1550 N Lake AV
Pasadena, CA, 91104
$2,100,000
Beds
0 Baths
0 SqFt
0.27 Acres
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MLS #P1-26085 image #0
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!

Property Details

Price:
$2,100,000
MLS #:
P1-26085
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Neighborhood:
645pasadenanw
Listed Date:
Mar 3, 2026
Total Sq Ft:
3,022
Lot Size:
11,901 sqft / 0.27 acres (approx)
Year Built:
1924
Mediterranean, See Remarks645 – Pasadena (nw)645pasadenanwMountain(s)

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Schools

Interior

Appliances
DW, RF, GR
Cooling
CA, SEE, DUC
Flooring
SEE, WOOD
Heating
SEE, CF, DUC
Laundry Features
IR, IN, SEE, DINC, WINC

Exterior

Architectural Style
MED, SEE
Community Features
URB
Parking Spots
3
Roof
SEE, TLE
Security Features
AG

Financial

Net Operating Income
$90,000

Map

Community

Market Summary

Current real estate data for Single Family in Pasadena as of Mar 09, 2026
336
Single Family Listed
56
Avg DOM
428
Avg $ / SqFt
$1,437,291
Avg List Price

Property Summary

    Located in the Not Applicable subdivision, 1550 N Lake AV Pasadena CA is a Single Family for sale in Pasadena, CA, 91104. It is listed for $2,100,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1924. The average price per square foot for Single Family listings in Pasadena is $428. The average listing price for Single Family in Pasadena is $1,437,291.

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