858-525-5007

650 Lake Ave, Pasadena CA 91106 | $13,000,000

  • 0 bedrooms
  • 0 bathrooms
  • 0 Sq Ft
  • 16988 Lot Sq Ft
  • Type: Townhouse
  • Stories: 2
  • Year Built: 2010
  • MLS#: TR26122576
  • Community: 648 - Pasadena (SE)

Listing provided courtesy of Grace Lee of Graceland Investment, Inc.. Last updated 2026-09-22 08:10:55.000000. Listing information © 2025 SANDICOR.

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.

More Details

0.39 Acres
2 Stories

David Piper​

Call or Text: 858-525-5007

DRE# 02021985