405 N Marengo Avenue, Pasadena, CA 91101

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

Overview

Property ID: SGR-33840607
  • Residential Income
  • Property Type
  • 17
  • Bedrooms
  • 16
  • Bathrooms
  • 10362.00
  • 1960
  • Year Built

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

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