For sale

Listed by: Graceland Investment, Inc. • Grace Lee • Contact: 626-327-4377

$14,380,000

650 S Lake Ave, Pasadena, CA 91106

35beds

42baths

21,260sqft

$95,540/mo

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Townhouse

Built in 2010

0.39 Acres Lot

$-- Zestimate^®

$676/sqft

$-- HOA

What's special

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.

47 days

628

28

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 35
Bathrooms: 42

Appliances

Laundry: Laundry Closet

Features

Common walls with other units/homes: 2+ Common Walls

Interior area

Total structure area: 21,260
Total interior livable area: 21,260 sqft

Property

Parking

Total spaces: 2
Parking features: Garage
Garage spaces: 2

Features

Entry location: Front
Pool features: None

Lot

Size: 0.39 Acres

Details

Parcel number: 5327020042
Special conditions: Standard

Construction

Type & style

Home type: Townhouse
Property subtype: Townhouse
Attached to another structure: Yes

Condition

New construction: No
Year built: 2010

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Features: Gutter(s), Sidewalks

HOA

Amenities included: Trash, Water
Services included: Pest Control

Location

Region: Pasadena

Financial & listing details

Price per square foot: $676/sqft
Date on market: 6/7/2026
Cumulative days on market: 48 days
Listing terms: Cash to New Loan
Tenant pays: Electricity, Gas

Estimated market value

Not available

Estimated sales range

Not available

$2,689/mo

Price history

Date	Event	Price
6/8/2026	Listed for sale	$14,380,000$676/sqft
Source: CRMLS #TR26122576 Report a problem
9/13/2024	Listing removed	$4,650
Source: Zillow Rentals Report a problem
8/11/2024	Listed for rent	$4,650
Source: Zillow Rentals Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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