Listed by: Sandra Saeger, Engel & Voelkers La Canada
$931,000
●
Condo -
Off Market
249 Alpine Street #41
Pasadena, CA 91106
2 Beds
3 Baths,
1
Half Bath
1,042 Ft²
$4,840
Est. Monthly
$425
HOA / Fees
3.78%
Cap Rate
About This Property
Welcome home to this very special front unit on a favorite
tree-lined street in popular Madison Heights. The spacious
semi-enclosed patio with surrounding trees and lush landscaping
greets you from the curb. The sunny and light living room
overlooks and opens out to the patio for easy entertaining flow.
The dining area opens to both the living room and kitchen.
The kitchen features classic white cabinets, granite
countertops, and stainless-steel appliances. Convenient 1/2
bath and coat closet are located just off the living room.
Upstairs are two bedroom suites. The primary bedroom
suite has treetop views, two closets, and attached 3/4 bath.
The second bedroom suite has a vaulted ceiling and attached
full bath. Oversized two car garage has direct access to the
home and adjacent laundry area. The community features include a
pool, spa, sauna and BBQ. HOA fees of $425 include grounds
maintenance, water, and trash. GREAT location near Art Center
College of Design south campus, Gold Line, Whole Foods, Shake
Shack, easy freeway access, and Old Town. A VERY special home.
Unit Size
1,042 Ft²
Days on Market
25 days
Land Size
1.42 acres
Price per sqft
$863
Property Type
Condo
Property Taxes
-
HOA Dues
$425
Year Built
-
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Cap Rate Calculator
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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 years ago (CRMLS #P1-18473)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 7, 2024 | Sold | ||
| Sold | |||
| Jul 11, 2024 | Listed by Engel & Voelkers La Canada | $899,000 | |
| Listed by Engel & Voelkers La Canada | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Garage Spaces: 2
Garage Spaces: 2
Has Attached Garage: Yes
Total Garage and Parking Spaces: 2
Interior Details
Bedrooms: 2
Full Bathrooms: 1
Half Bathrooms: 1
Bathrooms on Main Level: 1
Levels: Two
Interior Features: Crown Molding, Granite Counters, Recessed Lighting, All Bedrooms Up
Appliances: Dishwasher, Gas Range, Microwave, Refrigerator
Flooring Type: Wood
Living Area Square Feet Source: PublicRecords
Doors: Sliding Doors
Laundry Features: In Garage
Has Fireplace
Living Room, Primary Bedroom
Exterior Details
Road Frontage Type: CityStreet
Property Condition: Updated Remodeled
Year Built: 1985
Parcel Number: 5720022069
Home Type: Residential
Structure Type: MultiFamily
Architectural Style: Cape Cod
Construction Materials: Hardi Plank Type
Outdoor Living Structures: Brick, Enclosed
Private Pool
Pool Features: Community, In Ground, Association
Lot Information: Lot Over40000 Sqft, Landscaped, Near Park, Near Public Transit
Lot Size Dimensions: 61, 657
Lot Size Source: PublicRecords
Lot Size Acres: 1.4154
Utilities Details
Cooling Type: Central Air, Electric
Heating Type: Forced Air, Natural Gas
Location Details
Association Fee Includes: PestControl, Sewer
Association Amenities: Maintenance Grounds, Barbecue, Pool, Pet Restrictions, Pets Allowed, Sauna, Spa Hot Tub, Trash, Water
Association Fee: $425
Association Fee Frequency: Monthly
Community Features: Curbs, Suburban, Sidewalks, Park, Pool
Directions: Marengo Avenue to Alpine. Turn east on Alpine. 249 Alpine is on the north side of the street, and #41 fronts on the street side..
Other Details
Listing Terms: Cash, CashtoNewLoan
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
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/27/2026
|
1 Bed
|
1 Bath
|
742 ft²
|
$599,000
1 Bed
1 Bath
742 ft²
|
$660,000
+10.18%
04/17/2026
|
Lisa Zastrow
Coldwell Banker Realty
| |
|
11/19/2025
|
2 Bed
|
3 Bath
|
1042 ft²
|
$785,000
2 Bed
3 Bath
1042 ft²
|
$828,000
+5.48%
02/17/2026
|
Suzanne Hazel
Sotheby's International Realty, Inc.
| |
|
07/11/2024
|
2 Bed
|
3 Bath
|
1042 ft²
|
$899,000
2 Bed
3 Bath
1042 ft²
|
$931,000
+3.56%
08/07/2024
|
Sandra Saeger
Engel & Voelkers La Canada
| |
|
08/10/2021
|
1 Bed
|
1 Bath
|
713 ft²
|
$575,000
1 Bed
1 Bath
713 ft²
|
-
-
|
Giusy Mele-Brown
COMPASS
| |
|
06/18/2021
|
3 Bed
|
3 Bath
|
1258 ft²
|
$789,000
3 Bed
3 Bath
1258 ft²
|
-
-
|
Giusy Mele-Brown
COMPASS
| |
|
09/20/2020
|
2 Bed
|
3 Bath
|
1042 ft²
|
$729,000
2 Bed
3 Bath
1042 ft²
|
-
-
|
-
| |
|
02/29/2020
|
2 Bed
|
1 Bath
|
1042 ft²
|
$685,000
2 Bed
1 Bath
1042 ft²
|
$732,000
+6.86%
04/03/2020
|
Lara Arslanian
Compass Califorinia
| |
|
10/04/2019
|
1 Bed
|
1 Bath
|
742 ft²
|
$399,000
1 Bed
1 Bath
742 ft²
|
-
-
|
-
| |
|
08/01/2018
|
2 Bed
|
2 Bath
|
1042 ft²
|
$659,000
2 Bed
2 Bath
1042 ft²
|
$657,000
-0.30%
09/18/2018
|
Suzanne Hazel
Sotheby's International Realty, Inc.
| |
|
08/18/2017
|
3 Bed
|
2 Bath
|
1258 ft²
|
$649,900
3 Bed
2 Bath
1258 ft²
|
$735,000
+13.09%
10/04/2017
|
Devon Beck
Berkshire Hathaway Home Servic
|
Building Info
About Southeast Pasadena
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Listed by: Sandra Saeger, Engel & Voelkers La Canada
Last Updated: 3 years ago
Data Source: CRMLS, MLS# P1-18473
Last Updated: 3 years ago
Data Source: CRMLS, MLS# P1-18473
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