10
  • Property Type
  • Residential Income
  • 17
  • Bedrooms
  • 16
  • Bathrooms
  • 10362.00 m²
  • Area Size
  • 1960
  • Year Built
405 N Marengo Avenue, Pasadena, CA 91101
  • $4,475,000
  • $432

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 .

  • Address: 405 N Marengo Avenue
  • City: Pasadena
  • State/county: CA
  • Zip/Postal Code: 91101
  • Area: 645 - Pasadena (NW)
  • Country: United States

Details

Updated on September 12, 2024 at 11:27 am
  • Property ID SGR-33840607
  • Price $4,475,000
  • Property Size 10362.00 m²
  • Land Area 12420.00 m²
  • Bedrooms 17
  • Bathrooms 16
  • Year Built 1960
  • Property Type Residential Income
  • Property Status For Sale
  • Living Area 10362.00
  • MLS# 24432995
  • Office Name MARCUS & MILLICHAP
  • Agent Name Jonathan Weir
  • MLS Status Active
  • Living Area Prefix Sqft
  • Agent State License 02038545

Additional details

  • Heating Wall Furnace
  • County Los Angeles
  • Parking 14.00

Mortgage Calculator

What's Nearby?

Please supply your API key Click Here

Contact Information

View Listings
Sankofa Global Realty
  • Sankofa Global Realty

Enquire About This Property

Similar Listings

0 Review

Sort by:
Leave a Review

Leave a Review

Compare listings

Compare