700 S Lake Avenue 109, Pasadena, California 91106, Pasadena, 91106 - 1 bed, 2 bath
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Pasadena, California 91106
This Turnkey Condominium represents a Strong Value Opportunity, listed at $828,000—positioned above the $767,751 Fair Market Value. While priced at a premium, the property offers an Excellent Condition Rating with recent bathroom remodels and high-quality flooring. Located in the prestigious South Lake Avenue district, this end-unit provides rare privacy, a flexible floor plan, and resort-style amenities including a pool and spa. This residence is an ideal sanctuary for professional commuters or first-time buyers seeking a move-in ready lifestyle in a prime Pasadena location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 700 S Lake Avenue 109 Subject | $828,000* List Price | 1 | 2 | 1,296 | $592 | - |
A 972 E California Boulevard 306 Sold | $660,000 | 2 | 2 | 1,104 | $598 | 0.2 mi |
B 1000 Cordova Street 101 Sold | $665,000 | 2 | 2 | 1,222 | $544 | 0.6 mi |
C 985 E California Boulevard 305 Sold | $715,500 | 2 | 2 | 1,199 | $597 | 0.2 mi |
D 382 E California Boulevard 308 Sold | $700,000 | 2 | 2 | 1,350 | $519 | 0.6 mi |
E 1127 E Del Mar Sold | $650,000 | 2 | 2 | 1,363 | $477 | 0.6 mi |
F 972 E California Boulevard 309 Sold | $680,000 | 2 | 2 | 1,114 | $610 | 0.2 mi |
G 1000 E California Boulevard E 204 Sold | $849,000 | 2 | 3 | 1,345 | $631 | 0.2 mi |
H 235 S Holliston Avenue 217 Sold | $749,000 | 2 | 2 | 1,275 | $587 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the property was built in 1974, it has been well-maintained and features significant updates that align with a 5-15 year renovation cycle. Highlights include recently remodeled bathrooms with modern tile work, new high-quality hardwood flooring, and a clean, functional kitchen with updated cabinetry. Although the kitchen appliances are white rather than modern stainless steel, the home is in move-in ready condition.
Ideally situated in the high-demand South Lake Avenue district near Caltech, providing residents with immediate walking access to premier shopping, dining, and top-rated schools.
As a rare end-unit with no adjoining side walls and nearly 1,300 sqft of living space, this home offers the tranquility of a single-family residence with a highly flexible floor plan that includes a dedicated home office space.
The property features significant recent improvements, including beautifully remodeled bathrooms and high-quality new flooring, making it a move-in-ready option for discerning buyers.
The monthly HOA fee of $650 is relatively high for a one-bedroom unit, which may impact the overall affordability and debt-to-income ratio for some prospective buyers.
Despite the generous square footage, the official one-bedroom designation may limit the buyer pool and future resale value compared to traditional two-bedroom units in the same price bracket.
Always in Demand! Welcome to 700 S. Lake Avenue, Unit 109, a beautifully maintained and thoughtfully updated single-level residence in one of Pasadena's most desirable locations. Ideally situated near Caltech, South Lake Avenue shopping and dining, transportation, and top-rated schools, this home offers both convenience and comfort. Privately located at the rear of the complex and accessed through Gate #2, this rare end-unit features no adjoining side walls, providing exceptional privacy and tranquility. The well-designed floor plan offers spacious living areas, including an expanded dining area with custom built-ins that is currently utilized as a home office. This flexible space can easily serve as a dedicated office, library, guest room, or potential second bedroom, depending on your lifestyle needs. An additional alcove off the living room provides even more versatility for work, relaxation, or creative use. The bright and inviting kitchen is thoughtfully organized with abundant cabinetry and a charming breakfast area overlooking a lush garden setting. The expansive living room showcases soaring ceilings, a cozy central fireplace, custom plantation shutters, rich hardwood flooring, and large sliding glass doors that open to a long, private, and secure patio—ideal for indoor-outdoor living and entertaining. Recent improvements include beautifully remodeled bathrooms and new high-quality flooring, adding a fresh, modern touch while enhancing the home's timeless appeal. Lovingly maintained throughout the years, this residence is truly move-in ready. Residents enjoy access to resort-style amenities including a sparkling pool, relaxing spa, and secure subterranean parking. Combining privacy, functionality, and an unbeatable location, this exceptional home offers the best of Pasadena living.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 21% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,296 | 1,183 | 67% |
| Lot Size | 93,368 | 17,451 | 90% |
| Price | $828.0K | $690.0K | 77% |
| Price per sq ft | $639 | $610 | 62% |
| Built year | 1974 | 1973 | 56% |
| HOA | $650.0 | $550 | 69% |
| Days on market | 4 | 162 | 3% |
Jun 12, 2026
$828,000
Initial Listing
Feb 17, 2022
$745,000
Public Record
Feb 15, 2007
$465,000
Public Record
Sep 1, 1994
$160,000
Public Record