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$14,380,000
21,260
square ft

650 S Lake Ave
Pasadena, California 91106

Active / MLS #TR26122576 / Multiple Family / Pasadena
Listing information updated 7/15/2026 at 6:02am
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.
Square Feet:
21,260
Lot Size:
16988 Square Feet
Acreage:
0.39
Built:
2010
Parking Spaces:
2
Stories:
2
Additional Information:
626-327-4377
Building Square Feet:
21,260
Current Net Income:
$612,100
Tax Amount:
N/A
Tax Year:
N/A
Zip Code:
91106
City:
Pasadena
County:
Los Angeles

Listing Office: Graceland Investment, Inc.

Disclaimer: Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy.

$1,598,155
Average Sale Price
46
Average Days On The Market
101%
Sales Prices VS. List Price
Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.
Map of 650 S Lake Ave, Pasadena, CA 91106

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650 S Lake Ave, Pasadena, CA 91106 is a multiple family currently listed at $14,380,000. This multiple family has been listed on Christie's International Real Estate Sereno since June 7th, 2026 and was built in 2010.

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