700 S Lake Avenue 111, Pasadena, California 91106, Pasadena, 91106 - 2 bed, 3 bath
700 S Lake Avenue 111
Pasadena, California 91106
Property Price
SUMMARY
Analysis of 700 S Lake Avenue 111, Pasadena, California 91106 is currently available with a list price of $988,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Pasadena Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is move-in ready and features significant interior updates that deviate from its 1974 construction. The kitchen and bathrooms have been modernized, and the unit includes high-quality finishes such as travertine and wood flooring, recessed lighting, and plantation shutters. These renovations appear to have been completed within the last 10-15 years, placing it firmly in the 'good' category as a well-maintained, updated residence.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Location
Situated in the prestigious South Lake Avenue district, the property offers exceptional walkability to high-end shopping, dining, and Caltech.
- Versatile Floor Plan
The spacious 1,583 sqft layout includes a den with a wet bar that can easily serve as a third bedroom, providing rare flexibility for a condo.
- Modern Interior Finishes
The unit boasts high-quality updates including a remodeled kitchen, renovated bathrooms, and premium travertine and wood flooring throughout.
CONSRISKS & DEFICIENCIES
- Tandem Parking
The two assigned parking spaces are in a tandem configuration, which may be less convenient for households with multiple active drivers.
- Building Age
Constructed in 1974, the complex may require more frequent maintenance of common areas and infrastructure compared to newer developments.
About 700 S Lake Avenue 111
Single-level, 1st floor 2 bedrooms, 2.5 baths spacious Condo at the prestigious 700 S Lake Ave. This well maintained complex is of close proximity to shops, restaurants on S Lake Ave and Caltech. Unit features double door entry, updated kitchen and bathrooms, wood, tiles and travertine flooring, recess lighting, plantation shutters and many more. The master suite has its own walk-in closet and dual sinks. Central air/heat, community pool and spa, gated subterranean 2 cars (tandem) parking with storage unit. There is a Den/office with wet bar, it could be a 3rd bedroom if needed. A great unit in a desirable location is truly the one you should not miss.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1974
- Lot Size
- 93,340 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $600.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 3.0 | 2.0 | 79% |
| Square foot | 1,583 | 1,105.5 | 89% |
| Lot Size | 93,340 | 21,476 | 89% |
| Price | $988.0K | $695.0K | 89% |
| Price per sq ft | $624 | $613 | 58% |
| Built year | 1974 | 1977 | 50% |
| HOA | $600.0 | $539 | 61% |
| Days on market | 127 | 170 | 37% |
Pricing History
Listed for Sale
Oct 30, 2025
$988,000
Initial Listing
Sold
Aug 30, 2017
$760,000
Public Record
Sold
Jul 28, 2015
$710,000
Public Record
Sold
Jan 14, 2000
$265,000
Public Record