Listed by: Sophie Cheang, Re/Max Top Producers
$1,160,000
●
House -
Off Market
1158 Wesley Avenue
Pasadena, CA 91104
3 Beds
2 Baths
1,425 Ft²
$4,911
Est. Monthly
About This Property
Welcome to North East Pasadena! This beautiful home needs some TLC,
but once it is completed, it will be the dream home you have been
waiting for. Bring your tools and add your personal touch. It is
nestled in a family-friendly community, ready for your family to
create loving memories. This property offers 3 bedrooms and 2
bathrooms with a detached garage. Its huge lot size has great
potential for an ADU (additional Dwelling Unit) or family and
friends gathering for the holidays. Its proximity is near shopping
and restaurants. Let's view it before it's gone.
Unit Size
1,425 Ft²
Days on Market
55 days
Land Size
0.17 acres
Price per sqft
$702
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1913
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 2 years ago (CRMLS #PW24240504)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 5, 2025 | Sold | ||
| Sold | |||
| Dec 10, 2024 | Listed by Re/Max Top Producers | $999,999 | |
| Listed by Re/Max Top Producers | |||
| Dec 8, 2023 | No longer available | - | |
| No longer available | |||
| Jul 9, 2023 | Listed by Pina Realty | $1,190,000 | |
| Listed by Pina Realty | |||
| | |||
|
This home is situated on a charming, tree-lined street, close to some wonderful shops, cafes, and restaurants- situated between Brigden Ranch and Bungalow Heaven. It offers 3 bedrooms, 2 baths, a finished attic plus a bonus room outside attached to the garage - Space for a potential ADU, creative studio, or office. There are hardwood and laminate floors throughout, recessed lighting, and two fireplaces. The layout is spacious and bright with an inviting open floor plan. The living room offers large windows, a fireplace, and wall-to-wall built-in bookshelves. In the master bedroom, you'll find a beautiful redbrick fireplace, exposed beams, and windows along the garden-facing wall. This home offers much potential for you to take it to the next level or remodel it to your taste, an easier task as it was updated just seven years ago. The yard is very spacious with a covered patio and many fruit trees. The manager has listed the unit size as 1425 square feet.
| |||
| Sep 28, 2022 | No longer available | - | |
| No longer available | |||
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Property Highlights
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Northeast Pasadena
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Listed by: Sophie Cheang, Re/Max Top Producers
Last Updated: 2 years ago
Data Source: CRMLS, MLS# PW24240504
Last Updated: 2 years ago
Data Source: CRMLS, MLS# PW24240504
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