1280 Leonard Avenue
About This Property
Welcome to 1280 Leonard Ave, a delightful single-family residence situated in the heart of one of the most desirable places in Pasadena. This spacious home boasts approximately 1,676 square feet of living space, nestled on a generous 7,312 square foot lot. Featuring 3 inviting bedrooms and 2 modern bathrooms (1.5 baths), this property is perfect for families and those looking for room to grow.
Built in 1951, this home exudes character and warmth while offering modern conveniences. The bright and airy living areas are ideal for entertaining, and the kitchen provides functionality and style. Enjoy the beautiful Southern California weather in your wraparound backyard, a perfect retreat for outdoor gatherings or gardening enthusiasts.
Situated in a friendly neighborhood, you'll find wonderful neighbors who are friendly and warm. With its convenient location, you're close to schools, parks, and excellent shopping
Don't miss this opportunity to own a lovely piece of Pasadena! Schedule a showing today and imagine the possibilities that await.
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Cap Rate Calculator
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 19, 2025 | Sold | ||
| Sold | |||
| Nov 14, 2024 | Listed by The Agency | $1,288,000 | |
| Listed by The Agency | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017