$1,200,000
●
House -
Off Market
55 W ALTADENA Drive
Altadena, CA 91001
4 Beds
2 Baths,
1
Half Bath
2,603 Ft²
$1,787,233
RealtyHop Estimate
48.94%
Since Jul 1, 2018
CA-Los Angeles
Primary Model
About This Property
Gorgeous light and airy newly renovated ranch provides beautiful
entertainment and living spaces indoors and out. The home's
single-story layout is cleverly designed to create separate living
and entertainment spaces. The homes features 4 bedrooms, 2.5
bathrooms, 3 fireplaces, chef's kitchen, dining room, family room,
living room, master with private patio, laundry room, and expansive
lawn and gardens. The gourmet kitchen opens to the family room and
is the "heart of the home' with an adjoining dining room, granite
counter tops, a large center island, and butler's pantry. Two
of the bedrooms open into the backyard patio through French doors.
Interior amenities include hardwood flooring, recessed lighting,
crown molding, central air and more. The long driveway leads to a
detached two-car garage and shady backyard with fruit trees. The
uniquely landscaped gardens provide fresh, fragrant flowers, fruit
year-round. The growing privet hedges provide privacy. Must see!
Unit Size
2,603 Ft²
Days on Market
47 days
Land Size
0.34 acres
Price per sqft
$461
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1910
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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: 4 months ago (CLAW #18342360)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 8, 2024 | Sold | ||
| Sold | |||
| Oct 24, 2024 | In contract | - | |
| In contract | |||
| Oct 11, 2024 | Listed by PLG Estates | $1,950,000 | |
| Listed by PLG Estates | |||
| | |||
|
This rare and beautifully renovated Craftsman in north Altadena offers classic charm with modern upgrades. Featuring 4 bedrooms and 3 bathrooms, this single-level home spans over 2,600 sq. ft. on an almost 15,000 sq. ft. lot. Enjoy the privacy of a large front porch and enclosed lawn with tall hedges. The remodeled gourmet kitchen includes Quartz countertops, an L-shaped island, dual refrigerators, and a walk-in pantry. The spacious living, family room, and master suite each have their own fireplace. The master suite also features a walk-in closet, an updated bath with a double shower, and private patio access. Additional features include plantation shutters, recessed lighting, and three sets of French doors. The backyard boasts a sun-sail-covered patio, park-like yard, dog run, and fruit trees. A gated driveway with decorative pavers offers parking for 6-10 cars, with possible RV parking. Located near hiking trails, JPL, Pasadena Old Town, and more, with ADU potential!
| |||
| Jun 25, 2018 | Sold | ||
| Sold | |||
| May 9, 2018 | Listed by Power Brokers International | $1,200,000 | |
| Listed by Power Brokers International | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Type
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ft²
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About Altadena
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Listed by: Robin Zacha, Power Brokers International
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 18342360
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 18342360
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