650 S Lake, Pasadena, CA 91106
650 S Lake, Pasadena, CA 91106
650 S Lake, Pasadena, CA 91106
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Glenn Gaspar

Glenn Gaspar

+1(714) 612-0995
$12,750,000
Est. payment /mo
0.39 Acres Lot
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UPDATED:

Key Details

Property Type Townhouse

Sub Type Townhouse

Listing Status Active

Purchase Type For Sale

MLS Listing ID TR26238757

HOA Y/N No

Year Built 2010

Lot Size 0.394 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 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.

Location

State CA

County Los Angeles

Area 648 - Pasadena (Se)

Interior

Heating Central

Fireplace No

Laundry Laundry Closet

Exterior

Garage Spaces 2.0

Garage Description 2.0

Pool None

Community Features Gutter(s)

Total Parking Spaces 2

Private Pool No

Building

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 5327020042

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Special Listing Condition Standard

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

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