USACAPasadenaNot Applicable1550 N Lake Ave

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 14

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, 91104-4521

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

Description

Do not miss seeing this extraordinary opportunity to live in a beautiful, spacious unit while leasing the others out or to simply become a landlord of an extremely well maintained & 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 & exceptional curb appeal. You might not normally think of living on the top 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 building wealth leasing the other units. This truly is the live-in investment opportunity you have been thinking about & looking for, offering move-in ready condition & exceptional pride of ownership. The upstairs home is like a birdhouse w/ the best features & benefits of a traditional home. This private upstairs unit is gorgeous, spacious & light filled, with high ceilings, offering wonderful upgrades as well as character details galore, featuring a Primary Suite as well as another spacious bedroom, two beautifully remodeled full baths, its own entries, both front and rear, a very large back patio, wrap-around balcony, central air, gleaming hardwood floors, & private laundry inside the unit. This amazing triplex has 3 units, each w/ their own interior laundry & both front & rear doors for convenience. The downstairs level offers a one bedroom, one bath unit & a separate studio unit, each well appointed & thoughtfully remodeled. Each unit includes one garage space. There is an additional storage room that has been remodeled as a small office & is currently leased by a tenant. Over $250, 000 of upgrades and improvements have been invested into this exceptional property over the past two years, including newer roofing, automatic security gate, extensive landscaping, new electrical panels & upgraded subpanel, Eaton fire remediation, select interior painting, plumbing repairs, HVAC improvements with duct replacement, attic repairs with insulation removal & replacement, storage room to office use & new mailboxes. Ideally located close to shopping, dining, transportation, & everyday conveniences, the property is positioned to grow in value, in a landmark district w/ gorgeous homes located just one block behind. Lot size is approx 61 by 195. Photos are of the 2 smaller units; No photos available for the house-like unit - come visit and see for yourself/call for info!

MLS® NumberP1-25968

Laundry LevelInside, Laundry Room, See Remarks

Central VacNo

FireplaceNo

Acreage0.2732

Exterior

GarageYes

Approx. Age1924

Basement

DrivewayDriveway, Electric Gate, See Remarks

Garage Spaces3

Heat

A/C

Heating Fuel

Extras

Washer/Dryer/All appliances as noted in the MLS for the bottom two units - all appliances noted in the MLS for the top unit.

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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