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1541 N Lake Ave, Pasadena, CA 91104
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1541 N Lake Ave Pasadena, CA 91104

$2,000,000
  • -- Beds
  • -- Baths
  • 3,473 Sq.Ft.
For Sale
$2,000,000 Get Pre-Qualified
Map preview of 1541 N Lake Ave, Pasadena, CA 91104

Property Overview: 1541 N Lake Ave Pasadena, CA has -- bedrooms, -- bathrooms, 3,473 living square feet and 14,922 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: 1541-1547 is a 2-parcel mixed-use property situated on North Lake Avenue, which is one of the main North/South thoroughfares serving the Pasadena/Altadena areas. Ideal for Owner User or Repositioning: These properties present a unique owner-user opportunity for a small business or entrepreneurial investor/developer seeking a repositioning opportunity. Sizable total lot size with Parking: The two parcels combine for a total lot size of 14,922 SF. The 1547 N. Lake (northern most) parcel features a surface parking lot with space for up to 12 vehicles. The property currently has only one (retail) tenant on a lease paying $1,700/month.

Listed by Everett Wong | BRE #01991247 | Greysteel California, Inc.
Last checked: 3 minutes ago | Last updated: September 12th, 2024 | Source CRMLS | DOM: 7

Home details

Lot Sq. Ft
14,922
HOA Dues
$0/mo
Year built
1924
Garage
--
Property Type:
Business
Status
Active
MLS#
PW24190000
City
Pasadena
County
Los Angeles
Time on Site
7 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: --
  • Total # of Buildings: 2
Property Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: --
  • Net Operating Income: --
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: --

Open Houses for 1541 N Lake Ave

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Property Details for 1541 N Lake Ave

Interior Features
Heating Information
  • Has Heating
  • Central
Laundry Information
  • None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Public Records
  • Common Interest: None
Property Information
  • Parcel Number: 5848019001
  • Year Built Source: Estimated
  • Entry Level: 1
  • Has Additional Parcels
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Located on Lake Avenue North of E. Washington Blvd.
View more facts & features

Local Pasadena Agent

Sale History for 1541 N Lake Ave

View property's historical transactions

  • September, 2024

  • Sep 12, 2024

    Date

    Active

    CRMLS: PW24190000

    $2,000,000

    Price

Tax History for 1541 N Lake Ave

Assessed Value (2020): $209,992
Year Land Value Improved Value Assessed Value
2020 $104,996 $104,996 $209,992

Home Value Compared to the Market

This property vs the competition

1541 N Lake Ave is listed 60% higher than the median list price for the city of Pasadena which has a median list price of $1,250,000. The median price per/sqft for Pasadena is $767 and this home is listed at $575.87 per/sqft which puts the price per square foot 24.92% lower than the median price per square foot for the city of Pasadena.

About 1541 N Lake Ave

Detailed summary of property

1541 N Lake Ave is a business located in Pasadena, CA 91104 and is currently for sale. This business offers -- bedrooms, -- bathrooms, roughly 3,473 living square feet, and sits on an approximately 14,922 square foot lot. 1541 N Lake Ave was first listed on ArdentRealEstateGroup.com on September 12, 2024. The homeowner is currently asking $2,000,000. The median priced home in Pasadena is $1,250,000 with a median price per square foot of $767. Based on Ardent Real Estate Group's Pasadena Market Data, this home is listed 60% higher than the median priced home. Local competing homes currently for sale include 1341 Calumet Ave, 2655 Short St and 3475 Union Pacific Ave. While the average home in Pasadena, CA is selling in 56 days, 1541 N Lake Ave has a days on market of 7 days. There are currently 335 homes for sale in the Pasadena real estate market and 179 of them are single family homes while 119 of them are condos and 37 are townhomes. For more information on this home for sale at 1541 N Lake Ave Pasadena, CA 91104 contact Ardent Real Estate Group and we will put you in touch with one of our Pasadena agents.

Public Facts for 1541 N Lake Ave

Public county record property details
Beds
3
Baths
2
Year built
1924
Sq. Ft.
1,692
Lot Size
3,953
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
Los Angeles
Lot#
1
APN
5848-019-001

The source for these homes facts are from public records.

91104 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,395,000
Median List Price/Sq.Ft.
$795
Median Sold Price
$1,200,000
Median Sold Price/Sq.Ft.
$915
Total Inventory
36
Median Sale to List Price %
114.39%
Avg Days on Market
21
Loan Type
Conventional (42.86%), FHA (0%), VA (0%), Cash (14.29%), Other (28.57%)

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(714) 706-1823

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Recently Sold Homes Near 1541 N Lake Ave

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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.

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