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$1,680,000
●
House -
Off Market
683 S LOS ROBLES Avenue
Pasadena, CA 91106
4 Beds
2 Baths
2,890 Ft²
$2,616,452
RealtyHop Estimate
49.60%
Since Mar 1, 2019
CA-Los Angeles
Primary Model
About This Property
Live in a piece of history with this Prairie House compound built
in 1914 and declared a city landmark in 2004 with a Mills Act
contract greatly reducing its property taxes. From the stately
foyer, you are greeted by architectural details found in only the
best-preserved historic homes. The living room boasts a Batchelder
fireplace, French doors and windows, and original lighting fixtures
also found throughout the home. Upstairs are 3 bedrooms, including
a wonderful private terrace. Not ignoring the need for modern
conveniences, the home has been improved with an updated kitchen
with 6-burner Viking stove; beautifully restored bathrooms; and
significant updates to the plumbing, electrical, roof, and
foundation systems. The sprawling quarter-acre grounds also include
a 1BR guest house (so nice your guests will never want to leave), a
detached office, garage and additional rear alley access.
This is the historic home you have been waiting for.
Unit Size
2,890 Ft²
Days on Market
144 days
Land Size
0.28 acres
Price per sqft
$605
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1914
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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: 5 months ago (CLAW #18391146)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 22, 2019 | Sold | ||
| Sold | |||
| Oct 1, 2018 | Listed by Keller Williams Realty Los Fel | $1,749,000 | |
| Listed by Keller Williams Realty Los Fel | |||
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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About Southeast Pasadena
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Listed by: Li-Mei Norton, Keller Williams Realty Los Fel
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 18391146
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 18391146
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