Pre-Development

Los peldanos

434-470 N. Lake Avenue, Pasadena, CA 91101 | Google Map

Last Updated: 5/8/26

    • Acquired: 2025

    • Construction: Expected 2028

    • Live: Expected 2032

    • Long Beach Development Services

    • CSH

    • KFA Architecuture for Los Angeles (KFA)

    • Levine Management Group Inc. (LMG)

    • Mental Health America Los Angeles (MHALA)

    To view our operations partners, construction team, and capital funders, visit our Partners page.

Los Peldanos is a proposed mixed-income housing community at 434–470 N. Lake Avenue in Pasadena. The project is being planned as a public-private partnership that makes long-term use of a significant civic site to deliver affordable rental homes, for-sale homes, shared community spaces, and a substantial amount of community-serving commercial space.

The current concept includes approximately 150 rental homes and approximately 80 for-sale condominium homes, creating a rare opportunity to integrate affordable, moderate-income, and market-rate housing within a single coordinated development. The rental component is expected to serve households across a wide income range, while the ownership component is being studied as a path to expand access to homeownership for moderate-income households alongside market-rate homes.

Holos is working with its JV partner and design team to refine a phased concept that may include below-grade parking, ground-floor commercial space, shared amenity and community areas, rental housing, and for-sale housing. Given the site’s history, Holos is especially interested in exploring a health care-oriented commercial use, while remaining focused on flexible community-serving spaces that can respond to Pasadena’s needs over time. As the design evolves, Los Peldanos reflects Holos’ broader approach to public land development: combining affordability, mixed-income housing, sustainability, and neighborhood-serving uses in a way that creates lasting public benefit.

Please note that images and pictures are initial concepts and will be developed further as the project progresses.

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