Listed by: Mark MacFarlane, Vimvi California
$870,000
●
House -
Off Market
47 Eloise Avenue
Pasadena, CA 91107
2 Beds
1 Bath
1,212 Ft²
$3,659
Est. Monthly
About This Property
Located in the charming Lamanda Park neighborhood of Pasadena, this
2-bedroom, 1-bathroom house offers a unique blend of potential and
prime location. Just north of Colorado Blvd, this cozy home is
within walking distance of the iconic Rose Parade, making it a
perfect spot for those who enjoy community events and festive
celebrations. The property requires some TLC, providing an
excellent opportunity for customization and upgrades to suit your
style. Situated on a quiet street, the house offers a peaceful
retreat while still being close to the vibrant amenities of
Pasadena, including shops, restaurants, and parks. Additionally,
neighboring properties at 55 and 63 Eloise are also for sale by the
same seller, presenting a rare opportunity for buyers interested in
acquiring multiple parcels in this desirable area. This home is an
ideal choice for anyone looking to invest in a property with
character and convenience in a sought-after area.
Unit Size
1,212 Ft²
Days on Market
153 days
Land Size
0.22 acres
Price per sqft
$615
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1915
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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: 2 years ago (CRMLS #P1-18692)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 30, 2024 | Sold | ||
| Sold | |||
| Oct 7, 2024 | In contract | - | |
| In contract | |||
| Aug 19, 2024 | In contract | - | |
| In contract | |||
| Jul 26, 2024 | Listed by Vimvi California | $745,000 | |
| Listed by Vimvi California | |||
Property Highlights
Garage
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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About Southeast Pasadena
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Listed by: Mark MacFarlane, Vimvi California
Last Updated: 2 years ago
Data Source: CRMLS, MLS# P1-18692
Last Updated: 2 years ago
Data Source: CRMLS, MLS# P1-18692
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