$1,400,000
●
House -
Off Market
1840 Sonoma Drive
Altadena, CA 91001
3 Beds
1 Bath,
1
Half Bath
1,645 Ft²
$6,379
Est. Monthly
About This Property
This charming north-facing 1947 Traditional home is located in a
pride-of-ownership neighborhood offering stunning mountain views.
The property features 3 bedrooms, 1.5 updated bathrooms, an
office/sunroom, and beautiful hardwood floors throughout.
Highlights include a living room with a double-sided fireplace and
a wall of windows framing the mountain scenery. The formal dining
room also enjoys mountain views and opens to a modern kitchen with
a cozy breakfast nook and an adjacent laundry room with rear
access. One of the bedrooms shares the other side of the fireplace
and connects to an office space/sunroom with backyard access. The
spacious backyard is perfect for outdoor gatherings, featuring a
BBQ area with a sink, multiple fruit trees, ample shade, and a
spacious double-car garage with an adjacent room ideal for use as
an office, gym, or workshop. The home is conveniently located near
Eaton Canyon hiking trails, the neighborhood's popular Prime Pizza
place, Altadena Country Club, and East Washington Village, which
offers wonderful shopping and dining options.
Unit Size
1,645 Ft²
Days on Market
40 days
Land Size
0.17 acres
Price per sqft
$790
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1947
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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 years ago (CRMLS #P1-19038)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 7, 2024 | In contract | - | |
| In contract | |||
| Oct 7, 2024 | Sold | ||
| Sold | |||
| Sep 10, 2024 | In contract | - | |
| In contract | |||
| Aug 28, 2024 | Listed by The Agency | $1,299,000 | |
| Listed by The Agency | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Parking Available
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: Sarah Rogers, The Agency
Last Updated: 2 years ago
Data Source: CRMLS, MLS# P1-19038
Last Updated: 2 years ago
Data Source: CRMLS, MLS# P1-19038
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