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1104 N Lake Avenue, Pasadena, CA 91104

Pasadena
Local realty services provided by:CENTURY 21 Masters
1104 N Lake Avenue,Pasadena, CA 91104
$1,195,000
  • - Beds
  • - Baths
  • 2,087 sq. ft.
  • Multi-family
  • Active
Listed by: baron castillo
Office: apartment building investments818-605-2626
MLS#:P1-26233
Source:CRMLS

Price summary

  • Price:$1,195,000
  • Price per sq. ft.:$572.59

About this home

REDEVELOPMENT OPPORTUNITY: Here is a rare opportunity to acquire a prime infill site in the heart of the newly adopted North Lake Specific Plan (NLSP). This 8,618 SF parcel sits within the high-growth Washington Place subarea, designated for Washington Mixed-Use (NLSP-WMU). Zoning also allows for a Residential Care Facility for the Elderly. The site currently features a well-maintained 3-unit residential with a 4th non-conforming dwelling, providing immediate cash flow during the entitlement process. The true value lies in the Maximum Build-Out Potential. Under current NLSP standards, the site supports a base density of 48 units per acre (approx. 10 units). By utilizing the State Density Bonus (AB 1287/SB 1818), developers can achieve an estimated 15-20 units with a 4-story 'Wedding Cake' structure. Property next door at 1112 N. Lake after adding a 749 square feet ADU is now worth per Zillow Zestimate $1,636,900. Boasting a 'Very Walkable' score, the site is steps from Washington...

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Home facts

  • Year built:1951
  • Listing ID #:P1-26233
  • Added:95 day(s) ago
  • Updated:June 16, 2026 at 10:39 AM

Rooms and interior

  • Flooring:Carpet, Tile, Wood
  • Kitchen Description:Gas Range, Refrigerator
  • Living area:2,087 sq. ft.

Heating and cooling

  • Cooling:Wall Window Units
  • Heating:Natural Gas

Structure and exterior

  • Roof:Shingle
  • Year built:1951
  • Building area:2,087 sq. ft.
  • Lot area:0.2 Acres
  • Lot Features:Landscaped, Near Park, Near Public Transit, Sloped Up, Walkstreet
  • Architectural Style:Mid Century Modern
  • Construction Materials:Frame, Stucco
  • Exterior Features:Awnings
  • Foundation Description:Raised
  • Levels:1 Story

Utilities

  • Water:Public, Water Connected
  • Sewer:Public Sewer, Sewer Connected, Sewer Tap Paid

Finances and disclosures

  • Price:$1,195,000
  • Price per sq. ft.:$572.59
  • Tax amount:$11,132

Features and amenities

  • Appliances:Dryer
  • Laundry features:Dryer
  • Amenities:All Bedrooms Down, Water Heater

Parking

  • Total parking spaces:6
  • Parking description:Assigned, Driveway, Paved
The information being provided by California Regional MLS (Southern California) is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS (Southern California). CENTURY 21 Masters is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of CENTURY 21 Masters, a broker participant of California Regional MLS (Southern California). This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by California Regional MLS (Southern California) and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2021 California Regional MLS (Southern California). All rights reserved. CRMLS Member Broker: Randy Keith Thompson

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