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Listed by: Angelica Gotzev (818) 636-6342 DRE #02053007, Janet Neman DRE #01069127 | Kidder Mathews of California, Inc. (310) 312-1800
$1,490,000
8 Beds
- 6 Baths
3,834sqft
925 N Marengo Ave, Pasadena, CA 91103
$1,490,000
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Multi Family
Built in 1947
$-- HOA
15,124 sqft lot
$389/sq.ft
Description
he offering consists of two parcels: APN 5729-016-011, improved with a duplex, and APN 5729-016-009, improved with a quadruplex. Built in 1947, the property totals approximately 3,834 rentable square feet on a large 15,124-square-foot PSR1-zoned corner lot. The unit mix includes four one-bedroom/one-bath units and two two-bedroom/one-bath units. Each unit features in-unit laundry and wall-unit air conditioning. The property also offers driveway access and six garage parking spaces.Current rents are below market, providing a new owner with the opportunity to renovate units, improve operations, and increase rental income as units turn. The oversized lot may also offer poten...
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Property Details
Status
Active
Type
Multi Family
No. of Stories
1
County
City
Neighborhood
--
Year Built
1947
HOA Fees
-
Finished Area
3,834 sqft
Lot Size
15,124 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
26860377
MLS Status
Active
Days on Market
53
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