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612 S Lake Ave, Pasadena, CA 91106
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612 S Lake Ave Pasadena, CA 91106

$1,950,000 Sold Price as of 04/23/2021
  • 4 Beds
  • 4 Baths
  • -- Sq.Ft.
Sold
$1,950,000 Sold Price as of 04/23/2021 Refinance Your Mortgage
Map preview of 612 S Lake Ave, Pasadena, CA 91106

Property Overview: 612 S Lake Ave Pasadena, CA has 4 bedrooms, 4 bathrooms, -- living square feet and 10,736 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Fantastic location just south of Colorado. Walkability score of 91. This is a great investment opportunity and easy access to shopping and restaurants.

Listed by Dave Brock | BRE #00644454 | Beven & Brock
Last checked: 59 seconds ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 30

Home details

Lot Sq. Ft
10,736
HOA Dues
$0/mo
Year built
1923
Garage
4 Car
Property Type:
Mixed Use
Status
Sold
MLS#
P1-3472
City
Pasadena
County
Los Angeles
Time on Site
1165 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: --
  • Total # of Buildings: 2
  • # of Electric Meters: 5
  • # of Gas Meters: 1
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: --
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $2,500
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 2
  • # of Units: --
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,730
  • Total Rent: $2,730
Unit Breakdown 3
  • # of Units: --
  • # of Beds: 0
  • # of Baths: --
  • Furnishing: Unfurnished
  • Actual Rent: $1,400
  • Total Rent: --
Unit Breakdown 4
  • # of Units: --
  • # of Beds: --
  • # of Baths: 1
  • Actual Rent: $3,000
  • Total Rent: $3,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $115,560
  • Net Operating Income: $69,148
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $46,142
  • Gas/Fuel: $0
  • New Taxes: $23,125
  • Trash: $4,056
  • Insurance: $1,593
  • Professional Management: $5,419
  • Water/Sewer: $4,056

Property Details for 612 S Lake Ave

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Natural Gas
Laundry Information
  • No Laundry
  • None
Kitchen Information
  • No Appliances
  • None
Interior Features
  • Levels: Two
Exterior Features
Exterior Information
  • Has Fence
  • Chain Link
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 9
  • Has Parking
  • Parking Features: Assigned, Garage - Single Door, Garage - Two Door, Parking Space
Lot Information
  • Lot Features: Sprinklers None
Property Information
  • No View
  • View: None
  • Common Walls: No Common Walls
  • Parcel Number: 5327020012
  • Year Built Source: Assessor
  • Foundation Details: Raised
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • No Assessments
  • Assessments: None
Location / Neighborhood
Location Information
  • Subdivision Name: Not Applicable
  • Directions: South of California
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Pasadena Agent

Sale History for 612 S Lake Ave

Last sold for $1,950,000 on April 23rd, 2021

  • April, 2021

  • Apr 23, 2021

    Date

    Sold

    CRMLS: P1-3472

    $1,950,000

    Price

  • Mar 12, 2021

    Date

    Active Under Contract

    CRMLS: P1-3472

    $1,950,000

    Price

  • Mar 9, 2021

    Date

    Active

    CRMLS: P1-3472

    $1,950,000

    Price

  • Feb 26, 2021

    Date

    Active Under Contract

    CRMLS: P1-3472

    $1,950,000

    Price

  • Feb 24, 2021

    Date

    Active

    CRMLS: P1-3472

    $1,950,000

    Price

Tax History for 612 S Lake Ave

Assessed Value (2020): $146,780
Year Land Value Improved Value Assessed Value
2020 $82,920 $63,860 $146,780

Home Value Compared to the Market

This property vs the competition

612 S Lake Ave sold on April 23, 2021 for 56% higher than the current median sold price for the city of Pasadena which is $1,250,000.

About 612 S Lake Ave

Detailed summary of property

612 S Lake Ave is a mixed use that recently sold in Pasadena, CA 91106. This mixed use property offered 4 bedrooms, 4 bathrooms, roughly -- living square feet, and sits on an approximately 10,736 square foot lot. 612 S Lake Ave was first listed on ArdentRealEstateGroup.com on February 24, 2021. The homeowner sold the property for $1,950,000. Home in Pasadena are selling for a median price of $1,250,000 and a median price per square foot of $763. Based on Ardent Real Estate Group's Pasadena Market Data, this home is sold 56% higher than the current median priced home. Local homes that are currently for sale include 1425 W Jefferson Blvd, 1400 S Wilton Pl and 5144 W 21st St. While the average home in Pasadena, CA is selling in 57 days, 612 S Lake Ave has a days on market of 30 days. There are currently 261 homes for sale in the Pasadena real estate market and 154 of them are single family homes while 82 of them are condos and 25 are townhomes. For more information on this home for sale at 612 S Lake Ave Pasadena, CA 91106 contact Ardent Real Estate Group and we will put you in touch with one of our Pasadena agents.

Public Facts for 612 S Lake Ave

Public county record property details
Beds
--
Baths
--
Year built
1923
Sq. Ft.
4,668
Lot Size
10,736
Stories
1
Type
Commercial/Office/Residential (Mixed Use)
Pool
No
Spa
No
County
Los Angeles
Lot#
3,4
APN
5327-020-012

The source for these homes facts are from public records.

91106 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,288,000
Median List Price/Sq.Ft.
$777
Median Sold Price
$830,000
Median Sold Price/Sq.Ft.
$672
Total Inventory
44
Median Sale to List Price %
89.73%
Avg Days on Market
28
Loan Type
Conventional (18.18%), FHA (0%), VA (0%), Cash (36.36%), Other (27.27%)

Thinking of Selling?

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(714) 706-1823

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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