850 North Marengo Avenue
$2,995,000
3
4,809
4,809
$623
Description
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...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.
- Listed by Reza Ghobadi • DRE #01780045 • Brokerage DRE #01780045 • Reza Ghobadi • 818-793-2923
Property Details for 850 North Marengo Avenue
Parking Spaces Total
8
Private PoolNo
Total Units7.0
Building TypeAttached
Lot Size SourceAssessor
Living Area4809
Assessor Parcel Number5725-021-006
Property Attached YNtrue
LISTING UPDATED: 07/23/2024 07:40 AM
Property Details for 850 North Marengo Avenue
Status | Active |
---|---|
MLS # | SR24151271 |
Days on Market | 120 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1958 |
County | Los Angeles County |
Building Information for 850 North Marengo Avenue
Building/Complex850 N Marengo AveFloor-Stories2Residences-Pet Policy-Year Built1958Building Size-
Property Information for 850 North Marengo Avenue
Property History for 850 North Marengo Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 850 North Marengo Avenue
Taxable ValueLand$1,377,000Additions$459,270Total$1,836,270
Tax Record2024$21,741 ($1,812 / month)
Home Facts
Total Finished SqFt4,809 SqFtAbove Grade Finished SqFt4,809 SqFtLot Size9,307 SqFtStyleMulti-Family Res (5+ Units)Year Built1958ZoningPSR1CountyLOS ANGELESAPN5725-021-006
Schools near 850 North Marengo Avenue
This home is within Pasadena Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Charter - | K to 8 |
Rating | School | Distance |
---|---|---|
Madison Elementary School PublicK to 5 | ||
Octavia E. Butler Magnet School Public6 to 8 | ||
John Muir High School Public9 to 12 | ||
Odyssey Charter School - South CharterK to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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