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For sale
  • Listed by: EXP REALTY • Donald La • Contact: 626-824-8853
    $1,699,000

    1562 N Lake Ave, Pasadena, CA 91104

    7beds
    6baths
    3,793sqft
    : 
    $11,390/mo
    Get pre-qualified
    Quadruplex
    Built in 1907
    -- sqft lot
    $1,633,600 Zestimate®
    $448/sqft
    $-- HOA

    What's special

    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.
    127 days
    |
    232
    |
    14
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Donald La DRE #01928418 626-824-8853,

    EXP REALTY

    Source: CRMLS,MLS#: AR26061624MLS LogoOriginating MLS: California Regional MLS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 7
      • Bathrooms: 6
      Heating
      • Central
      Appliances
      • Laundry: Electric Dryer Hookup, Gas Dryer Hookup, Laundry Room
      Features
      • Common walls with other units/homes: 2+ Common Walls
      Interior area
      • Total structure area: 3,793
      • Total interior livable area: 3,793 sqft

      Property

      Features
      • Entry location: 1
      • Pool features: None
      Lot
      • Size: 0.27 Acres
      • Features: 2-5 Units/Acre
      Details
      • Parcel number: 5848033007
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Quadruplex
      • Attached to another structure: Yes
      Condition
      • New construction: No
      • Year built: 1907

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Features: Urban
      Location
      • Region: Pasadena

      Financial & listing details

      • Price per square foot: $448/sqft
      • Tax assessed value: $1,412,571
      • Annual tax amount: $17,136
      • Date on market: 3/23/2026
      • Cumulative days on market: 127 days
      • Listing terms: Cash,Cash to New Loan

        Estimated market value

        $1,633,600

        $1.55M - $1.72M

        $3,628/mo

        Price history

        DateEventPrice
        3/23/2026Listed for sale$1,699,000$448/sqft
        Source: CRMLS #AR26061624 Report a problem
        11/28/2025Listing removed$1,699,000$448/sqft
        Source: SDMLS #WS25125882 Report a problem
        6/23/2025Listed for sale$1,699,000+30.2%$448/sqft
        Source: SDMLS #WS25125882 Report a problem
        11/17/2023Listing removed--
        Source: Zillow Rentals Report a problem
        10/27/2023Listed for rent$3,300$1/sqft
        Source: Zillow Rentals Report a problem
        8/23/2021Listing removed--
        Source: Zillow Rental Manager Report a problem
        8/14/2021Listed for rent$3,300-5.7%$1/sqft
        Source: Zillow Rental Manager Report a problem
        7/17/2021Listing removed--
        Source: Zillow Rental Manager Report a problem
        6/16/2021Listed for rent$3,500$1/sqft
        Source: Zillow Rental Manager Report a problem
        12/2/2020Sold$1,305,000+0.8%$344/sqft
        Source: CRMLS #WS20234758 Report a problem
        11/18/2020Pending sale$1,295,000$341/sqft
        Source: KW Executive #WS20234758 Report a problem
        11/9/2020Listed for sale$1,295,000+589.2%$341/sqft
        Source: KW Executive #WS20234758 Report a problem
        12/13/1996Sold$187,909-21.7%$50/sqft
        Source: Public Record Report a problem
        1/22/1996Sold$240,000$63/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$17,136 +5.1%$1,412,571 +2%
        2024$16,302 +0.8%$1,384,875 +2%
        2023$16,164 +3.5%$1,357,722 +2%
        2022$15,611 +4.3%$1,331,100 +2%
        2021$14,970 +264.4%$1,305,000 +330.3%
        2020$4,109 $303,309 +2%
        2019$4,109 -0.2%$297,363 +2%
        2018$4,118 $291,533 +2%
        2017$4,118 +1.5%$285,818 +2%
        2016$4,058 +3.2%$280,215 +1.5%
        2015$3,931 +2.4%$276,006 +2%
        2014$3,839 $270,600 +4.5%
        2011-- $258,919 +0.8%
        2010-- $256,984 -0.2%
        2009-- $257,595 +2%
        2008-- $252,545 +4%
        2006-- $242,741
        2005-- $242,741 +4%
        2004-- $233,318 +1.9%
        2003-- $229,043 +6.1%
        2000-- $215,835
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: East Central

        Getting around

        84 / 100
        Very Walkable
        39 / 100
        Some Transit
        61 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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