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35 Beds
42 Baths
21,260 sqft

$13,000,000

650 S Lake Ave, PASADENA CA, 91106

Price per sqft$611.48
Built in2010
Property size21,260 sqft
Property typeTownhomes

Overview

Active

Listed Jun 5, 2026

Updated 13 days ago

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.

$86,489/mo

Est. mortgage payment based on a $13,000,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
TR26122576MR

Interior Features

Bedrooms
35
Bathrooms
42
Basement
No

Exterior Features

Lot Size
0.39 Acres

Other Property Details

Maintenance Expense
$2,400
Garage
Yes

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

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Isabelle Mizrahi and Coleman Eisner shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2026 Combined L.A./Westside MLS. All rights reserved.

Data last updated 9/4/2026

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