercial®, provides commercial real estate solutions serving the needs of owners and occupiers in the leasing, acquisition and disposition of all property types. With a collaborative network of independently owned and operated affiliates, the Coldwell Banker Commercial organization comprises of nearly 200 independently owned and operated affiliates as well as owned brokerage and more than 3,000 professionals in 40 countries. For additional information, visit www.cbcworldwide.com.
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Media Contact: Kevin Guhl, kevin.guhl@cbrealty.com 973-407-5916
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