$870,000
●
House -
Off Market
381 Avocado Lane
Pasadena, CA 91107
3 Beds
0 Bath
1,002 Ft²
$762,743
RealtyHop Estimate
1.70%
Since Jul 1, 2022
CA-Los Angeles
Primary Model
About This Property
THIS is the place you're going to want to call home!! Charming
Neighborhood! Turn key! Huge backyard! Prime location! This move in
ready 3 bedroom, 1 bath, +/-1,000 sq ft home sits on an expansive
4500 sq ft lot in a prime North East Pasadena/Hastings Ranch
adjacent neighborhood. Step in through the front door and you'll
find a spacious living room with large newer windows that fill the
room with natural light. The Kitchen and Bathroom have been
tastefully updated & there are recessed lights in the main areas of
the home. Several mini split air conditioners have been installed
to keep the home cool & your utility bill low! A spacious backyard
will have you calling your friends over for BBQs all summer long!
You're going to LOVE the location as it's close to shopping,
restaurants, entertainment, and even walking distance to the local
dog park. Whether you're downsizing, looking for a starter home, or
searching for a property with potential to expand and develop -
this is just the opportunity for you. Run, don't walk, and make
this place YOUR home today!
Unit Size
1,002 Ft²
Days on Market
43 days
Land Size
0.10 acres
Price per sqft
$749
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1952
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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: 12 months ago (CRMLS #P1-9460)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 23, 2022 | Sold | ||
| Sold | |||
| May 10, 2022 | Listed by Keller Williams Real Estate Services | $750,000 | |
| Listed by Keller Williams Real Estate Services | |||
| Oct 28, 2019 | No longer available | - | |
| No longer available | |||
| Sep 24, 2019 | Listed by Keller Williams - Glendora | $599,000 | |
| Listed by Keller Williams - Glendora | |||
| | |||
|
Welcome to this wonderful 3 bedroom, 1 bathroom home nestled in a beautiful tree-line streets located in Northeast Pasadena! It'sprime location allows for easy access to shops, restaurants, grocery stores, transportation (Metro Gold Line) and the 210 freeway. This is an ideal location for families with school aged children who wish to enroll in the Mandarin immersion language program (Enrollment to be verified by prospective buyers). The home features a mini split HVAC system, brand new smart sprinkler irrigation system, dual pane windows, and security cameras with monitoring system. The bathroom has recently been remodeled and electrical panel is updated. Enjoy the natural light through out the home with a nice size backyard with a variety of fruit trees (including an avocado tree). Come see it today ! The manager has listed the unit size as 1002 square feet.
| |||
| Sep 20, 2019 | No longer available | - | |
| No longer available | |||
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Property Highlights
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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ft²
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HOA + Taxes
About Far East Pasadena
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Listed by: Justin Jenewein, Keller Williams Real Estate Services
Last Updated: 12 months ago
Data Source: CRMLS, MLS# P1-9460
Last Updated: 12 months ago
Data Source: CRMLS, MLS# P1-9460
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