Listed by: Lee Cuellar, eXp Realty of Greater Los Angeles
$2,340,000
●
House -
Off Market
83 Patrician Way
Pasadena, CA 91105
3 Beds
3 Baths,
1
Half Bath
3,044 Ft²
$12,571
Est. Monthly
About This Property
The Keochakian Residence, 1969. Allyn E. Morris, architect.
Private and gated. On a clear day, you can see forever.
You really must come and see this home in person to truly
appreciate it. High atop Patrician Way sits Allyn Morris' triumphant distinctive residence. The current owners have lived
here for over 30 years and have painstakingly taken care of this
one-of-a-kind residence. Sited on over 2 acres and overlooking
Annandale Country Club, 83 Patrician Way affords jetliner views in
most every direction. South-facing floor to ceiling sliding glass
doors and wraparound balcony. Soaring ceilings in living room.
Sunken fireplace. Media room with private balcony. Chef's kitchen
with center island. Dumbwaiter from kitchen to carport. Enormous
primary suite with abundant walk-in closet and storage. Separate
water closet. Salt water pool. 2 zone central heat and air. Parcels
to the north have been terraced and await your very own
casita/office/prefab/outbuildings. Now is your chance to live in a
work of art. Mills Act eligible.
Unit Size
3,044 Ft²
Days on Market
401 days
Land Size
2.35 acres
Price per sqft
$841
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1969
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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 #P1-15823)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 3, 2025 | Sold | ||
| Sold | |||
| Nov 4, 2024 | In contract | - | |
| In contract | |||
| Oct 9, 2024 | Relisted | $2,560,000 | |
| Relisted | |||
| Oct 5, 2024 | No longer available | - | |
| No longer available | |||
| Sep 28, 2024 | Relisted | $2,560,000 | |
| Relisted | |||
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Property Highlights
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Type
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Baths
ft²
Price/ft²
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HOA + Taxes
About Northwest Pasadena
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Listed by: Lee Cuellar, eXp Realty of Greater Los Angeles
Last Updated: 2 years ago
Data Source: CRMLS, MLS# P1-15823
Last Updated: 2 years ago
Data Source: CRMLS, MLS# P1-15823
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