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$7,000,000

Beds
3
Baths
5.0
sq ft
7,141

1100 Paso Alto Dr, Pasadena, CA 91105

1100 Paso Alto Dr

Pasadena, CA 91105

  • 54 days on market
Designed by renowned modern Architect A. Quincy Jones, the "Steel and Glass House", is a brilliance of design for the family who enjoys entertaining and living in an architecturally significant home. Featured in many publications, the house is nestled in a cul de sac at the end of a private road with spectacular Rose Bowl, JPL, golf course, and Pasadena city views from every room. The design is a creation of the melodic connection between indoors and outdoors. The entrance path to the house is paved in polished black granite panels that shimmer like still water. The effect of water carries into the entrance patio with lily pad stepping stones, black pebbles, and river rock. When entering the house, you see the interplay of triangles amid the soaring 35 ft ceiling and walls of glass that flood the space with natural light. The spacious open main level flows seamlessly into a central dining area perfect for hosting vibrant gatherings or intimate dinners. After dinner lounge areas offer unguarded scenic views as backdrops to conversations. The gourmet kitchen boasts high-end appliances and restored cabinetry to inspire culinary creativity. Retreat to the stylish primary suite in the private wing with an en-suite bathroom and balcony with views. Central to many parts of the house are glass walled walkways, gardens of inspiration, and a magical waterfall pouring down from a steel spout more than 8 feet above into a blue tiled indoor flowing koi pond. Located just minutes from Pasadena's vibrant dining, shopping, and cultural attractions, this exceptional property captures the essence of significant California living. Don't miss the rare opportunity to own a piece of architectural history after a painstaking restoration and fill the house with your personal collections. Schedule a private curated tour today.

Details

Property type

Single Family Residence

Est. home value

$3,390,115

Lot size

1.2711 acres

Price per sq ft

$981

Year built

1976

HOA

No

Price History

10/28/2024
CLAW

CLAW #24457899

Listed
$7,000,000
+76.1%
08/29/2023
CRMLS

CRMLS #P1-12641

Sold
$3,975,000

Schools & Community

Neighborhood: 

North Arroyo

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$3,483,775
Asking price
$7,000,000
Closing costs (~8% of asking)
-$560,000
Est. remaining loan balance
-$2,956,225
Cash to seller
$3,483,775

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Citibank Na

Loan start date

August 2023

Original loan amount

$3,000,000

Est. remaining balance

$2,956,225

Interest rate

6.67%

Loan type

New Conventional, 30 year

Seller

Susan Inaba and Kenji Inaba

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 12/22/2024 at 9:25 PM

Listing updated: 12/05/2024 at 5:35 PM

Listed by: Aram Gaboudian, Keller Williams Downtown LA Phone #: (213) 797-7000

MLS: CLAW #24457899

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