$4,475,000
- Beds
- 17
- sq ft
- 10,362
405 N Marengo Ave, Pasadena, CA 91101
405 N Marengo Ave
Pasadena, CA 91101
- 116 days on market
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 .
Details
Property type
Lot size
0.2851 acres
Price per sq ft
$432
Year built
1960
HOA
No
Price History
08/27/2024
CLAW #24432995
Listed
$4,475,000
Schools & Community
Neighborhood:
West Central
Elementary school:
Unknown
Middle school:
Unknown
High school:
Unknown
Status: Active
Tomo last checked: 12/22/2024 at 10:55 PM
Listing updated: 12/05/2024 at 2:37 PM
Listed by: Jonathan Weir, Marcus & Millichap Phone #: (424) 405-3900
MLS: CLAW #24432995
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