tomo logo

$2,995,000

Beds
Unknown
sq ft
4,809

850 N Marengo Ave, Pasadena, CA 91103

850 N Marengo Ave

Pasadena, CA 91103

  • 123 days on market
The property is located at at 850 N Marengo Avenue, Pasadena. Built in 1958, the property comprises of three 1-bedroom/1-bathroom units, two 2-bedroom/1-bathroom units and two Studio units totaling in approximately 4,809 rentable square feet on a parcel of ±9,307 square feet of land zoned PSR1. Additionally, all units have been renovated extensively and the soft-story retrofit was recently completed. The property offers eight parking spaces are available and an on-site laundry facility. The appealing mix of 2-bedroom and 1-bedroom units and desirable location in Pasadena makes this building an enticing opportunity for investors aiming to expand their portfolio. Positioned in a good location in Pasadena on N Marengo Avenue, between N Fair Oaks Avenue and N Los Robles Avenue. This site buildings provide easy access to the 210 and 134 freeways. Convenient access to Downtown Pasadena which offers many attractions such as charming restaurants, bars, and plenty of shopping options. The sites are also nearby to the nation-renowned Rose Bowl stadium, which is host to sought after sporting events. As well as a short trip away from Brookside Golf Course contributing to the ascending demand for rentals in this neighborhood.

Details

Property type

Apartment

Lot size

9,307 sq ft

Price per sq ft

$623

Year built

1958

Price History

07/23/2024
CRMLS

CRMLS #SR24151271

Listed
$2,995,000
+66.39%
11/09/2022
CRMLS

CRMLS #PW22190123

Sold
$1,800,000

Schools & Community

Neighborhood: 

North Central

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Sidewalks

Status: Active

Tomo last checked: 11/22/2024 at 4:25 PM

Listing updated: 09/30/2024 at 12:09 PM

Listed by: Reza Ghobadi, Reza Ghobadi Phone #: (818) 325-4142

MLS: CRMLS #SR24151271

CRMLS logo

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