1562 N Lake Avenue Pasadena, CA ^$ 1,699,000

1562 N Lake Avenue

^$ 1,699,000

Back to search

Recently Listed

1562 N Lake Avenue

Pasadena, CA, 91104

^$ 1,699,000

Studio Baths1.0 Sq 3,793

Monthly Estimate*

^$ 10,461

Listed by EXP REALTY

1562 N Lake Avenue, Pasadena, CA 91104 - Image 1

1562 N Lake Avenue, Pasadena, CA 91104 - Image 2

1562 N Lake Avenue, Pasadena, CA 91104 - Image 3

1562 N Lake Avenue, Pasadena, CA 91104 - Image 4

1562 N Lake Avenue, Pasadena, CA 91104 - Image 5

1562 N Lake Avenue, Pasadena, CA 91104 - Image 6

1562 N Lake Avenue, Pasadena, CA 91104 - Image 7

1562 N Lake Avenue, Pasadena, CA 91104 - Image 8

1562 N Lake Avenue, Pasadena, CA 91104 - Image 9

1562 N Lake Avenue, Pasadena, CA 91104 - Image 10

1562 N Lake Avenue, Pasadena, CA 91104 - Image 11

1562 N Lake Avenue, Pasadena, CA 91104 - Image 12

1562 N Lake Avenue, Pasadena, CA 91104 - Image 13

1562 N Lake Avenue, Pasadena, CA 91104 - Image 14

1562 N Lake Avenue, Pasadena, CA 91104 - Image 15

1562 N Lake Avenue, Pasadena, CA 91104 - Image 16

1562 N Lake Avenue, Pasadena, CA 91104 - Image 17

1562 N Lake Avenue, Pasadena, CA 91104 - Image 18

1562 N Lake Avenue, Pasadena, CA 91104 - Image 19

1562 N Lake Avenue, Pasadena, CA 91104 - Image 20

1562 N Lake Avenue, Pasadena, CA 91104 - Image 21

1562 N Lake Avenue, Pasadena, CA 91104 - Image 22

1562 N Lake Avenue, Pasadena, CA 91104 - Image 23

1562 N Lake Avenue, Pasadena, CA 91104 - Image 24

1562 N Lake Avenue, Pasadena, CA 91104 - Image 25

1562 N Lake Avenue, Pasadena, CA 91104 - Image 26

1562 N Lake Avenue, Pasadena, CA 91104 - Image 27

Studio

Multi-Family Home for sale in Pasadena, CA

for $1,699,000 with 1 full bath. This 3,793 square foot home was built in 1907 on a lot size of 0.2741.

Rare 4-Unit Multifamily property in North Pasadena (this property qualifies for residential financing). Ideal mix of 2 x (2B+2B), 1 x (2B+1B), 1x (1B+1B). Building Size is 3,793 SF situated on large 11,936 SF lot . Each unit has their own covered carport parking. All units are currently occupied and all tenants are current on rents. Recent upgrades have been done on the property: new roofs, electrical panels, bathrooms, kitchen, flooring, and more (list of upgrades can be emailed over). Front unit is a detached home with 2 bedroom + 2 bathroom plus a bonus room that can be used as a 3rd bedroom or a home office. Ample outdoor space for landscaping or outdoor enjoyment.

Multi-Family Active

Price

^$ 1,699,000

Bedrooms

Studio

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.2741

Year Built

1907

Town/City

Pasadena

County/Region

Los Angeles

MLS | Web ID

AR26061624

Days on Market

Features

General

Sewer Public Sewer

Heating Central

Garage Spaces 0

Pool Features None

Year Built 1907

Property Subtype Quadruplex

Gross Income 110640

Community Features Urban

County Los Angeles

Net Operating Income 83498

Operating Expense 27142

Insurance Expense 3000

New Construction false

Property Type Residential Income

Garage Y/N false

Special Listing Conditions Standard

Status Active

Directions 1562 N Lake Ave Pasadena CA 91104

City Pasadena

Entry Location 1

Senior Community Y/N false

Number Of Units Total 4

MLS Area 645 - Pasadena (NW)

Lot Size Units Square Feet

Lot Size Square Feet 11939

Listing Terms Cash Cash to New Loan

Property Attached Y/N true

Land Lease Y/N false

Electric Expense 958

Fuel Expense 287

Trash Expense 368

Water Sewer Expense 688

Additional Parcels Y/N false

Rent Control Y/N true

Building Area Units Square Feet

Standard Status Active

Year Built Source Public Records

Tax Lot 4

Property Sub Type Additional Quadruplex

Taxes 18604

Cap Rate 4.91

Interior

Total Stories 2

Common Walls 2+ Common Walls

Heating Y/N true

Laundry Features Electric Dryer Hookup Gas Dryer Hookup Laundry Room

Entry Level 1

Exterior

Lot Features 2-5 Units/Acre

Water Source Public

Total Parking 0

Lot Size Area 11939

Number of Buildings 2

Building Area Total 3793

Lot Size Acres 0.2741

Private Pool false

Lot Size Source Assessor

Number of Separate Water Meters 1

Number of Separate Gas Meters 2

Number of Separate Electric Meters 3

* Excluded Features

List By

Exp Realty

Broker

DONALD@DONALDLAREALTY.COM

Affordability Calculator

$10,461

Per Month

Monthly Principal & Interest: $10,461
Monthly Property Taxes: --
Monthly Home Insurance: --

Set your offer price

Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

THE TIME TO SELL IS NOW! What's my home worth?

Nearby

Trends
Schools

Multi-family listings in Pasadena, CA

Average List Price ^$2,288,094

Percent of Sale Price 35%

About Pasadena, CA

141,450 Population

6% Since 2002

^$77,514 Median Income

39.52 Median Age

22% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/23/2026	$1,699,000		Listed Price

Map

More homes like this one

homes for you

See all

1562 N Lake Avenue, Pasadena, CA, 91104 is a Multi-Family Home for sale at $1,699,000 with 3,793 sqft and a lot size of 0.2741. 1562 N Lake Avenue is a studio with 1.0 baths and was built in 1907. The property's zip code is 91104 which is in Pasadena, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 3/25/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

*Full Name

*Email

*Phone

I am interested in financing options

Get more info

By submitting the form, you agree that Weichert^® may contact you via phone or text about your inquiry, which may involve the use of automated means. You are not required to consent as a condition of purchasing any property, goods or services. For any other information please read our privacy policy.

Get more info

Looking for an Associate?

Already Working with an Associate?

1562 N Lake Avenue

Multi-Family Home for sale in Pasadena, CA

Affordability Calculator

Map

More homes like this one

Get more info about this home