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$2,800,000

  • For Sale
  • Active
  • Multi-Family
See This Home
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See This Home
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Step into this beautifully preserved 1922 Spanish-style quadruplex, ideally located just above Mountain Street on vibrant Lake Avenue. All 4 units offer 2 bedrooms and 1 bath, blending timeless charm with thoughtful updates, including hardwood floors, original built-ins, a formal dining room, and a cozy breakfast nook. The spacious layouts are filled with natural light, complemented by some updated electrical and in-unit laundry hookups. A generous shared backyard provides plenty of space to relax or entertain. With four single-car garages, this property offers the best of urban living with classic architectural character. Plenty of upside potential and opportunity for expansion. 3 units are currently tenant-occupied and professionally managed. 1 will be delivered vacant. Zoned PSC.

Full Property Details for 1157 1165 Lake Ave

General

  • Price: $2,800,000
  • Status: Active
  • Type: Multi-Family
  • Source: MRMLS
  • MLS ID: P1-24296
  • Updated: 12/15/2025
  • Days on Market: 113 days
  • Added to Site: 113 day(s) ago

Interior

  • Rooms/Areas: Kitchen
  • Interior Features: Built-in Features, Crown Molding
  • Fireplace(s): Decorative, Living Room
  • Appliances: Free-Standing Range
  • Flooring: Wood

Rooms

Other Rooms

  • Laundry: Inside

Additional Information

  • Pool Description: None
  • Spa Description: None

Parking

  • Garage Spaces: 4
  • Parking Features: Driveway
  • Parking: Driveway

Location

  • Area: 646 - Pasadena (NE)
  • County: Los Angeles
  • Development Name: 646 - Pasadena (NE)
  • Driving Directions: South of Washington North of Mountain

Heating & Cooling

  • Cooling Type: Wall/Window Unit(s)
  • Heating Type: Gravity

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • # Water Meters: 1
  • # Gas Meters: 4
  • # Electric Meters: 4

Structural Information

  • Architectural Style: Spanish
  • Stories/Levels: One
  • Stories Description: One
  • Square Feet: 4,608
  • Year Built: 1923

Unit Information

Unit 1

  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 2

  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 3

  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 4

  • Total Bathrooms: 1
  • Bedrooms: 2

Lot Features

  • Property View: None
  • Lot Size (Acres): 0.4845
  • Lot Size (Sq. Ft.): 21,106
  • Lot Size Source: Assessor
  • Lot Description: Yard

Financial Considerations

  • Price Per Sq. Ft.: $607.64

Listed by Berkshire Hathaway Home Servic, Giusy Mele-Brown

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Listing agent

— 1157 1165 Lake Ave —

  • Giusy Mele-Brown

    Berkshire Hathaway Home Servic

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1157 1165 Lake Ave

School District:Pasadena Unified School District
NameGradesDistance
Longfellow (Henry W.) Elementary School
1065 East Washington Boulevard, Pasadena, CA 91104
K-50.3 mi
Charles W. Eliot Middle School
2184 Lake Avenue, Altadena, CA 91001
6-81.2 mi
John Muir High School
1905 N. Lincoln Ave., Pasadena, CA 91103
9-121.8 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1157 1165 Lake Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/26/2025
Listed
$2,800,000
344.44%
MLS
3/02/2020
Sold
$630,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1157 1165 Lake Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$11,855
6%
$984,275
4%
2023
$11,149
4%
$946,057
2%
2022
$10,766
4%
$927,508
2%
2021
$10,326
275%
$909,323
341%
2020
$2,754
—
$206,052
2%
2019
$2,758
2%
$202,013
2%
2018
$2,702
2%
$198,052
2%
2017
$2,661
3%
$194,170
2%
2016
$2,581
1%
$190,364
2%
2015
$2,552
1%
$187,506
2%
2014
$2,519
—
$183,834
—
2013
$2,516
—
$183,004
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 1157 1165 Lake Ave

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by Berkshire Hathaway Home Servic, Giusy Mele-Brown

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1157 1165 Lake Avenue, Pasadena, CA 91104 (MLS# P1-24296) is a Multi-Family property with units containing 0 bedrooms and 0 full bathrooms. 1157 1165 Lake Avenue is currently listed for $2,800,000 and was received on September 26, 2025. Want to learn more about 1157 1165 Lake Avenue? Do you have questions about finding other Multi-Family real estate for sale in Pasadena? You can browse all Pasadena real estate or contact a Coldwell Banker agent to request more information.

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