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$1,699,000

  • For Sale
  • Active
  • Multi-Family
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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.

Full Property Details for 1562 N Lake Ave

General

  • Price: $1,699,000
  • Status: Active
  • Type: Multi-Family
  • Source: MRMLS
  • MLS ID: AR26061624
  • Updated: 3/24/2026
  • Days on Market: 45 days
  • Added to Site: 46 day(s) ago

Rooms

Other Rooms

  • Laundry: Individual Room, Gas & Electric Dryer Hookup

Additional Information

  • Pool Description: None

Location

  • Area: 645 - Pasadena (NW)
  • County: Los Angeles
  • Development Name: 645 - Pasadena (NW)
  • Driving Directions: 1562 N Lake Ave, Pasadena, CA 91104

Heating & Cooling

  • Heating Type: Central

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • # Water Meters: 1
  • # Gas Meters: 2
  • # Electric Meters: 3

Structural Information

  • Entry Location: 1
  • Square Feet: 3,793
  • Year Built: 1907

Unit Information

Unit 1

  • Number of Units: 1
  • Total Bathrooms: 2
  • Bedrooms: 2

Unit 2

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 3

  • Number of Units: 1
  • Total Bathrooms: 2
  • Bedrooms: 2

Unit 4

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 2

Lot Features

  • Lot Size (Acres): 0.2741
  • Lot Size (Sq. Ft.): 11,939
  • Lot Size Source: Assessor
  • Lot Description: 2-5 Units/Acre

Financial Considerations

  • Price Per Sq. Ft.: $447.93
  • Price Per Unit: 424750

Listed by Exp Realty, Donald La

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Listing agent

— 1562 N Lake Ave —

  • Donald La

    Exp Realty

626-824-8853

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 1562 N 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
6-80.7 mi
Pasadena High School
2925 East Sierra Madre Boulevard, Pasadena, CA 91107
9-122.3 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 1562 N Lake Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/23/2026
Listed
$1,699,000
30.19%
MLS
11/18/2020
Sold
$1,305,000
—
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 1562 N Lake Ave

Year
Property Taxes
Change
Tax Assessment
Change
2024
$16,302
1%
$1,412,571
4%
2023
$16,164
4%
$1,357,722
2%
2022
$15,611
4%
$1,331,100
2%
2021
$14,970
264%
$1,305,000
330%
2020
$4,109
—
$303,309
2%
2019
$4,110
—
$297,363
2%
2018
$4,118
1%
$291,533
2%
2017
$4,058
3%
$285,818
2%
2016
$3,931
1%
$280,215
2%
2015
$3,884
1%
$276,006
2%
2014
$3,839
—
$270,600
—
2013
$3,834
—
$269,378
—
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.

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

Be ready to buy your new home!

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NMLS#: 1598647

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Listed by Exp Realty, Donald La

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1562 N Lake Avenue, Pasadena, CA 91104 (MLS# AR26061624) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 1562 N Lake Avenue is currently listed for $1,699,000 and was received on March 23, 2026. Want to learn more about 1562 N 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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