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405 N Marengo Avenue, Pasadena, CA, 91101

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$4,475,000
105 Days On Site

405 N Marengo Avenue
Pasadena, CA 91101

For Sale|Residential Income|Active
17
Beds
16
Full Baths
0
Partial Baths
10,362
SqFt
$432
/SqFt
1960
Built
County:
Los Angeles

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405 N Marengo Avenue405 N Marengo Avenue405 N Marengo Avenue405 N Marengo Avenue
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Monthly Payment (Est.)

$20,417
Calculator powered by Showcase IDX. Copyright ©2024 Information is deemed reliable but not guaranteed.

We are pleased to present our newest offering in the beautiful city of Pasadena. This appealing 14-unit property is nestled in the 91101 Zip Code, surrounded mostly by residential homes in a quaint pocket of the city. Being only a few blocks away from Pasadena city hall and downtown Pasadena, this property boasts easy access to the freeway, and the city's newest and prevalent attractions alike. Offered at an extremely attractive 5% cap rate, 405 N Marengo Street is an invaluable investment for first time buyers or veteran investors alike. With an average square footage of approximately 750 SQ/FT per unit, each unit possesses ample living spaces for modern design and comfortable living. Don't miss the opportunity to acquire a pride of ownership asset in the highly coveted city of Pasadena, with substantial day one income and potential for massive future growth .

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Listing Snapshot
Price 
$4,475,000
Days On Site 
105 Days
Bedrooms 
17
Inside Area (SqFt) 
10,362 sqft
Total Baths 
16
Full Baths 
16
Partial Baths 
N/A
Lot Size 
0.2851 Acres
Year Built 
1960
MLS® Number 
24432995
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Other
Friends & Family
Recent Activity
6 days agoListing updated with changes from the MLS®
3 months agoListing first seen on site
General Features
Acres 
0.2851
Number Of Stories 
2
Parking Spaces 
14
Special Circumstances 
Standard
SqFt Total 
10362
Stories 
Two
Zoning 
PSR1
Interior Features
Appliances 
DisposalDryerWasher
Heating 
Wall Furnace
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Community Features
MLS Area 
645 - Pasadena (NW)
Listing courtesy of Jonathan Weir of Marcus & Millichap
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Based on information from the The MLS as of 2024-12-12 06:32 AM UTC. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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