405 N Marengo Avenue

Pasadena, CA 91101

  • 17 Bed(s)
  • 0 Bath(s)
  • 10,362 Sqft
  • 12420
    Sqft(Lot)
$4,475,000

Description

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 .

  • Property Type

    Residential Income

  • County

    Los Angeles

  • Style

    Residential Income

  • AD ID

    46769045

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Property Details

  • Bedroom Information

    • Total Bedrooms : 17

    Bathroom Information

    • Total Baths: 16
    • Full Baths: 0
    • Half Baths: 0

    Interior Features

    • Property Appliances: Disposal,Dryer,Washer

    Heating Source

    • Wall Furnace
    • Has Heating

  • Building Information

    • Year Built: 1960
    • Building Area Total: 10,362

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.2851
    • Lot Size Dimensions: 205x60
    • Lot Size Source: Vendor Enhanced
    • Lot Size Square Feet: 12420

  • Listing Price Information

    • Original List Price: 4,475,000
    • Listing Contract Date: 2024-08-27

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 5725023039

  • Garage and Parking

    • Garage Description: Uncovered

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: 645 - Pasadena (NW)
    • Postal Code Plus 4: 1325
    • Directions: N Marengo Ave and Maple St
    • Zoning: PSR1
    • Source Property Type: Residential Income
    • Area: 645 - Pasadena (NW)

    Building and Construction

    • Property Age: 64
    • Year Built Source: Vendor Enhanced
    • Total Square Feet Living: 10362
    • Levels or Stories: Two
    • Building Total Stories: 2
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BuyOwner last updated this listing 10/05/2024 @ 16:08

  • MLS: 24432995
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 17 bedrooms which is for sale, it has 10,362 sqft, 12,420 sized lot, and 0 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Pasadena , in zip code 91101, this Los Angeles County Home are nearby neighborhoods.