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$3,400,000
132 Days Online

1420 N Marengo Avenue
Pasadena, CA 91103

For Sale|Multi-Family|Active
County:
Los Angeles
Listed by Christopher Thurgood-Seward of KELLER WILLIAMS EMPIRE ESTATES

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1420 N Marengo Avenue1420 N Marengo Avenue1420 N Marengo Avenue1420 N Marengo Avenue
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Monthly Payment (Est.)

$15,512
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We are pleased to present the opportunity to acquire a 12 unit multifamily investment opportunity at 1420 N. Marengo Avenue, in the vibrant city of Pasadena. Built in 1985 and very well maintained by the current ownership, this 5,928 square foot building consists of twelve single bedroom and bathroom units. The property offers ample parking for residents. Situated only 11 miles northeast of Downtown Los Angeles, and countless options of boutiques, dining, galleries, and entertainment in the nearby famous neighborhood of Old Town Pasadena. This property provides residents with excellent public transportation and quick access into Downtown Los Angeles and major places of business and pleasure within the region. This is an excellent value add opportunity. Buyer to be prequalified with ALB Commercial Capital. This property can be purchased alone or as a portfolio of 3. The additional multifamily properties are a 12 unit building in Eagle Rock and a 7 unit building in Pasadena. Further details can be provided upon request.

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Listing Snapshot
Price 
$3,400,000
Days Online 
132 Days
Bedrooms 
N/A
Inside Area (SqFt) 
5,928 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.3444 Acres
Year Built 
1985
MLS Number 
CV22157258
Status 
Active
Property Tax 
$22,065
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Other
Friends & Family
Recent Activity
2 months agoListing updated with changes from the MLS
3 months agoPrice changed to $3,400,000
4 months agoListing first seen online
General Features
Construction 
DrywallFrameStuccoWood Siding
Parking Spaces 
12
Electric 
Electricity On Property
Number of Stories 
2
Acreage 
0.3444
Water 
Public
Security 
Security Gate
Property Sub Type 
Multi Family
Utilities 
Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected
Zoning 
PSR1
Listing Conditions 
Standard
Interior Features
Cooling 
Wall Window Units
Heating 
Wall Furnace
Laundry Features 
Common Area
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Exterior Features
Roof 
Composition
Lot 
Rectangular Lot
Community Features
MLS Area 
645 - Pasadena (NW)
Security Features 
Security Gate
Crmls Logo Real Estate For Sale

This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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