1575 N Lake Ave
Pasadena, CA 91104
MLS #SR16200088

  • 8,355sq ft
Est. P&I payment: $11457.97/mo
1575 N Lake Ave, Pasadena, CA 91104
  • 1575 N Lake Ave, Pasadena, CA 91104 Photo 1
  • 1575 N Lake Ave, Pasadena, CA 91104 Photo 2
  • 1575 N Lake Ave, Pasadena, CA 91104 Photo 3
  • 1575 N Lake Ave, Pasadena, CA 91104 Photo 4
  • 1575 N Lake Ave, Pasadena, CA 91104 Photo 5
  • 1575 N Lake Ave, Pasadena, CA 91104 Photo 6
Description for 1575 N Lake Ave, Pasadena, CA 91104
PROFESSIONAL OFFICE BUILDING IN THE PRIME LOCATION OF PASADENA.Proudly present this prime professional office building in Pasadena. it consist two story building, with medical office in ground floor and professional tenants on second floor. The building is built 1990 and just remodeled and upgraded. it has the features of Elevator, large covered parking under the building, and ample of uncovered parking in the back side of the building in total 32 parking spaces.
MLS #SR16200088
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My Notes for MLS #SR16200088

General Features

  • Building Status: Existing
  • Condo Area Units: Square Feet
  • Land Use: Office
  • Number Of Buildings: 1
  • Number Of Units Leased: 8
  • Office Class: B
  • Property SubType: Office
  • Property Type: Commercial Sale

Exterior Features

  • Carport Spaces: 16
  • Parking Ratio: 3.8
  • Parking Total: 32
  • Topography: flat
  • Uncovered Spaces: 16

Interior Features

    Utility Features

    • Electric: Electricity - On Property
    • Water Source: Public

    Financial Features

    • Accounting Type: Actual
    • CapRate: 5
    • Effective Gross: 195,852
    • Expense Year: 2016
    • Gross Scheduled Income: 195,852
    • Insurance Expense: 1,360
    • Investment Property YN: 1
    • Net Operating Income: 150,217
    • Operating Expense: 45,635
    • Price Per Lot SqFt: 183.51
    • Price Per SqFt: 359.07
    • Real Estate Tax Expense: 36,000
    • Tax Annual Amount: 37,500
    • Tax Year: 2016
    • Total Expenses: 8,275

    Miscellaneous Features

    • Additional Parcels Description: 5848-019-024
    • Building Area Total: 8,355
    • Building Area Units: Square Feet
    • Days On Market: 197
    • Lot Size Source: Assessor
    • Special Listing Conditions: Standard


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    Directions to 1575 N Lake Ave, Pasadena, CA 91104
    Cross Streets: WASHINGTON BLVD

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    P&I Payment $11457.97
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    Please Note: All information in this site is deemed reliable but not guaranteed. The property information provided on EXIT Alliance Realty's websites is for personal, non-commercial use only and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Property information is gathered from third-party resources including the seller and public records. EXIT Alliance Realty, Onjax, LLC, its affiliates, owners, subsidiaries and subscribers disclaim any and all representations or warranties as to the accuracy or reliability of the information provided. You should verify all claims through personal inspection and/or contact with the appropriate real estate professionals.
    Last Updated 11/19/2017 at 9:33am
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