1550 N Lake Ave, Pasadena, CA

Name: 1550 N Lake Ave, For Sale in Pasadena - eXp Realty
Brand: Sotheby's International Realty
SKU: P1-25968
Price: 2100000 USD

Real Estate

For Sale

Listed price in listed location currency (USD).

$2,100,000

343

MLS® P1-25968

Key Facts
Description
Map

Key Facts

Type Triplex

Levels Residential

Size 3022 sqft

Garage Yes

Taxes

Days Active 2

Lot Size 0.2732 acres

Approx. Age 1924

Avg. Price Per Sqft $694

MLS® Number P1-25968

Property Address: 1550 N Lake Ave, Pasadena, CA, 91104-2306

Average square foot calculated using Size range provided by listing agent.

Description

Do not miss seeing this extraordinary opportunity to live in an absolutely beautiful unit while leasing the others out or to become a landlord of an extremely well maintained and updated triplex in the heart of Pasadena. This stately Mediterranean style triplex, built in 1924, is perfectly sited on a large 11, 901 square foot lot with a deep setback and exceptional curb appeal. You might not normally think of living on the top second floor of a gorgeous triplex like this, but perhaps you are in need of housing while rebuilding, or you would simply like to take advantage of living in one fabulous home while increasing income with the other two units. This truly is the live-in investment opportunity you have been thinking about, offering move in ready condition and exceptional pride of ownership. It is like a birdhouse with the best features and benefits of a traditional home. The private upstairs unit is gorgeous, spacious, and light filled, offering wonderful upgrades and the best of character detailing, featuring two spacious bedrooms, two remodeled baths, its own entry, a large patio, balcony, central air, hardwood floors, and private laundry inside the unit. This beautifully maintained complex consists of three units, and all units feature their own private laundry inside, providing excellent convenience for residents. The downstairs level offers a one bedroom, one bath unit and a separate studio unit, each well appointed and thoughtfully updated. Each unit includes one garage space plus additional storage that may be used by the owner or rented for extra income. Over $250, 000 of upgrades and improvements have been invested into this exceptional property over the past two years, including roof work, automatic security gate, extensive landscaping, new electrical panels and upgraded subpanel, Eaton fire remediation, select interior painting, plumbing repairs, HVAC improvements with duct replacement, attic repairs with insulation removal and replacement, and new mailboxes. Ideally located within walking distance to shopping, dining, transportation, and everyday conveniences, the property is positioned to benefit from the ongoing North Lake Street renaissance and Pasadena's continued revitalization. Lot size is approximately 61 by 195. Buyer and broker to verify all information with the city regarding development.

MLS® NumberP1-25968

Laundry LevelSee Remarks

Central VacNo

FireplaceNo

Acreage0.2732

Exterior

GarageYes

Approx. Age1924

Basement

Driveway

Garage Spaces3

Heat

A/C

Heating Fuel

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Feb 23, 2026List Date

$2,100,000List Price

Commute

Commute

Starting Address

Destination Address

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