Pre-Development
Los peldanos
434-470 N. Lake Avenue, Pasadena, CA 91101 | Google Map
Last Updated: 5/8/26
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Acquired: 2025
Construction: Expected 2028
Live: Expected 2032
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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.
Interested in Leasing? Apply directly in our Leasing 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.