NOT LISTED FOR SALE

650 S Lake Ave Unit 3 Pasadena, CA 91106

Estimated Value: $958,000 - $1,610,000

3 Beds
3 Baths
1,560 Sq Ft
$780/Sq Ft Est. Value

Last Sold December 03, 2015

Last sale price $773,545 $496 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $7,478/month

Highlights

  • All Bedrooms Downstairs
  • No HOA
  • Living Room
  • Blair High School Rated A-
  • 2 Car Attached Garage
  • Laundry Room

About This Home

As of August 2022

Beautiful townhome at South Lake Ave., Premier Pasadena location. 12 units Townhome complex. Open floor plan with 3 bedrooms and 2 1/2 bathrooms. New Carpet, New paint. Shows bright and spacious. Water and trash are included in rent. Oversized tw car garage with space for storage. Super convenient location, yet very quiet. Shops, restaurants, entertainment and Cal tech are all in walking distance.

Last Agent to Rent the Property

Grace Lee

Graceland Investment, Inc. License #01178535 Listed on: 08/23/2022

Last Renter's Agent

Grace Lee

Graceland Investment, Inc. License #01178535 Listed on: 08/23/2022

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $10,158

Year Built

  • Built in 2010

Lot Details

  • 0.39

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1,560 Sq Ft Home
  • Living Room
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Bedrooms Down
  • 3 Full Bathrooms

Additional Features

  • Two or More Common Walls
  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $3,800
  • Rent includes gardener, trash collection, water
  • 12-Month Minimum Lease Term
  • Available 8/23/22
  • Tax Lot 1
  • Tax Tract Number 63496
  • Assessor Parcel Number 5327020043

Community Details

Overview

  • No Home Owners Association
  • 12 Units

Pet Policy

  • Limit on the number of pets
  • Pet Deposit $500
  • Dogs and Cats Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$10,158

Year Built

Built in 2010

Lot Details

0

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2022-08-23
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Key: 200
  • Deposit Other: 350
  • Deposit Pets: 500
  • Deposit Security: 3800
  • Furnished: Unfurnished
  • Pets Allowed: Cats OK, Dogs OK, Number Limit
  • Transfer Fee Paid By: Tenant

Listing Details

  • Structure Type: Multi Family
  • Property Attached: Yes
  • View: No
  • Zoning: PSR3
  • Property Sub Type: Townhouse
  • Property Type: Residential Lease
  • Parcel Number: 5327020043
  • Year Built: 2010
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1560.00 Square Feet
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 3
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 2.44
  • Room Type: All Bedrooms Down, Kitchen, Living Room

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: Curbs

Schools

  • School District: Pasadena Unified

Lot Info

  • Additional Parcels: No
  • 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
  • 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
$1,216,927

Purchase Details

Listed on
Mar 21, 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
$973,500
Sold Price
$773,545
Premium/Discount to List
-$199,955
-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
4.74%
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
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
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2022 08/31/22 Rented $3,800 0.0% --
08/23/2022 08/23/22 For Rent $3,800 0.0% --
12/03/2015 12/03/15 Sold $773,545 -20.5% $496 / Sq Ft
07/01/2015 07/01/15 Pending -- -- --
03/21/2015 03/21/15 For Sale $973,500 0.0% $624 / Sq Ft
10/29/2013 10/29/13 Rented $3,250 0.0% --
10/29/2013 10/29/13 Under Contract -- -- --
01/30/2013 01/30/13 For Rent $3,250 -- --
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 $10,158 $913,191 $638,688 $274,503
2024 $10,158 $895,286 $626,165 $269,121
2023 $10,072 $877,733 $613,888 $263,845
2022 $9,720 $860,523 $601,851 $258,672
2021 $9,321 $843,650 $590,050 $253,600
2019 $9,063 $827,741 $579,419 $248,322
2018 $9,268 $811,511 $568,058 $243,453
2016 $8,973 $780,000 $546,000 $234,000
2015 $9,526 $826,150 $578,839 $247,311
2014 $9,319 $809,968 $567,501 $242,467
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR22185638

California Regional Multiple Listing Service (CRMLS)

APN: 5327-020-043