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
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