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21,260 sqft

$12,750,000

650 S Lake, Pasadena CA, 91106

Price per sqft$599.72
Built in2010
Property size21,260 sqft
Property typeTownhomes
Listed by Grace Lee CA DRE# 01178535 with Graceland Investment, Inc. 626-327-4377

Overview

Active

Listed Nov 6, 2026

Updated 9h ago

Prime location in the heart of Pasadena. Gated 12 units luxury townhomes. Built in 2010. One unit is a 2 bedrooms 2.5 baths (1340 sqft), 5 units are 3 bedrooms 2.5 bathrooms (1760, 1560, 1560, 1570, 1580 sqft) and 6 units are 3 bedrooms and 3.5 baths , each bedroom has its own bathroom ( 1970, 1970, 1930, 1930, 1970/, 2120 sqft) There are three units have elevators. Underground parking. Each unit has a 2 car garage, 9 garages have huge extra space that can be used as storage or exercise area. 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.

$84,826/mo

Est. mortgage payment based on a $12,750,000 home price.

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

Additional information

MLS® ID
TR26238757

Interior Features

Heating
Yes
Basement
No

Exterior Features

Lot Size
0.39 Acres

Other Property Details

Maintenance Expense
$15,000
Garage
Yes
55+/Senior Community
No
MLS provider logo

Listed by Grace Lee CA DRE# 01178535 with Graceland Investment, Inc. 626-327-4377

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 11/6/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2026 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 11/6/2026 at 9:29 AM UTC Last Checked: 9:29 AM UTC

 

 

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