650 S Lake Ave, Pasadena, CA 91106
650 S Lake Ave, Pasadena, CA 91106
650 S Lake Ave, Pasadena, CA 91106
650 S Lake Ave, Pasadena, CA 91106
650 S Lake Ave, Pasadena, CA 91106
650 S Lake Ave, Pasadena, CA 91106
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STEVE & KRISTA: The WIDNER Team

STEVE & KRISTA: The WIDNER Team

+1(949) 842-5551
$ 14,380,000
Est. payment | /mo

0.39 Acres Lot

Save
$ 14,380,000
Est. payment | /mo
Save

0.39 Acres Lot

Key Details

Property Type Townhouse

Sub Type Townhouse

Listing Status Active

Purchase Type For Sale

MLS Listing ID TR26122576

HOA Y/N No

Year Built 2010

Lot Size 0.390 Acres

Property Sub-Type Townhouse

Property Description

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.

Location

State CA

County Los Angeles

Area 648 - Pasadena (Se)

Interior

Fireplace No

Laundry Laundry Closet

Exterior

Garage Spaces 2.0

Garage Description 2.0

Pool None

Community Features Gutter(s), Sidewalks

Amenities Available Trash, Water

Total Parking Spaces 2

Private Pool No

Building

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

HOA Fee Include Pest Control

Senior Community No

Tax ID 5327020042

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Grace Lee Graceland Investment, Inc. 626-327-4377, DRE #01178535

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STEVE & KRISTA: The WIDNER Team
STEVE & KRISTA: The WIDNER Team

Agent | License ID: 00680027

+1(949) 842-5551

29811 Santa Margarita Parkway, Suite 100, Margarita, CA, 92688

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650 S Lake Ave

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