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$2,000,000
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Property Description
Do not miss seeing this extraordinary opportunity to own an exceptionally well maintained and updated triplex in the heart of Pasadena. This stately 1924 Mediterranean style triplex is perfectly sited on a large 11,901 square foot lot with a deep setback and wonderful curb appeal. The impressive upstairs residence feels like a private, house-like retreat, filled with natural light and offering high ceilings, character details, two bedrooms including a Primary Suite, two beautifully remodeled full baths, front and rear entries, a large rear patio, wrap-around balcony, central air, gleaming hardwood floors and private in-unit laundry. The downstairs level includes a one bedroom, one bath unit and a separate studio unit, each thoughtfully remodeled and well appointed. All three units have their own interior laundry, front and rear doors and one garage space. A remodeled storage room is currently used as a small office and leased by a tenant. Over $250,000 in improvements have been completed over the past two years, including newer roofing, automatic security gate, extensive landscaping, new electrical panels and upgraded subpanel, Eaton fire remediation, select interior painting, plumbing repairs, HVAC improvements with duct replacement, attic repairs with insulation removal and replacement, office conversion and new mailboxes. Ideally located close to shopping, dining, transportation and everyday conveniences, this property offers pride of ownership, strong versatility and excellent long-term value. Lot size is approximately 61 by 195. Photos are of the two smaller units; no photos available for the spacious upstairs residence. Come visit and see for yourself.
Full Property Details
Full Property Details for 1550 N Lake Ave
General
- Sold For: $2,000,000
- Status: Closed
- Type: Triplex
- Source: MRMLS
- MLS ID: P1-25968
- Added to Site: 124 day(s) ago
Interior
- Rooms/Areas: Laundry, See Remarks, Kitchen, Living Room
- Interior Features: Crown Molding, Built-in Features, Living Room Balcony, High Ceilings, Recessed Lighting
- Fireplace: Yes
- Fireplace(s): Decorative, See Remarks, Living Room
- Eating Areas: Breakfast Counter/Bar, Dining Room, See Remarks
- Appliances: Refrigerator, Gas Range, Dishwasher
- Flooring: See Remarks, Wood
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Inside, Individual Room, See Remarks, Washer Included, Dryer Included
Additional Information
- Pool Description: None
- Spa Description: None
Exterior
- Deck/Patio: Covered, See Remarks, Patio, Wraparound
Parking
- Garage: Yes
- Garage Spaces: 3
- Parking: Automatic Driveway Gate, Driveway, See Remarks
Location
- County: Los Angeles
- Driving Directions: East side of Lake Avenue; North of Washington
Community
- Community Features: Urban
Heating & Cooling
- Cooling Type: Central Air, Ductless
- Heating Type: Ductless, See Remarks, Central
Utilities
- Sewer: Public Sewer
- Water: See Remarks
Structural Information
- Architectural Style: Mediterranean
- Structure Type: Triplex
- Roof: See Remarks
- Common Walls: No Common Walls
- Entry Location: Front doors and rear, as well.
- Stories/Levels: Two
- Stories Description: Two
- Square Feet: 3,022
- Sq. Ft. Source: Assessor
- Year Built: 1924
- Year Built Source: Assessor
- Property Condition: Turnkey, Updated/Remodeled
Lot Features
- Property View: Mountain(s)
- Lot Size (Acres): 0.2732
- Lot Size Source: Assessor
- Irrigation System: Sprinkler System
- Fencing (Description): Electric, New Condition, See Remarks, Excellent Condition, Wrought Iron
Financial Considerations
- Price Per Sq. Ft.: $661.81
Disclosures and Reports
- Special Conditions: Standard
- Inclusions: Washer/Dryer/All appliances as noted in the MLS for the bottom two units - all appliances noted in the MLS for the top unit.
Listed by Sotheby's International Realty, Augusta Sanborn
Sold by Pellego, Inc, Cynthia Low
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Schools
Schools serving 1550 N Lake Ave
School District:Pasadena Unified School District
| Name | Grades | Distance |
|---|---|---|
Longfellow (Henry W.) Elementary School 1065 East Washington Boulevard, Pasadena, CA 91104 | K-5 | 0.3 mi |
Charles W. Eliot Middle School 2184 Lake Avenue, Altadena, CA 91001 | 6-8 | 0.7 mi |
Pasadena High School 2925 East Sierra Madre Boulevard, Pasadena, CA 91107 | 9-12 | 2.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1550 N Lake Ave
Date
Details
Price
Change
Source
5/22/2026
Sold
$2,000,000
-4.76%
MLS
2/23/2026
Listed
$2,100,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1550 N Lake Avenue, Pasadena, CA 91104 (MLS# P1-25968) is a Triplex property that was sold at $2,000,000 on May 22, 2026. Want to learn more about 1550 N Lake Avenue? Do you have questions about finding other Triplex real estate for sale in Pasadena? You can browse all Pasadena real estate or contact a Coldwell Banker agent to request more information.

