$4,475,000
Active
22 Days Online
17 Beds16 Baths10,362 SQFT
Active

405 N Marengo Avenue Pasadena, CA 91101

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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 .

  • Property TypeMulti-Family
  • NeighborhoodN/A
  • CountyLos Angeles
  • Taxes$0
  • HOA/Condo/Coop Fees$0
  • Days on Site22 Days
  • MLS StatusActive
  • MLS ID Number24432995
  • Home Size Source Other
  • Year Built1960
  • Lot Size0.2851 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Parking Uncovered
  • Parking Spaces 14
  • Number of Stories 22
  • Acreage 0.2851
  • Zoning PSR1
  • Listing Conditions Standard

Interior Features

  • Heating Wall Furnace
  • Appliances Disposal
  • Laundry Features Washer IncludedDryer Included

Community Features

  • Senior Community No
  • MLS Area 645 - Pasadena (NW)

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Monthly Payment (Est.)

$21,671
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