1104 N Lake Avenue, Pasadena, CA 91104

Pasadena
Local realty services provided by:ERA Excel Realty
1104 N Lake Avenue,Pasadena, CA 91104
$1,358,000
  • - Beds
  • - Baths
  • 2,087 sq. ft.
  • Multi-family
  • Active
Listed by: baron castillo
Office: apartment building investments
MLS#:P1-26233
Source:CRMLS

Price summary

  • Price:$1,358,000
  • Price per sq. ft.:$650.69

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). Located at 1104 N. Lake Ave, this 8,618 SF parcel sits within the high-growth Washington Place subarea, designated for Washington Mixed-Use (NLSP-WMU). This zoning is a cornerstone of Pasadena's 'Great Streets' initiative, designed to transform this corridor into a vibrant, pedestrian-first urban village.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. Boasting a 'Very Walkable' score, the site is steps from Washington Park,...

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Home facts

  • Year built:1951
  • Listing ID #:P1-26233
  • Added:1 day(s) ago
  • Updated:March 13, 2026 at 11:37 AM

Rooms and interior

  • Flooring:Carpet, Tile, Wood
  • Kitchen Description:Gas Range, Refrigerator
  • Bedroom Description:All Bedrooms Down
  • 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 Transportatn, Sloped Up, Sprinklers None, Walkstreet
  • Architectural Style:Mid Century Modern
  • Construction Materials:Frame, Stucco
  • Foundation Description:Raised
  • Levels:1 Story

Utilities

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

Finances and disclosures

  • Price:$1,358,000
  • Price per sq. ft.:$650.69
  • Tax amount:$11,132

Features and amenities

  • Appliances:Dryer, Gas Range, Refrigerator, Water Heater
  • Laundry features:Common Area, Dryer, Laundry Room
  • Amenities:Awnings

Parking

  • Total parking spaces:6
  • Parking description:Assigned, Driveway, Paved Driveway
Based on information from California Regional Multiple Listing Service, Inc. as of March 13, 2026 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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