NOT LISTED FOR SALE

650 S Lake Ave Unit 7 Pasadena, CA 91106

Estimated Value: $1,210,000 - $2,237,000

3 Beds
4 Baths
1,970 Sq Ft
$774/Sq Ft Est. Value

Last Sold December 03, 2015

Last sale price $1,018,280 $517 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $9,376/month

Highlights

  • Home Theater
  • Primary Bedroom Suite
  • Fireplace in Primary Bedroom
  • Blair High School Rated A-
  • Peek-A-Boo Views
  • Wood Flooring

About This Home

As of April 2021

Beautiful townhome at South Lake Ave., Premier Pasadena location. 12 units Townhome complex. This three-story home has an open floor plan with 3 bedrooms and 3 1/2 bathrooms. Each bedroom has it’s own bathroom. New Carpet, New paint. Shows bright and spacious. This unit has direct access to its parking garage with space for two cars and ample room for storage or exercise. 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: 04/16/2021

Last Renter's Agent

Jennifer Hemming

Sotheby's International Realty, Inc. License #02049682

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $12,759

Year Built

  • Built in 2010

Lot Details

  • Two or More Common Walls
  • Density is 11-15 Units/Acre

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1,970 Sq Ft Home
  • Home Theater
  • Peek-A-Boo Views
  • Laundry Room

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • 4 Full Bathrooms

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $4,000
  • Rent includes gardener, trash collection, water
  • 12-Month Minimum Lease Term
  • Available 4/16/21
  • Tax Lot 1
  • Tax Tract Number 63496
  • Assessor Parcel Number 5327020045

Community Details

Overview

  • No Home Owners Association
  • 12 Units

Pet Policy

  • Pets Allowed
  • Pet Deposit $500

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$12,759

Year Built

Built in 2010

Lot Details

0

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent, Pet Deposit, Security Deposit
  • Available Date: 2021-04-16
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Key: 50
  • Deposit Other: 350
  • Deposit Pets: 500
  • Deposit Security: 4000
  • Furnished: Unfurnished
  • Pets Allowed: Yes

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • View: Yes
  • Zoning: PSR3
  • Property Sub Type: Townhouse
  • Property Type: Residential Lease
  • Parcel Number: 5327020045
  • Year Built: 2010
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1970.00 Square Feet
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Wood
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Total Bedrooms: 3
  • Fireplace Features: Master Bedroom
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 2.08
  • Room Type: All Bedrooms Up, Master Suite, Media Room

Exterior Features

  • View: Peek-A-Boo
  • Pool Private: No
  • Spa: 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
  • 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
$1,525,695

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
$1,281,500
Sold Price
$1,018,280
Premium/Discount to List
-$263,220
-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
4.81%
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
04/21/2021 04/21/21 Rented $4,100 0.0% --
04/18/2021 04/18/21 Under Contract -- -- --
04/16/2021 04/16/21 For Rent $4,100 0.0% --
12/03/2015 12/03/15 Sold $1,018,280 -20.5% $517 / Sq Ft
07/01/2015 07/01/15 Pending -- -- --
03/21/2015 03/21/15 For Sale $1,281,500 -- $651 / Sq Ft
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 $12,759 $1,152,698 $807,108 $345,590
2024 $12,759 $1,130,097 $791,283 $338,814
2023 $12,652 $1,107,939 $775,768 $332,171
2022 $12,210 $1,086,215 $760,557 $325,658
2021 $11,707 $1,064,918 $745,645 $319,273
2019 $11,387 $1,045,289 $732,233 $313,056
2018 $11,654 $1,024,794 $717,876 $306,918
2016 $11,286 $985,000 $690,000 $295,000
2015 $11,989 $1,043,616 $730,212 $313,404
2014 $11,725 $1,023,174 $715,909 $307,265
Source: Public Records

Agents Affiliated with this Home

  • G

    Landlord's Agent in 2021

    Grace Lee

    Graceland Investment, Inc.

    (626) 327-4377

    23 Total Sales

    Grace Lee
    Section Image

  • J

    Tenant's Agent in 2021

    Jennifer Hemming

    Sotheby's International Realty, Inc.

  • Lulu Knowlton

    Seller's Agent in 2015

    Lulu Knowlton

    eXp Realty of California Inc

    (888) 584-9427

    53 Total Sales

    Lulu Knowlton
    Section Image

  • N

    Buyer's Agent in 2015

    Nancy Wang

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR21080447

California Regional Multiple Listing Service (CRMLS)

APN: 5327-020-045

California Los Angeles County Pasadena 91106

650 S Lake Ave Unit 7, Pasadena, CA

This home is located at 650 S Lake Ave Unit 7, Pasadena, CA 91106 since 16 April 2021 and is currently priced at $1,525,695. This property was built in 2010. 650 S Lake Ave Unit 7 is a home located in Los Angeles County with nearby schools including McKinley School, Blair High School, and Polytechnic School.

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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