1018 Glen Oaks Blvd
More Than Just a Property
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Nearby Schools
Educational options and performance ratings in the area.
Madison Elementary School
Octavia E. Butler Magnet School
John Muir High School
Property Overview
A stunning investment opportunity in a prime location. This property features modern amenities, spacious living areas, and strong rental potential.
Features & Amenities
Haven AI Verdict
Data provided by Haven AI. Disclaimer
Haven AI
1018 Glen Oaks Blvd presents a challenging profile for conservative investors. Despite its prestigious Pasadena location and large 3,752 square foot footprint, the property suffers from a severely negative monthly cash flow of -$10,241.17. The rental yield of approximately 1.51% is exceptionally low, failing to cover even a fraction of the debt service and operating expenses. While the 4% annual appreciation is consistent with historical Southern California trends, it cannot compensate for the massive annual burn rate of over $120,000. This property serves more as a luxury primary residence or a speculative appreciation play than a sound rental investment, as the holding costs significantly outweigh the income potential.
- • Located in a highly desirable, high-barrier-to-entry Pasadena neighborhood
- • Substantial square footage for a 3-bedroom layout provides high utility value
- • Consistent historical appreciation trends in the local market
- • Severe negative cash flow of over $10,000 per month
- • Rental yield of 1.51% is significantly below the risk-free rate of return
- • Extreme dependency on future capital gains to achieve a positive total return
- • High carrying costs create significant liquidity risk for the investor
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-04-17 | Listed for sale | $2,695,000 | $718 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $782.07 | $19,285 |
| 2024 | $676.09 | $18,908 |
| 2023 | $666.67 | $18,539 |
| 2022 | $650.79 | $18,177 |
| 2021 | $633.35 | $17,822 |
| 2020 | $623.79 | $17,640 |
| 2019 | $623.79 | $17,295 |
| 2018 | $612.02 | $16,957 |
| 2017 | $612.02 | $16,625 |
| 2016 | $591.16 | $16,300 |
| 2015 | $581.91 | $16,057 |
| 2014 | $573.73 | $15,743 |
| 2012 | $0 | $15,367 |
| 2011 | $0 | $15,067 |
| 2010 | $0 | $14,955 |
| 2009 | $0 | $14,991 |
| 2008 | $0 | $14,698 |
| 2007 | $0 | $14,410 |
| 2006 | $0 | $14,128 |
| 2005 | $0 | $14,128 |
| 2004 | $0 | $13,581 |
| 2003 | $0 | $13,333 |
| 2002 | $0 | $13,073 |
| 2000 | $0 | $12,567 |
Investment Numbers & Operating Model
Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.
Multi-factor yield grade
NOI: $19,669/yr
On $619,850 invested
Negative debt coverage
Equity + cumulative cash
Monthly Cash Flow Breakdown
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