355 Malcolm Drive
About This Property
Designed with a split-level layout to maximize the sweeping foothill vistas, the home offers an updated kitchen appointed with custom cabinetry, granite countertops, and stainless steel appliances. The spacious primary suite serves as a private retreat, highlighted by dual closets, French doors, and a picturesque window framing the surrounding hills. The en-suite bathroom is beautifully appointed with a dual-sink granite vanity, a separate shower, and an oversized jetted soaking tub.
On the lower level, two well-sized bedrooms share a full bath, accompanied by a comfortable family room with French doors that open directly to the rear patio-ideal for indoor-outdoor living. At the top of the property, a private terrace provides an exceptional setting for entertaining or simply enjoying the tranquil, scenic surroundings.
Ideally situated in one of Pasadena's most sought-after neighborhoods, this home offers the perfect balance of charm and convenience. Just minutes from Old Town Pasadena, Caltech, the Rose Bowl, and top-rated schools, residents enjoy easy access to premier shopping, dining, and cultural attractions, all while benefiting from a peaceful, tree-lined setting. Convenient freeway access also allows for an effortless commute to Downtown Los Angeles and beyond.
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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%.
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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.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 18, 2026 | Sold | ||
| Sold | |||
| May 21, 2026 | In contract | - | |
| In contract | |||
| Mar 23, 2026 | Listed by RE/MAX Galaxy | $1,599,000 | |
| Listed by RE/MAX Galaxy | |||
| Sep 2, 2025 | Listed | $1,860,000 | |
| Listed | |||
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Located in the desirable San Rafael Hills, this charming Cape Cod–style home offers breathtaking panoramic views and thoughtful updates throughout. The formal entry opens to an elegant living room with a fireplace, French doors, and a separate dining area featuring built-in cabinetry, hardwood floors, and recessed lighting.
With a split-level design that highlights the sweeping foothill views, the home features an updated kitchen with custom cabinetry, granite countertops, and stainless steel appliances. The spacious primary suite includes dual closets, French doors, and a picture window framing the hills. The en-suite bath offers a double vanity with granite countertops, a separate shower, and an oversized jetted soaking tub.
Two additional bedrooms on the lower level share a full bath, while a comfortable family room with French doors leads directly to the rear patio. At the top of the property, a private terrace provides the perfect setting for outdoor entertaining and enjoying the surrounding views.
Ideally located in a sought-after Pasadena neighborhood, the home offers the perfect balance of convenience and charm. Just minutes from Old Town Pasadena, Caltech, the Rose Bowl, and top-rated schools, residents enjoy easy access to shopping, dining, and cultural attractions while still benefiting from the quiet, tree-lined streets and welcoming community feel. Quick freeway connections also make commuting to Downtown Los Angeles and surrounding areas effortless.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017