NOT LISTED FOR SALE

650 S Lake Ave Unit 1 Pasadena, CA 91106

Estimated Value: $1,020,000 - $2,073,000

3 Beds
2.5 Baths
1,760 Sq Ft
$788/Sq Ft Est. Value

Last Sold December 03, 2015

Last sale price $817,245 $464 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $8,504/month

Highlights

  • Wood Flooring
  • No HOA
  • Laundry Room
  • Blair High School Rated A-
  • 2 Car Attached Garage
  • Central Heating and Cooling System

About This Home

As of May 2021

Beautiful townhome at South Lake Ave., Premier Pasadena location, 12 units Townhome complex. Open floor plan with three bedrooms upstairs. Brand new master bathroom, New downstairs wood floor, Big living room, shows bright and Airy, Super convenient location, walk to shops, restaurants, Cal Tech. Water, trash are included.

Last Agent to Rent the Property

Grace Lee

Graceland Investment, Inc. License #01178535 Listed on: 04/28/2021

Last Renter's Agent

Tamara Kim

K2 Real Estate Group License #01274884

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $11,428

Year Built

  • Built in 2010

Lot Details

  • 1 Common Wall
  • Density is 11-15 Units/Acre

Parking

  • 2 Car Attached Garage

Home Design

  • 1,760 Sq Ft Home

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms

Additional Features

  • Laundry Room
  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $3,900
  • Rent includes gardener, trash collection, water
  • 12-Month Minimum Lease Term
  • Available 5/1/21
  • Tax Lot 1
  • Tax Tract Number 63496
  • Assessor Parcel Number 5327020042

Community Details

Overview

  • No Home Owners Association
  • 12 Units

Pet Policy

  • Pets Allowed
  • Pet Deposit $500

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$11,428

Year Built

Built in 2010

Lot Details

0

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent, Pet Deposit, Security Deposit
  • Available Date: 2021-05-01
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Key: 60
  • Deposit Other: 350
  • Deposit Pets: 500
  • Deposit Security: 3900
  • Furnished: Unfurnished
  • Pets Allowed: Yes

Listing Details

  • Structure Type: Multi Family
  • Property Attached: Yes
  • View: No
  • Zoning: PSR3
  • Property Sub Type: Townhouse
  • Property Type: Residential Lease
  • Parcel Number: 5327020042
  • Year Built: 2010
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1760.00 Square Feet
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Wood
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 2.19
  • Room Type: All Bedrooms Up

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Closet
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • School District: Pasadena Unified

Lot Info

  • Additional Parcels: No
  • Lot Features: 11-15 Units/Acre
  • Lot Size Sq Ft: 17173.00
  • Lot Size Acres: 0.3942

Multi Family

  • Insurance Water Furniture: No
  • Lease Term: 12 Months
  • Lot Size Area: 17173.0000 Square Feet
  • Management Co: Graceland Investment
  • Number Of Units In Community: 12
  • Number Of Units Total: 12
  • Rent Includes: Gardener, Trash Collection, Water

Tax Info

  • Tax Census Tract: 4635.00
  • Tax Lot: 1
  • Tax Tract Number: 63496

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 22, 2019
Sold by
Lake Bd Investment Llc
Bought by
Prosper Development Llc
Current Estimated Value
$1,386,016

Purchase Details

Listed on
Mar 19, 2015
Closed on
Nov 4, 2015
Sold by
Gold River Valley Llc
Bought by
Lake Bd Investment Llc
Seller's Agent
Lulu Knowlton
eXp Realty of California Inc
Buyer's Agent
Nancy Wang
List Price
$1,028,500
Sold Price
$817,245
Premium/Discount to List
-$211,255
-20.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.26%
Original Mortgage
$7,730,000
Interest Rate
3.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 12, 2013
Sold by
Goldenman Venture Capital Group
Bought by
Goldenman Venture Capital Group and Liberty Gardens Llc

Purchase Details

Closed on
Aug 10, 2012
Sold by
Liberty Gardens Llc
Bought by
Goldenman Venture Capital Group
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Prosper Development Llc $11,380,000 Chicago Title Company
Lake Bd Investment Llc $10,600,000 North American Title Company
Goldenman Venture Capital Group -- None Available
Goldenman Venture Capital Group -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Prosper Development Llc $3,000,000
Previous Owner Lake Bd Investment Llc $5,500,000
Previous Owner Lake Bd Investment Llc $7,730,000
Previous Owner Gold River Valley Llc $3,112,297
Previous Owner Gold River Valley Llc $3,950,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2021 05/01/21 Rented $3,850 0.0% --
04/30/2021 04/30/21 Under Contract -- -- --
04/28/2021 04/28/21 For Rent $3,850 0.0% --
12/03/2015 12/03/15 Sold $817,245 -20.5% $464 / Sq Ft
07/01/2015 07/01/15 Pending -- -- --
03/19/2015 03/19/15 For Sale $1,028,500 0.0% $584 / Sq Ft
07/01/2013 07/01/13 Rented $3,400 -2.9% --
06/06/2013 06/06/13 Under Contract -- -- --
05/08/2013 05/08/13 For Rent $3,500 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $11,428 $1,030,208 $720,710 $309,498
2024 $11,428 $1,010,009 $706,579 $303,430
2023 $11,332 $990,206 $692,725 $297,481
2022 $10,936 $970,792 $679,143 $291,649
2021 $10,486 $951,758 $665,827 $285,931
2019 $10,196 $933,861 $653,703 $280,158
2018 $10,431 $915,551 $640,886 $274,665
2016 $10,101 $880,000 $616,000 $264,000
2015 $10,733 $932,751 $653,460 $279,291
2014 $10,498 $914,481 $640,660 $273,821
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR21090103

California Regional Multiple Listing Service (CRMLS)

APN: 5327-020-042