$1,043,200
●
House -
Off Market
1915 Mill Road
South Pasadena, CA 91030
3 Beds
1 Bath
1,058 Ft²
$1,420,834
RealtyHop Estimate
60.00%
Since Jun 1, 2017
CA-Los Angeles
Primary Model
About This Property
Sitting behind its quintessential white picket fence, this adorable
1925 cottage retains much of its original character and charm. The
bright, airy home features a spacious living room with fireplace, 3
bedrooms, 1 bath and central air conditioning. The charming brick
covered patio is perfect for entertaining guests under the covered
patio Al fresco. Thoughtful upgrades performed by the previous
owner include hardwood floors, crown moldings throughout, a custom
kitchen featuring stainless appliances, Viking Stove, and black
granite countertops. Other updates include electrical wiring and
recessed lighting throughout, copper plumbing from street, gas
lines, heat and air conditioning, tank-less water heater and
automatic sprinklers. This character home on a lovely cul-de-sac,
is in the South Pasadena School District, just blocks from Marengo
Elementary School, Garfield Park, Bristol Farms, restaurants,
coffee houses, and close proximity to Downtown Los Angeles.
Unit Size
1,058 Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$839
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1925
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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 #P0-317002544)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 17, 2017 | Sold | ||
| Sold | |||
| Mar 30, 2017 | Listed by Sotheby's International Realty, Inc. | $888,000 | |
| Listed by Sotheby's International Realty, Inc. | |||
Property Highlights
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
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Baths
ft²
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Sold On
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HOA + Taxes
About South Pasadena
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Listed by: Sandra Siraganian, Sotheby's International Realty, Inc.
Last Updated: 2 years ago
Data Source: CRMLS, MLS# P0-317002544
Last Updated: 2 years ago
Data Source: CRMLS, MLS# P0-317002544
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