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$1,699,000

1562 N Lake Ave Pasadena, CA 91104

0.3 acres
Multi-Family

Property details

About 1562 N Lake Ave

Rare 4-Unit Residential Income property in North Pasadena. 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 . Carport parking on site. All units are currently occupied and all tenants are current on rents.

Highlights

Home typeQuadruplex
StatusActive
Lot size0.274 Acres
Year built1907
MLS #WS25125882

Summary

  • Private Pool: No
  • List Price: $1,699,000
  • HOA Amount: $0
  • Annual Tax Amount: $16,301
  • Tax Year: 2024
  • Directions: Drive north on Lake Ave. Between E Howard St and E Elizabeth St
  • Year Built: 1907
  • Stories: 2
  • Lot Size: 0.274 Acres
  • MLS Number: WS25125882
  • MLS Name: CRMLS
  • Office Name: KW Executive
  • Office Phone: (626) 888-2995
  • Listing Agent: DONALD LA

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/31/2025, 2:45:29 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
Dec 02, 2020
Home Sold
$1,305,000
Dec 13, 1996
Home Sold
$187,909
Sep 06, 1988
Home Sold
$330,000

Tax history

YearAssessmentProperty Tax
2024$1,384,875$16,301
2023$1,357,722$16,164
2022$1,331,100$15,610
2021$1,305,000$14,969
2020$303,309$4,109
2019$297,363$4,118
2018$291,533$4,058
2017$285,818$4,058

History based on county public records data.

Nearby schools

6

Longfellow Magnet School

Public District KG-5

0.3 mi

1065 E Washington Blvd

4

Altadena Arts Magnet School

Public District KG-5

0.9 mi

743 E Calaveras St

3

Washington Elementary STEM Magnet School

Public District KG-5

1.0 mi

1520 N Raymond Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $82,102. Residents of Pasadena, CA typically earn between $35k-100k each year. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

19%
<35k
49%
35k-100k
19%
100k-200k
13%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

48%
Single, No Kids
7%
Single, with Kids
26%
Married, No Kids
19%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

13%
<11 yrs old
7%
12-17 yrs old
17%
18-34 yrs old
52%
35-64 yrs old
11%
65+ yrs old

What do the neighbors do for fun?

  • Hiking/backpackingHiking/backpacking
  • Live TheatreLive Theatre
  • Men's TennisMen's Tennis

Where do the neighbors shop?

  • BloomingdalesBloomingdales
  • Nordstrom RackNordstrom Rack
  • Crate & BarrelCrate & Barrel

Where do the neighbors go to eat?

  • StarbucksStarbucks
  • Boston MarketBoston Market
  • The Cheesecake FactoryThe Cheesecake Factory

What do the neighbors drive?

  • AudiAudi
  • MercedesMercedes
  • VolvoVolvo

What do the neighbors listen to?

  • AlternativeAlternative
  • NewsNews
  • JazzJazz
All data provided by Home Junction and Claritas

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Frequently asked questions

About 1562 N Lake Ave

The listing price of 1562 N Lake Ave property is $1,699,000.

The property 1562 N Lake Ave is a multi located in Pasadena, California, 91104.

Active Listing: 1562 N Lake Ave is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 1562 N Lake Ave are: Longfellow Magnet School (GreatSchools Rating 6/10), Altadena Arts Magnet School (GreatSchools Rating 4/10), Washington Elementary STEM Magnet School (GreatSchools Rating 3/10), Charles W. Eliot Arts Magnet Academy (GreatSchools Rating 4/10), Octavia E. Butler Magnet Middle School (GreatSchools Rating 4/10), Ocs - South (GreatSchools Rating 8/10), Marshall Fundamental (GreatSchools Rating 6/10), John Muir High School (GreatSchools Rating 5/10), Rose City High (Continuation) (GreatSchools Rating 2/10).

According to the records, the last property tax for 2024 is $16,301 (source: MLS/based on county public records data).

The last sale was on December 2, 2020 for $1,305,000 (source: MLS/tax record).

The year of construction for 1562 N Lake Ave is 1907.

This home is located at 1562 N Lake Ave in Pasadena, CA and zip code 91104 in the The Verdugos neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since June 5, 2025 and is currently priced at $1,699,000.

While more than 45 listings in Pasadena, CA in June 2025 were sold above asking price, there were more than 9 listings sold at asking price, and more than 30 were sold below. The number of listings in Pasadena, CA decreased by 0.8% between May and June 2025. In June 2025 median list price was $1,232,000 and the average listing age was 34 days.

From Rocket Homes Real Estate and based on county public records data.

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