$863,000
●
House -
Off Market
1444 N Hill Avenue
Pasadena, CA 91104
2 Beds
1 Bath
967 Ft²
$972,233
RealtyHop Estimate
21.54%
Since May 1, 2021
CA-Los Angeles
Primary Model
About This Property
One of the hottest zip codes in all of Pasadena at the base of the
San Gabriel Mountains adjacent to the coveted "Historic Highlands",
conveniently located just blocks to trendy boutiques, restaurants,
coffee house and yoga in Pasadena's Washington Village. Great
starter home or investment property on a large lot with big front
yard and even larger rear yard with mature landscaping, tons of
privacy and mountain views. Built in 1940 the home retains the
character and charm of a bygone era. Original hardwood floors
throughout with tile in both kitchen and bath. Formal dining room
divides the living room with a wood burning fireplace and kitchen
that has a laundry room off to the side. Both bedrooms have walk-in
closets with one that has access to the rear yard and huge covered
patio. Long driveway with a ton of extra parking and 2 car garage
located near the rear of the property line. Too much to list! TEXT
LISTING AGENT COPY OF SHOWING AGENTS BUSINESS CARD WITH DATE AND
TIME OF SHOWING REQUEST 24 HOURS IN ADVANCE. TENANT OCCUPIED DAY
SLEEPER! ( Seller will be in a 1031 exchange and buyer to cooperate
at no expense to buyer. )
Unit Size
967 Ft²
Days on Market
42 days
Land Size
0.17 acres
Price per sqft
$827
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1940
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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: 5 months ago (CLAW #21708228)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 30, 2021 | Sold | ||
| Sold | |||
| Mar 19, 2021 | Listed by KW Elite | $799,900 | |
| Listed by KW Elite | |||
Property Highlights
Air Conditioning
Fireplace
Parking Available
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Altadena
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Listed by: Stephen Placial, KW Elite
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 21708228
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 21708228
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