855.375.4001
Listed by Jonathan Weir - Marcus & Millichap
$4,475,000 affordable loan icon Calculate Payment

405 Marengo Avenue Pasadena, CA 91101

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Cluster Residence
17 Beds
16 Baths
... Bed/Bath
10,362 Sq. Ft.

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Last updated on 9/29/2024 9:28 AM
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 p...roperty 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 . Continue reading
MLS#
24432995
Property Type
Cluster
Bedrooms
17
Bathrooms
Year Built
1960
Square Feet
10,362 sq. ft
Lot Size
0.29
Stories
2.0

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Listed by Jonathan Weir - Marcus & Millichap
Barbara Lynn Simmons, CALBRE 637579, Xome Inc., CALBRE 1932600, [email protected], 844-400-XOME (9663), 2945 Townsgate Road, Suite 200, Westlake Village, CA 91361

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This content last refreshed on 9/29/2024 9:28 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.
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