$1,118,000
●
House -
Off Market
280 Avenue 64
Pasadena, CA 91105
3 Beds
0 Bath
2,039 Ft²
$1,739,354
RealtyHop Estimate
58.27%
Since Jul 1, 2017
CA-Los Angeles
Primary Model
About This Property
Sited on a large flat lot that was originally part of the San
Rafael Ranch Company, this home features 2 bedrooms that were built
in the early 1900's. The house was later enlarged in the 1950's and
now features a one-story ranch style home with open concept floor
plan with living room, dining room and kitchen opening to the
backyard, great for year round entertaining. Currently the home has
3 bedrooms with 2 updated bathrooms. The master bedroom hosts an
attached sitting room and ensuite bathroom with oversized closet.
Laundry room and storage are in the house as well. The backyard has
a pool, covered patio and well. The garage has been converted
without permits into a living space with kitchen, bathroom, and
bonus room being used as a bedroom.
Unit Size
2,039 Ft²
Days on Market
65 days
Land Size
0.46 acres
Price per sqft
$539
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1914
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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: 4 months ago (CRMLS #P0-317002918)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 9, 2017 | Sold | ||
| Sold | |||
| Apr 5, 2017 | Listed by COMPASS | $1,099,000 | |
| Listed by COMPASS | |||
Property Highlights
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
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Type
Beds
Baths
ft²
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HOA + Taxes
About West Pasadena
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Listed by: Jeffrey Salcido, COMPASS
Last Updated: 4 months ago
Data Source: CRMLS, MLS# P0-317002918
Last Updated: 4 months ago
Data Source: CRMLS, MLS# P0-317002918
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