USACAPasadenaNot Applicable1104 N Lake Avenue
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$1,358,000

For Sale

A day ago

1104 N Lake Avenue, Pasadena, CA

MLS® P1-26233

0 Bed

0 Bath

--

6 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type Mixed Use
Levels Residential Income
Size -
Garage No
HOA Fees 
Taxes $11,132
Days Active 1
Approx. Age 1951
MLS® Number P1-26233

Property Address: 1104 N Lake Avenue, Pasadena, CA, 91104

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

Description

REDEVELOPMENT OPPORTUNITY: Here is a rare opportunity to acquire a prime infill site in the heart of the newly adopted North Lake Specific Plan (NLSP). Located at 1104 N. Lake Ave, this 8, 618 SF parcel sits within the high-growth Washington Place subarea, designated for Washington Mixed-Use (NLSP-WMU). This zoning is a cornerstone of Pasadena's 'Great Streets' initiative, designed to transform this corridor into a vibrant, pedestrian-first urban village.The site currently features a well-maintained 3-unit residential with a 4th non-conforming dwelling, providing immediate cash flow during the entitlement process. The true value lies in the Maximum Build-Out Potential. Under current NLSP standards, the site supports a base density of 48 units per acre (approx. 10 units). By utilizing the State Density Bonus (AB 1287/SB 1818), developers can achieve an estimated 15-20 units with a 4-story 'Wedding Cake' structure. Boasting a 'Very Walkable' score, the site is steps from Washington Park, the historic Bungalow Heaven district, and the thriving retail nodes of Washington Blvd. It serves as a critical link to the Metro A Line (Lake Station), making it a 'Transit-Priority Area' (TPA) that qualifies for significant parking reductions and expedited CEQA processing.Position your portfolio at the leading edge of Pasadena's most significant urban redesign in decades. 1104 N. Lake Ave is not just a lot; it's the future of North Pasadena.
MLS® NumberP1-26233
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry LevelCommon Area, Laundry Room, See Remarks
Exposure
Exterior
GarageNo
Approx. Age1951
Stories1
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 12, 2026List Date
$1,358,000List Price
  • Commute

Commute

Starting Address
Destination Address
1104 N Lake Avenue, Pasadena, CA

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