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640 South Lake, 203, Pasadena, CA 91106

$830K2bd · 3ba · 1,460 sqft
Lot 22,446 sqft•HOA $800/mo•Condominium•
Active
•86d on market•MLS# OC-26157956

Property Description

This elegant and spacious single-level condominium offers two bedrooms, three bathrooms, and an exceptional location just moments from Pasadena's vibrant South Lake District. Designed for both comfortable everyday living and effortless entertaining, the home features an expansive living room with a custom-built fireplace, custom crown molding & recessed lighting throughout. The sliding glass doors open to one of two private patios, creating inviting indoor-outdoor living spaces. The generous dining area flows seamlessly into the well-appointed kitchen, which offers abundant cabinetry, a large pantry, and a charming breakfast area with a side door leading to the first patio. The thoughtfully designed floor plan includes two spacious bedrooms. The primary suite features dual closets, an en-suite bathroom, and sliding glass doors that open to the second private patio. The secondary bedroom is conveniently located near a three-quarter bathroom, while a separate powder room off the entry provides added convenience for guests. Additional amenities include an interior laundry area with a side-by-side washer and dryer, abundant storage throughout, and two assigned parking spaces. The HOA dues include water, trash, landscaping, exterior insurance, offering exceptional value and peace of mind. Ideally situated near Caltech and the shops and restaurants of South Lake Avenue, this home is also just minutes from popular destinations including Erewhon, Trader Joe's, Pavilions, and numerous cafés and everyday conveniences. Offering an outstanding combination of space, comfort, and location, this is a wonderful opportunity to enjoy the very best of Pasadena living. Welcome home!

Features & Amenities

FeeBuilt 1979

Property Details

Land Type
Fee
Year Built
1979
Property Type
Residential
Property Subtype
Condominium
Parking Spaces
2
Garage Spaces
0
Heating
Central
Cooling
Central Air
View
None
Flooring
Tile
Roof
Tile, Flat
City
Pasadena
Zip Code
91106
County
Los Angeles
Listed byReal Broker, Ezra Silva

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$4,196.43
Principal & Interest
Loan Amount
$663,920
Total Interest
$846,793
Total Payment Over 30 Years
$1,510,713
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Affordable Tier · 5 active · 5 closed

640 South Lake, 203, Pasadena, CA 91106

Pasadena · Condominium

$830K
Affordable Tier
Beds
2
Baths
3
Sqft
1,460
Lot
22,446 sqft
Year
1979
$/Sqft
$568
Pool: No✓
Spa: No✓
View: None✓

Listed in line with the median closed sale of $850,000. Closed comps sold at 102% of list — strong seller's market.

Price Position

Aligned with the market — fair pricing for the comps.

At market
Subject listed at $830K· $568/sqft
Total list price
Closed comps
vs closed median $850K
−$20K (−2.4%)
Active comps
vs active median $705K
+$125K (+17.7%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $596
−$28 (−4.7%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
432 Oak Knoll AvenuePasadena1980231,2129,164$619$750,0003789
961 California BoulevardPasadena1987231,17026,383$597$699,000885
154 Meridith AvenuePasadena1987231,16815,629$556$649,9007585
500 Oak Knoll AvenuePasadena1973221,1600$608$705,0001284
150 Michigan AvenuePasadena1983221,1940$599$715,0004482
Total: 5 · Average2.02.61,180.817,058.667$595.8$703,78035.2
Median1,170$705,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
700 Lake AvenuePasadena197410/01/2026231,5830$1.20M$1.35M$8531.132390
420 Madison AvenuePasadena197009/01/2026221,3050$650,000$618,000$4740.959088
484 CaliforniaPasadena198309/29/2026231,50656,942$865,000$850,000$5640.988986
961 California BoulevardPasadena198709/18/2026231,1970$748,000$740,000$6180.9913186
330 Cordova StreetPasadena198110/05/2026231,592144,125$899,800$931,000$5851.033285
Total: 5 · Average2.02.81,436.6100,533.5$897,800$897,800$618.8—73
Median1,506$850,000$850,000

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.