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1715 N Lake Ave, Pasadena, CA 91104
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1715 N Lake Ave Pasadena, CA 91104

$1,200,000 Sold Price as of 10/03/2019
  • 8 Beds
  • 6 Baths
  • 2,399 Sq.Ft.
Sold
$1,200,000 Sold Price as of 10/03/2019 Refinance Your Mortgage
Map preview of 1715 N Lake Ave, Pasadena, CA 91104

Property Overview: 1715 N Lake Ave Pasadena, CA has 8 bedrooms, 6 bathrooms, 2,399 living square feet and 21,297 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: RM16 Zoning lot size over 21,297 sq.ftg. front 80x deep 266. in great location city of Pasadena. Incredible opportunity to build multiple unit luxury condo or apartments. Great location offers just few minutes form Pasadena financial district,local shopping, famous restaurants, world famous colleges Cal Tech, and Old Pasadena. Metro Bus station is minute away from the property. Very high rentals and huge demand area for new residence. Property "sold as" land value. Per city of Pasadena RM16 zone could build 7 units. Buyer to do their own inspections and check with city for best land use. Or fix front duplex and add more units in the back for the rental income. Either way, it will be a great investment.

Listed by Young Ahn | BRE #01098098 | Century 21 Ludecke Inc.
Last checked: 8 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 5

Home details

Lot Sq. Ft
21,297
HOA Dues
$0/mo
Year built
1909
Garage
2 Car
Property Type:
Duplex
Status
Sold
MLS#
AR19206883
City
Pasadena
County
Los Angeles
Time on Site
1521 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Electric Meters: 0
  • # of Gas Meters: 0
  • # of Water Meters: 0
Unit Breakdown 1
  • # of Units: 2
  • # of Beds: 4
  • # of Baths: 3
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $0
  • Net Operating Income: $0
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $0
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $0

Property Details for 1715 N Lake Ave

Interior Features
Heating Information
  • Has Heating
  • Floor Furnace, Wall Furnace
Laundry Information
  • Has Laundry
  • Inside
Fireplace Information
  • Has Fireplace
  • Bath, Living Room, Electric, Gas, Decorative
Room Information
  • Kitchen, Laundry, Living Room, Main Floor Bedroom, Multi-Level Bedroom
Kitchen Information
  • Has Appliances
  • Gas Oven
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
Lot Information
  • Lot Features: Lot 20000-39999 Sqft, Rectangular Lot, Level, Near Public Transit, Park Nearby, Value In Land, Walkstreet
  • Lot Size Source: Assessor
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 5848011011
  • Year Built Source: Public Records
  • Architectural Style: Bungalow
  • Property is not Attached
  • Property Condition: Fixer
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Available, Electricity Connected, Natural Gas Connected
Location / Neighborhood
Location Information
  • Directions: North of Washington Blvd on West side of Lake Ave
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Curbs, Foothills, Park
View more facts & features

Local Pasadena Agent

Sale History for 1715 N Lake Ave

Last sold for $1,200,000 on October 3rd, 2019

  • June, 2020

  • Jun 1, 2020

    Date

    Expired

    CRMLS: AR19042659

    $1,200,000

    Price

  • Mar 14, 2019

    Date

    Withdrawn

    CRMLS: AR19042659

    $1,200,000

    Price

  • Feb 25, 2019

    Date

    Active

    CRMLS: AR19042659

    $1,200,000

    Price

  • Listing provided courtesy of CRMLS

    North Pasadena. Calling for all builders or investors. Great Opportunity for the Builders. listed $1.2M-$1.3M for the land value. Per city of Pasadena, you could build max.7 units. Buyer to do own due diligence of land use, Inspections. It will be sold as land value. no repairs/ no termite. No city inspection. Existing duplex needs work. City of Pasadena offers rich history, world famous colleges Caltech, Pasadena Aret Center College of Design, Hospitals, great entertainment, big name shops, and restaurants.

