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1786 Asbury Drive
About This Property
Meticulously remodeled in 2016 and further refined with carefully curated upgrades, this exceptional north-facing residence offers a rare combination of historic charm, contemporary elegance, and turnkey convenience. Rich in natural light, the home showcases energy-efficient Milgard windows and doors, custom wood shutters, elegant rolling shades, and a bright living room anchored by a striking stone fireplace. Designed for both elevated everyday living and effortless entertaining, the chef-inspired kitchen features premium Caesarstone countertops, stainless steel appliances, abundant custom cabinetry, and a high-performance FOTILE range hood.
Every detail has been thoughtfully considered, including central heating and air conditioning, a whole-house water softener system, and a recently installed water heater (December 2024), delivering modern comfort with uncompromising quality.
Outdoor spaces evoke a private urban retreat, featuring a lush front lawn and an expansive paved backyard framed by a charming mini orchard with mature lemon, fig, jujube, and passionfruit trees. The finished two-car garage, constructed in 2016, presents outstanding ADU or creative studio potential, while an additional 80 sq. ft. storage shed enhances functionality.
Secure iron gates, a long private driveway, and generous off-street parking provide both privacy and peace of mind. Just moments from the Metro Gold Line and surrounded by beloved neighborhood coffee shops, artisan bakeries, local cafes, markets, and everyday conveniences, this turnkey home offers the perfect blend of Pasadena charm, comfort, and lifestyle.
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Cap Rate Calculator
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 25, 2026 | Sold | ||
| Sold | |||
| Jun 16, 2026 | In contract | - | |
| In contract | |||
| May 11, 2026 | Listed by eXp Realty of Greater LA, Inc. | $1,428,000 | |
| Listed by eXp Realty of Greater LA, Inc. | |||
| Nov 4, 2025 | Price Decreased |
$1,499,000
↓ $87K
(5.5%) | |
| Price Decreased | |||
| Oct 26, 2025 | Price Increased |
$1,586,000
↑ $488K
(44.4%) | |
| Price Increased | |||
Property Highlights
Building Info
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About Northeast Pasadena
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017