ActiveCondominium

700 S Lake Avenue 111

Pasadena, CA, 91106

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$958,000

MLS: WS26096706

Beds

2

Baths

3

Sq Ft

1,583

Lot

2.14 ac

Year Built

1974

MLS #

WS26096706

Days on Market

4

Listed

May 5, 2026

Description

Single-level first-floor condo in the prestigious 700 S. Lake community. This spacious 2-bedroom, 2.5-bath residence offers a desirable open layout with a den/office and wet bar that may serve as a potential 3rd bedroom. Features include double-door entry, updated kitchen and baths, wood, tile and travertine flooring, recessed lighting, plantation shutters, and central air/heat. The primary suite offers a walk-in closet and dual-sink vanity. Well-maintained complex with community pool and spa, gated subterranean tandem 2-car parking, and private storage. Ideally located near South Lake shopping, dining, and Caltech. A rare opportunity in one of Pasadena’s most sought-after locations.

Location

Pasadena, Los Angeles County, CA 91106

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Listed by: DESMOND WANG · Keller Williams Realty/Pasadena

Payment estimate

$7,033

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $95,800 · Loan: $862,200

%
Principal & Interest
$5,376
Property tax (1.25%)
$998
Homeowners insurance
$300
Mortgage insurance
$359
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Today's Rates

As of May 7, 2026

30-year fixed
6.37%
15-year fixed
5.72%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

About the area · Mike Watson

About the Antelope Valley

The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.

Financing Options

FHA Financing — 3.5% Down

First-time and repeat buyers can purchase this Pasadena home with as little as 3.5% down using an FHA loan — roughly $33,530 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

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Local Market Stats

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Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

#1 Producing Individual Realtor — Antelope Valley

Only large teams outsell Mike Watson · Keller Williams Realty

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Listing data provided by the MLS · Presented by Watson & Associates · Keller Williams Realty · mikewatsonrealtor.com
All information deemed reliable but not guaranteed. Contact listing agent to verify.