  • October, 2019

  • Oct 4, 2019

    Date

    Sold

    CRMLS: AR19206883

    $1,200,000

    Price

  • Sep 18, 2019

    Date

    Pending

    CRMLS: AR19206883

    $1,288,000

    Price

  • Sep 4, 2019

    Date

    Active Under Contract

    CRMLS: AR19206883

    $1,288,000

    Price

  • Aug 29, 2019

    Date

    Active

    CRMLS: AR19206883

    $1,288,000

    Price

  • October, 2019

  • Oct 3, 2019

    Date

    Sold (Public Records)

    Public Records

    $1,200,000

    Price

  • June, 2019

  • Jun 1, 2019

    Date

    Expired

    CRMLS: AR18294487

    $1,300,000

    Price

  • Mar 14, 2019

    Date

    Withdrawn

    CRMLS: AR18294487

    $1,300,000

    Price

  • Feb 24, 2019

    Date

    Active

    CRMLS: AR18294487

    $1,300,000

    Price

  • Feb 24, 2019

    Date

    Hold

    CRMLS: AR18294487

    $1,300,000

    Price

  • Feb 24, 2019

    Date

    Price Change

    CRMLS: AR18294487

    $1,300,000

    Price

  • Dec 20, 2018

    Date

    Active

    CRMLS: AR18294487

    $1,650,000

    Price

  • Listing provided courtesy of CRMLS

    Great opportunity for investors. RM16 lot over 21000+ .Per Pasadena City . Can build 7 units. Vibrant and Historical City of Pasadena offers many entertainment, shopping, world famous colleges like Cal tech, Pasadena Art Center of Design . Major hospitals, World famous Rose Parade, famous restaurants. Currently it has duplex and garage on site. Front 80 wide.

  • February, 2019

  • Feb 22, 2019

    Date

    Canceled

    CRMLS: AR18269918

    $1,650,000

    Price

  • Dec 17, 2018

    Date

    Price Change

    CRMLS: AR18269918

    $1,650,000

    Price

  • Nov 9, 2018

    Date

    Active

    CRMLS: AR18269918

    $1,800,000

    Price

  • Listing provided courtesy of CRMLS

    Seller is motivate to sell. Bring your offers. Great Chance to develop new condo units or build luxury income apartment. Huge Price reduction. Great property for builders/investors. RM16 zoned lot over 2,1000 square feet. Per Pasadena city could build 7 units. Just few minutes away from the vibrant City of Pasadena 's shopping, Hospitals, famous restaurant and entertainment..Great view of the mountains. Close to Old Pasadena, Many Colleges like Cal tech, Art Center College of Design, USC and PCC are all close by. It is sold as a Land Value, No Termite/ No repairs/ No city inspection will be provided by the seller. Buyer to do own due diligence. Please submit your offers with Pre approval from the major lender and POF. Thank you.

  • September, 2017

  • Sep 29, 2017

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 1715 N Lake Ave

Assessed Value (2020): $1,200,000
Year Land Value Improved Value Assessed Value
2020 $780,000 $420,000 $1,200,000

Home Value Compared to the Market

This property vs the competition

1715 N Lake Ave sold on October 3, 2019 for 7.33% higher than the current median sold price for the city of Pasadena which is $1,200,000. The median sold price per/sqft for Pasadena is $781 and this home is sold at $536.89 per/sqft which puts the price per square foot 31.26% lower than the current median sale per square foot for the city of Pasadena.

About 1715 N Lake Ave

Detailed summary of property

1715 N Lake Ave is a duplex that recently sold in Pasadena, CA 91104. This duplex offered 8 bedrooms, 6 bathrooms, roughly 2,399 living square feet, and sits on an approximately 21,297 square foot lot. 1715 N Lake Ave was first listed on ArdentRealEstateGroup.com on July 21, 2020. The homeowner sold the property for $1,200,000. Home in Pasadena are selling for a median price of $1,200,000 and a median price per square foot of $781. Based on Ardent Real Estate Group's Pasadena Market Data, this home is sold 7.33% higher than the current median priced home. Local homes that are currently for sale include 5107 Hartwick St, 5241 Barker Dr and 1874 Chickasaw Ave. While the average home in Pasadena, CA is selling in 56 days, 1715 N Lake Ave has a days on market of 5 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 1715 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 1715 N Lake Ave

Public county record property details
Beds
4
Baths
3
Year built
1909
Sq. Ft.
2,399
Lot Size
21,297
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
49
APN
5848-011-011

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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Recently Sold Homes Near 1715 N Lake Ave

1550 N Lake Ave, Pasadena, CA 91104
$1,800,000 Last Sold Price
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1071 E Howard, Pasadena, CA 91104
$1,330,000 Last Sold Price
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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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