$1,860,000
●
House -
Off Market
1405 El Mirador Drive
Pasadena, CA 91103
3 Beds
2 Baths
2,732 Ft²
$3,032,072
RealtyHop Estimate
60.00%
Since Jun 1, 2017
CA-Los Angeles
Primary Model
About This Property
Situated on 17,461 feet of rolling green lawn in the prestigious
Linda Vista district of Pasadena, this beautifully updated 3
bedroom and 3 bathroom Mid-Century one-story home exudes
tranquility. The light-filled and open floor plan personifies the
quintessential 'California lifestyle' and is perfectly suited for
casual living or elegant entertaining. The living room and family
room feature a double-sided fireplace, vaulted open-beamed ceilings
and sliding glass doors that open to a deep patio with sweeping
views of the gardens. The heart beat of the house is the fabulous
gourmet kitchen featuring custom built cabinets, granite counter
tops and commercial grade stainless appliances. Three bedrooms, two
of which are ensuite and generously sized, offer an abundance of
light. The professionally designed gardens feature an over-sized
spa, mature plantings and unparalleled privacy. Additional
Features: 2 car garage with an adjacent large storage room, laundry
room and security system.
Unit Size
2,732 Ft²
Days on Market
65 days
Land Size
0.40 acres
Price per sqft
$694
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1961
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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: 4 months ago (CRMLS #P0-317002586)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 31, 2017 | Sold | ||
| Sold | |||
| Mar 27, 2017 | Listed by Sotheby's International Realty, Inc. | $1,895,000 | |
| Listed by Sotheby's International Realty, Inc. | |||
Property Highlights
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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ft²
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HOA + Taxes
About Northwest Pasadena
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Listed by: Rita Whitney, Sotheby's International Realty, Inc.
Last Updated: 4 months ago
Data Source: CRMLS, MLS# P0-317002586
Last Updated: 4 months ago
Data Source: CRMLS, MLS# P0-317002586
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