650 S Lake Ave, Pasadena, CA — listing photo 1
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FOR SALE

650 S Lake Ave

Pasadena, CA 91106
16,988 Lot Sq Ft
Built 2010
$13,000,000
Price ReducedWas $14,380,000 — $13,000,000 (-$1,380,000)

Property Overview

Prime location in the heart of Pasadena. Gated 12 units luxury townhomes. Built in 2010. One unit is a 2 bedrooms and all other 11 units are 3 bedrooms with 2.5 or 3.5 bedrooms. Underground parking. Each unit has a 2 car garage. New exterior paint and new backyard concrete. Super convenient location, walking distance to shops, supermarkets and lots of restaurants. Close to Cal Tech, playhouse district, and The Huntington Library Currently rent are low because mostly long term tenants and well qualified tenants A Rare Value-Add Opportunity: Originally developed as a 12-unit townhome community, each residence already has its own separate APN. A future owner may have the opportunity to establish an HOA and pursue individual unit sales, creating multiple exit strategies beyond traditional long-term rental ownership.

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Home Details

Property type
Residential Income - Townhouse
Year built
2010
Lot size
16,988 sq ft
Parking
2 spaces
Garage
2 spaces
Stories
2
Days on market
87
MLS status
Active

Features & Amenities

Pool

  • None

Community, Schools & Utilities

Utilities

Water
Public
Sewer
PublicSewer
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Location & Neighborhood

650 S Lake Ave

Pasadena, CA 91106

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Frequently Asked Questions About 650 S Lake Ave

Property type: Residential Income

The current asking price is $13,000,000. Pricing is subject to change and may vary based on market conditions, negotiations, and property updates. Contact our team to verify current pricing.
Yes. Use the Book Visit action or contact form to request an in-person or virtual tour of 650 S Lake Ave. Our team will confirm availability and timing.
This property offers the living space reported in the listing. It was built in 2010. Review the listing details and disclosures, then independently verify material features before making a decision.
The property is in Pasadena, California. Review the map, visit at relevant times of day, and verify schools, commute routes, services, noise, hazards, and local rules for the exact address.
Financing depends on the buyer, lender, property type, condition, appraisal, insurance, and association documents. A qualified lender can confirm available programs and costs for this Pasadena property.
The MLS currently reports the property as Active. It has been listed for 87 days. Status can change, so verify availability before relying on it.

What clients say

“Reza was the best agent we have ever worked with.”Russell & Susan McQueen

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Crown Coastal Support Team

Direct support from our real estate team

No obligation. Your inquiry goes directly to the Crown Coastal team.

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Reza Barghlameno

eXp of California

Call: +1 (858) 305-4362
Email: contact@crowncoastalhomes.com

Listing Agent

Name: Grace Lee
MLS ID: H166748

Available property

$13,000,000

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Data provided by California Regional Multiple Listing Service, Inc. ("CRMLS"). Information is for viewer's personal, non-commercial use. All data should be independently verified for accuracy.