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700 South Lake Avenue, 109, Pasadena, CA 91106

$665K1bd · 2ba · 1,296 sqft
Lot 93,368 sqft•HOA $650/mo•Condominium•
Active
•34d on market•MLS# WS-26198195

Property Description

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.

Features & Amenities

FeeBuilt 1974

Property Details

Land Type
Fee
Year Built
1974
Property Type
Residential
Property Subtype
Condominium
Parking Spaces
1
Garage Spaces
1
Heating
Central
Cooling
Central Air
View
None
Flooring
Tile, Wood
City
Pasadena
Zip Code
91106
County
Los Angeles
Listed byWetrust Realty, CONG Hui DU

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$3,362.60
Principal & Interest
Loan Amount
$532,000
Total Interest
$678,537
Total Payment Over 30 Years
$1,210,537
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

700 South Lake Avenue, 109, Pasadena, CA 91106

Pasadena · Condominium

$665K
Affordable Tier
Beds
1
Baths
2
Sqft
1,296
Lot
2.14 ac
Year
1974
$/Sqft
$513
Pool: Yes✓
View: None✓
Garage: 1-car✓

Listed 8.4% below the median closed sale of $726,000. Price per sqft ($513) is a 22% discount to closed comps ($656). Closed comps sold at 102% of list — strong seller's market.

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $665K· $513/sqft
Total list price
Closed comps
vs closed median $726K
−$61K (−8.4%)
Active comps
vs active median $580K
+$85K (+14.7%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $558
−$45 (−8.0%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
420 MadisonPasadena19701298350,079$579$568,90011583
125 AllenPasadena1973221,14751,218$480$550,00016782
125 Sierra MadrePasadena1972221,11131,909$522$580,00024280
960 SAN PASQUAL StreetPasadena1964221,2621,067$554$698,80017778
501 Del Mar BoulevardPasadena1987221,14636,789$654$750,00010978
Total: 5 · Average1.82.01,129.834,212.4$557.8$629,540162
Median1,146$580,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
700 Lake AvenuePasadena197409/29/2026121,29693,368$675,000$670,000$5170.993297
484 EuclidPasadena198209/29/2026221,15525,168$729,000$729,000$6311.004480
355 Los Robles AvenuePasadena197209/30/2026229270$559,000$559,000$6031.0012780
700 Lake AvenuePasadena197410/01/2026231,5830$1.20M$1.35M$8531.132379
286 MadisonPasadena200309/22/2026121,07134,558$739,000$726,000$6780.9815978
Total: 5 · Average1.62.21,206.451,031.333$806,800$806,800$656.4—77
Median1,155$726,000$726,000

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.