650 S Lake Ave, Pasadena, CA 91106 - Berkshire Hathaway HomeServices California Properties

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.

Property type: Townhouse (Multi-Family)

Status: Active

MLS# TR26122576

List price is $13,000,000 Reduced by $1,380,000 on 9/2/2026

Beds: 0

Baths: 0

Built in 2010

0.39 acres

Lot size: 0.3900

County: Los Angeles

MLS area: 648 - Pasadena (SE)

Last Updated: 9/2/2026

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This listing belongs to the 648 - Pasadena (SE) MLS area

Lat/Long: 34.134493, -118.131845.
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Listing Agent: Grace Lee
Lic#: 01276603
Office Name: Tustin

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Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

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