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$9,000,000
●
House -
Off Market
380 W Green Street
Pasadena, CA 91105
6 Beds
5 Baths,
2
Half Baths
17,329 Ft²
$56,475
Est. Monthly
$1,579
HOA / Fees
About This Property
The historic Merritt Mansion was built for Hulett C. Merritt, one
of the nation's most celebrated millionaires, in 1905 as a winter
home for his family. In 1956, the late Mr. Merritt's estate sold
the house and over six acres of its grounds to Herbert Armstrong,
and the property became part of Ambassador College, an academic
institution run by the Worldwide Church of God. Merritt Mansion LLC
has been the owner since April 2015, and sold the property to the
current owner in December 2018.This spectacular property features
original exterior detailing, and 3 stories including original
mahogany wood paneling on the first and second floors, and a fully
built-out basement with multiple rooms and an indoor swimming pool.
The property also offers access to the shared amenities of the
Ambassador Gardens community, including the swimming pool and the
2.1 acre Great Lawn.The current owner has painstakingly restored
and renovated the property for the past 7 years. It is truly
magnificent. Do not miss your once-in-a-lifetime opportunity
to own this iconic estate!
Unit Size
17,329 Ft²
Days on Market
161 days
Land Size
1.81 acres
Price per sqft
$645
Property Type
House
Property Taxes
-
HOA Dues
$1,579
Year Built
1905
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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 months ago (CRMLS #P1-26027)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 12, 2026 | Sold | ||
| Sold | |||
| Jul 1, 2026 | In contract | - | |
| In contract | |||
| Feb 26, 2026 | Listed by BHHS California Properties | $11,180,000 | |
| Listed by BHHS California Properties | |||
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
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About West Pasadena
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Listed by: Janice Lee, BHHS California Properties
Last Updated: 3 months ago
Data Source: CRMLS, MLS# P1-26027
Last Updated: 3 months ago
Data Source: CRMLS, MLS# P1-26027
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