$1,160,000
●
House -
Off Market
1565 Homewood Drive
Altadena, CA 91001
4 Beds
2 Baths
2,016 Ft²
$5,377
Est. Monthly
About This Property
Set on a tree-lined street with magnificent views of the San
Gabriel Mountains, sits a one-of-a-kind opportunity to own a home
on an expansive lot in one of Altadena's most sought after estate
neighborhoods. This property offers so many different
options! Restore the home and buy into this luxurious neighborhood
for an unbelievably low entry price. Live in the home while you
build your dream compound. Think of building a striking
architectural home in the back and converting the existing home
into a guest house and garage. Privatize the front with
landscaping, restore the existing pool and you will have created a
serene oasis for you and your family! Or start from scratch
and design your custom luxury estate tailored to your vision!
Unit Size
2,016 Ft²
Days on Market
36 days
Land Size
0.30 acres
Price per sqft
$543
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1948
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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 days ago (CRMLS #P1-28753)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 15, 2026 | Sold | ||
| Sold | |||
| Sep 23, 2026 | In contract | - | |
| In contract | |||
| Sep 8, 2026 | Listed by Keller Williams Realty | $1,095,000 | |
| Listed by Keller Williams Realty | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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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: Cariy Hernandez, Keller Williams Realty
Last Updated: 4 days ago
Data Source: CRMLS, MLS# P1-28753
Last Updated: 4 days ago
Data Source: CRMLS, MLS# P1-28753
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