1
Map
$2,783,500
●
House -
Off Market
161 California Terrace
Pasadena, CA 91105
5 Beds
4 Baths
2,735 Ft²
$11,785
Est. Monthly
About This Property
Envisioned in 2016, this modern home was built with a focus on
efficiency, flexibility, and innovation. This cul-de-sac home
uses a unique prefabricated technology with modern architecture
while fostering sustainability and environmental consciousness. At
the core of the home is Proto Core, the control center of the home
with one networked system that includes the electrical, plumbing,
HVAC distribution system, and the CPU that controls the smart home
operating system to ensure smooth and efficient operations (be sure
to see the space-age control room). This energy-efficient two-story
home offers five bedrooms and four baths and boasts an open-ceiling
first floor crossed by a catwalk hallway. Other highlights include
hardwood and polished concrete floors throughout, fireplaces, and
patios. Relax in the backyard paradise with a swimming pool and hot
tub. Convenient parking in the two-car detached garage that also
includes a full bath. For those who treasure smart home technology,
modern design, and energy efficiency, this is the epitome of
sustainable living that awaits you.
Unit Size
2,735 Ft²
Days on Market
30 days
Land Size
0.20 acres
Price per sqft
$878
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2016
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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: 3 days ago (CRMLS #P1-16495)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 14, 2024 | Sold | ||
| Sold | |||
| Jan 19, 2024 | Listed by Sotheby's International Realty, Inc. | $2,400,000 | |
| Listed by Sotheby's International Realty, Inc. | |||
| May 26, 2019 | No longer available | - | |
| No longer available | |||
| Feb 10, 2019 | Price Decreased |
$1,999,880
↓ $149K
(6.9%) | |
| Price Decreased | |||
| Dec 6, 2018 | Listed | $2,148,880 | |
| Listed | |||
| | |||
|
2017 built modern, low maintenance smart home. The manager has listed the unit size as 2759 square feet.
| |||
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
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Type
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ft²
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HOA + Taxes
About West Pasadena
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Listed by: Michael Bell, Sotheby's International Realty, Inc.
Last Updated: 3 days ago
Data Source: CRMLS, MLS# P1-16495
Last Updated: 3 days ago
Data Source: CRMLS, MLS# P1-16495
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