1550 N Lake Avenue, Pasadena, CA 91104 (MLS # P1-25968)

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PRICE $2,100,000 dsIDX morgage calculator
BEDS 3
BATHS 4
HOME SIZE 3,022 sqft
LOT SIZE 11,901 sqft

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!

DAYS ON MARKET 26 LAST UPDATED 2/23/2026
YEAR BUILT 1924 COMMUNITY 645 - Pasadena (NW)
GARAGE SPACES 3.0 COUNTY Los Angeles
STATUS Active PROPERTY TYPE(S) Single Family


ADDITIONAL DETAILS
AIR Central Air, Ductless
AIR CONDITIONING Yes
APPLIANCES Dishwasher, Dryer, Gas Range, Refrigerator, Washer
AREA 645 - Pasadena (NW)
EXTERIOR Balcony
FIREPLACE Yes
GARAGE Yes
HEAT Central, Ductless, See Remarks
INTERIOR Breakfast Bar, Built-in Features, Crown Molding, High Ceilings, Recessed Lighting, See Remarks
LOT 0.2732 acre(s)
LOT DIMENSIONS 11901
PARKING Driveway, Electric Gate, See Remarks
POOL DESCRIPTION None
SEWER Public Sewer
STORIES 2
STYLE Mediterranean
VIEW Yes
VIEW DESCRIPTION Mountain(s)
WATER See Remarks
MORTGAGE CALCULATOR
   

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CONTACT US ABOUT 1550 N LAKE AVENUE
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Listed with Sotheby's International Realty

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. as of 3/17/26 5:11 AM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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