- 4 Beds
- 4 Baths
- .2 Acres
- 41 DOM
1104 N Lake Avenue
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, the historic Bungalow Heaven district, and the thriving retail nodes of Washington Blvd. It serves as a critical link to the Metro A Line (Lake Station), making it a 'Transit-Priority Area' (TPA) that qualifies for significant parking reductions and expedited CEQA processing.Position your portfolio at the leading edge of Pasadena's most significant urban redesign in decades. 1104 N. Lake Ave is not just a lot; it's the future of North Pasadena.
Essential Information
- MLS® #P1-26233
- Price$1,250,000
- Bedrooms4
- Bathrooms4.00
- Acres0.20
- Year Built1951
- TypeResidential Income
- Sub-TypeMixed Use
- StyleMid-Century Modern
- StatusActive
Community Information
- Address1104 N Lake Avenue
- Area646 - Pasadena (NE)
- SubdivisionNot Applicable
- CityPasadena
- CountyLos Angeles
- Zip Code91104
Amenities
- Parking Spaces6
- ParkingDriveway, Assigned, Paved
- GaragesDriveway, Assigned, Paved
- ViewNone
- PoolNone
Utilities
Electricity Connected, Sewer Connected, Water Connected
Interior
- InteriorCarpet, Tile, Wood
- Interior FeaturesAll Bedrooms Down
- HeatingNatural Gas
- CoolingWall/Window Unit(s)
- FireplacesNone
- # of Stories1
- StoriesOne
Appliances
Gas Range, Refrigerator, Dryer, Water Heater
Exterior
- ExteriorStucco, Frame
- Exterior FeaturesAwning(s)
- RoofShingle
- ConstructionStucco, Frame
- FoundationRaised
Lot Description
Landscaped, Near Park, Near Public Transit, Sloped Up, Sprinklers None, Walkstreet
Additional Information
- Date ListedMarch 12th, 2026
- Days on Market41
- ZoningPSC -NLSP
Listing Details
- AgentBaron Castillo
- OfficeApartment Building Investments
Price Change History for 1104 N Lake Avenue, Pasadena, (MLS® #P1-26233)
| Date | Details | Change |
|---|---|---|
| Price Reduced from $1,358,000 to $1,250,000 |
Baron Castillo, Apartment Building Investments.
Based on information from California Regional Multiple Listing Service, Inc. as of April 23rd, 2026 at 4:15am PDT. 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.