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640 South Lake, 204, Pasadena, CA 91106

$780K2bd · 3ba · 1,469 sqft
HOA $800/mo•Condominium•
Active
•83d on market•MLS# P1-28372

Property Description

Welcome to this spacious single-level condominium offering two bedrooms and three bathrooms in Pasadena's vibrant South Lake Avenue shopping and dining district. The home features a n open living room centered around a beautiful fireplace, a wet bar, and sliding door that offers tons of natural light while providing access to one of two private patios, creating inviting indoor-outdoor living spaces. The kitchen has been remodeled with newer countertops, ample cabinet space, backsplash and newer laminate flooring, plus a large pantry, and a cozy breakfast nook that also opens to the private balcony. The spacious bedrooms offer plenty of natural light, plus the primary bedroom has direct access to it's own balcony. The home also offers central air and heat, laundry closet, and 2 side by side parking spaces in the subterranean garage. HOA includes water, trash, common area maintenance and landscaping, and earthquake building insurance.Enjoy a convenient & prime Pasadena location near Caltech and the South Lake District, with shopping, dining, coffee shops, and everyday essentials just a short distance away, including Erewhon, Trader Joe's, and Pavilions.

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
Carpet, Laminate
City
Pasadena
Zip Code
91106
County
Los Angeles
Listed byeXp Realty of California, Inc., Daniel Portillo

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$3,943.60
Principal & Interest
Loan Amount
$623,920
Total Interest
$795,776
Total Payment Over 30 Years
$1,419,696
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, 204, Pasadena, CA 91106

Pasadena · Condominium

$780K
Affordable Tier
Beds
2
Baths
3
Sqft
1,469
Lot
0 sqft
Year
1979
$/Sqft
$531
Pool: No✓
Spa: No✓
View: None✓

Listed 8.2% below the median closed sale of $850,000. Closed comps sold at 101% of list — strong seller's market.

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $780K· $531/sqft
Total list price
Closed comps
vs closed median $850K
−$70K (−8.2%)
Active comps
vs active median $699K
+$81K (+11.6%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $593
−$62 (−10.5%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
1000 California BoulevardPasadena1984231,3720$619$849,0001093
432 Oak Knoll AvenuePasadena1980231,2129,164$619$750,0005592
961 California BoulevardPasadena1987231,17026,383$597$699,0002688
960 San Pasqual StreetPasadena1964221,2820$545$699,0002688
500 Oak Knoll AvenuePasadena1973221,1600$586$680,000586
Total: 5 · Average2.02.61,239.217,773.5$593.2$735,40024.4
Median1,212$699,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
640 Lake AvenuePasadena197903/27/2026231,5140$828,000$855,000$5651.033894
961 California BoulevardPasadena198710/21/2026231,29126,383$750,000$740,000$5730.9917090
484 CaliforniaPasadena198309/29/2026231,50656,942$865,000$850,000$5640.989090
700 Lake AvenuePasadena197408/28/2026221,51893,340$828,000$860,000$5671.041590
961 California BoulevardPasadena198709/18/2026231,1970$748,000$740,000$6180.9913288
Total: 5 · Average2.02.81,405.258,888.333$809,000$809,000$577.4—89
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.