41 S Berkeley Avenue
About This Property
This beautifully renovated duplex is nestled in a prime location in Pasadena, offering both comfort and investment potential. The property includes:
Located in a vibrant neighborhood, this property is just a 10-minute walk from Pasadena City College (PCC), one of California's top community colleges, and only a 10-minute drive to Old Town Pasadena, known for its shops, dining, and cultural attractions.
With its strong rental income potential and ideal location, this property is perfect for both owner-occupants and investors alike.
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Cap Rate Calculator
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 29, 2025 | Sold | ||
| Sold | |||
| Oct 1, 2025 | In contract | - | |
| In contract | |||
| Sep 19, 2025 | Relisted | $1,000,000 | |
| Relisted | |||
| Sep 19, 2025 | Price Decreased |
$1,000,000
↓ $200K
(16.7%) | |
| Price Decreased | |||
| Aug 14, 2025 | Price Decreased |
$1,200,000
↓ $380K
(24.1%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017