$657,000
●
Townhouse -
Off Market
249 Alpine Street #59
Pasadena, CA 91106
2 Beds
2 Baths,
1
Half Bath
1,042 Ft²
$982,392
RealtyHop Estimate
49.07%
Since Oct 1, 2018
CA-Los Angeles
Primary Model
About This Property
Beautiful townhouse located in the highly sought after Madison
Heights neighborhood. Blocks away from Old Town Pasadena, South
Lake Avenue and the Playhouse District. Remodeled kitchen and
master bathroom. Additional amenities include a fireplace, attached
two car garage and lovely patio perfect for entertaining guests.
There is a common bbq area, community pool and spa. Easy access to
Whole Foods, Starbucks, and the FIllmore Gold Line Station.
Unit Size
1,042 Ft²
Days on Market
-
Land Size
1.42 acres
Price per sqft
$632
Property Type
Townhouse
Property Taxes
-
HOA Dues
-
Year Built
-
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Cap Rate Calculator
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Monthly Rental Income
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Operating Profit Per Year
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 #P0-818003797)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Sep 29, 2020 | In contract | - | |
| In contract | |||
| Sep 20, 2020 | Listed | $729,000 | |
| Listed | |||
| | |||
|
This beautifully renovated townhome in the trendy Pasadena neighborhood of Madison Heights is located in proximity to Old Pasadena, South Lake, with commutes to DTLA by way of the Filmore Metro Gold Line and 110 FWY. Situated within the Windemere development, built in 1985, this residential community just completed (2019) a multi-million exterior renovation, installing new cement Hardie board siding, new insulation, and paint. Before this most recent update, a new roof in 2017. The cleverly laid out floor plan invites you to an open living/dining room with a cozy fireplace completed with direct access to your private garden patio perfect for an outdoor morning cup of coffee. The kitchen, with granite counters and bar top opening to the dining room, is excellent for hosting. The two bedrooms, each with ensuite bathrooms and high ceilings, have plenty of closet space for the modern lifestyle. As an end unit, there is direct access to a private two-car-garage. The manager has listed the unit size as 1042 square feet.
| |||
| Sep 18, 2018 | Sold | ||
| Sold | |||
| Aug 1, 2018 | Listed by Sotheby's International Realty, Inc. | $659,000 | |
| Listed by Sotheby's International Realty, Inc. | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Garage Spaces: 2
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Cathedral Ceiling(s)
Appliances: Dishwasher, Disposal, Refrigerator, GasCooking
Flooring Type: Carpet, Laminate, Tile
Laundry Features: In Garage
Has Fireplace
Fireplace Features: Gas, Living Room
Exterior Details
Has Property Attached
Square Footage: 1042
Square Footage Source: $0
Architectural Style: Craftsman
Year Built Source: Assessor
Year Built: 1985
Levels: Two
Pool Features: Association, In Ground
Pool is Private
Lot Size Area: 61657
Lot Size Units: Square Feet
Lot Size Acres: 1.4154
Lot Size Square Feet: 61657
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air
Location Details
HOA/Condo/Coop Fee Includes: Earthquake Insurance
HOA/Condo/Coop Amenities: Insurance, Sauna, Water, OutdoorCookingArea, PetRestrictions
HOA Fee Frequency: Monthly
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: Suzanne Hazel, Sotheby's International Realty, Inc.
Last Updated: 2 years ago
Data Source: CRMLS, MLS# P0-818003797
Last Updated: 2 years ago
Data Source: CRMLS, MLS# P0-818003797
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