48
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$1,800,000
●
House -
In Contract
1580 Old House Road
Pasadena, CA 91107
5 Beds
1 Bath
2,328 Ft²
$8,839
Est. Monthly
About This Property
A standout opportunity to reimagine a classic mid-century
post-and-beam home by local architect Boyd Georgi. Located in the
exclusive Kinneloa Mesa neighborhood, this contemporary potential
compound offers a serene setting nestled among mature oaks, agave
gardens, and fruit trees -- a quintessential Southern California
oasis.The home features walls of glass and seamless outdoor access
from most rooms, creating a harmonious environment at one with
nature, on a semi-private street with no outlet. The architecture
is intact and the bones are exceptional, offering a rare canvas for
a buyer with vision.Owned by only two families, this property
presents an exceptional opportunity to restore a magical
contemporary home and tailor it to today's lifestyle.
Unit Size
2,328 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$773
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1957
Listed By
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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 months ago (CRMLS #P1-27337)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 5, 2026 | In contract | - | |
| In contract | |||
| Aug 13, 2026 | Price Decreased |
$1,800,000
↓ $200K
(10%) | |
| Price Decreased | |||
| May 28, 2026 | Listed by Redfin Corporation | $1,999,999 | |
| Listed by Redfin Corporation | |||
Property Highlights
Fireplace
Parking Details
Has Carport
Parking Features: Carport
Interior Details
Full Bathrooms: 1
Interior Features: SeparateFormalDiningRoom, MainLevelPrimary
Laundry Features: Washer Hookup, Electric Dryer Hookup, Outside
Has Fireplace
Fireplace Features: Decorative, Living Room, Wood Burning
Exterior Details
Square Footage: 2328
Square Footage Source: $0
Year Built Source: Public Records
Year Built: 1957
Levels: One
Pool Features: None
Lot Features: SprinklersNone, Yard
Lot Size Area: 19988
Lot Size Units: Square Feet
Lot Size Acres: 0.4589
Lot Size Square Feet: 19988
Tax Lot: 54
Water Source: Public
Utilities Details
Sewer : Public Sewer
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 Sierra Madre Villa
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Tricia McMullan, Redfin Corporation
Last Updated: 2 months ago
Data Source: CRMLS, MLS# P1-27337
Last Updated: 2 months ago
Data Source: CRMLS, MLS# P1-27337
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