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Spanish-Style Quadruplex with Garages

1157 1165 Lake Avenue Pasadena, CA 91104

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For Sale
$2,400,000

1922 quadruplex with four 2-bedroom, 1-bath units, in-unit laundry hookups, and single-car garages plus a shared backyard.

Type:Multi Family
Added:
May 22, 2026
Days on Market:
52
Last Refresh:
Jun 26 at 2:06 am

Property Features for 1157 1165 Lake Avenue

General Information

Standard status
Active
Property subtype
Multi Family

Building Details

Year Built
1923

Listing office BHHS California Properties

Listing date May 22, 2026

Source Exitrealty

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of BHHS California Properties


Investment Insights

Based on property information with market context.

Built in 1922, this Spanish-style quadruplex features four units configured with two bedrooms and one bathroom each. The residences retain original character elements such as hardwood floors, built-ins, formal dining rooms, and a breakfast nook, while select areas include thoughtful updates, including some updated electrical and in-unit laundry hookups. Each unit is designed for comfortable day-to-day living with bright interiors and established layout flow. Outdoors, the property includes a generous shared backyard for residents to relax or gather.

Located on Lake Avenue in Pasadena, the property sits just above Mountain Street. All four units are served within the same multifamily building, and parking is supported by four single-car garages, one per unit.

The property is currently 3 units tenant-occupied and professionally managed, with 1 unit being delivered vacant. Zoned PSC, this offering may appeal to investors or owner-operators seeking a well-preserved older income property with practical unit amenities, attached garage parking for each unit, and shared outdoor space.

Key Highlights

  • 1922 Spanish‑style quadruplex (Year built 1923) with four units, each offering 2 bedrooms and 1 bath
  • Hardwood floors, original built‑ins, and formal dining rooms plus breakfast nook in the units
  • Some updated electrical and in‑unit laundry hookups

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Real Estate Agency Parking Lot & Garage Law Firm (Bike/Boat/Book/etc) Store Skin Care Clinic Grocery & Convenience Store Big Box & Wholesale Store (Bike/Boat/Book/etc) Store Accounting Firm Tattoo & Piercing Shop

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Quadplex - 1922 quadruplex with four 2-bedroom, 1-bath units, in-unit laundry hookups, and single-car garages plus a shared backyard.
Where is this quadplex located?
The property is located at 1157 1165 Lake Avenue Pasadena, CA.
What is the asking price?
The asking price for this property is $2,400,000.
What are key features of this property?
This property features: 1922 Spanish‑style quadruplex (Year built 1923) with four units, each offering 2 bedrooms and 1 bath; Hardwood floors, original built‑ins, and formal dining rooms plus breakfast nook in the units; Some updated electrical and in‑unit laundry hookups
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