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1585 Orlando Road, Pasadena...

Ezra & Marisa Callahan Acquire Pasadena SFR For $13.3M
SOLDSingle Family Residence

Ezra & Marisa Callahan Acquire Pasadena SFR For $13.3M

1585 Orlando Road, Pasadena, CA 91106, USA

$13,300,000

$1,121/SF

Building Size

11,855 SF

Asset Type

Single Family Residence

Closing

Sep 27, 2021

AI

Ezra Callahan has sold a single-family residential property located at 1585 Orlando Road in Pasadena. The property, sitting on 1.72 acres, was recently purchased by Ezra & Marisa Callahan from the Estate of J. Terrence Lanni. The sale was facilitated by Maureen Hollingsworth of Sotheby’s International Realty and Carol Chua of Coldwell Banker Realty. The transaction took place on 09/27/2021.

Summary of transaction details:

  • Property Type: Single-Family Residential
  • Transaction Amount: $13,300,000
  • Address: 1585 Orlando Road, Pasadena
  • Market: Pasadena
  • Asset Type: SFR
  • Acres: 1.72

The property has a total area of 11,855 square feet, giving it a price per square foot of $1,121. This sizable transaction exemplifies the value and desirability of real estate in Pasadena.

Players

Maureen Hollingsworth

Sotheby's International Realty

Broker

$33.8M

vol

2 deals

Broker

Pasadena Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.19%

Cash-on-Cash

-0.34%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93