1 /
5
Map
$1,781,059*
●
Multifamily -
Off Market
1385 North MARENGO Avenue
Pasadena, CA 91103
10 Beds
6 Baths
4337 Sqft
$1,125,000 - $1,375,000
Reference Base Price*
42.48%
Since Apr 1, 2020
CA-Los Angeles
Primary Model
About This Property
This unique value-add opportunity is comprised of three separate
single-family residences on a 13,000 SF lot zoned RM32. Alongside
several family-friendly parks, the neighborhood is ideal for
families who enjoy the tranquility of the suburbs with close
proximity to DTLA and various Los Angeles hotspots. An investment
in 1385-1389 Marengo Avenue provides an investor with the
opportunity to own three homes in Pasadena, at a very attractive
price, with the potential for 30% upside in rents. Developers
should do their due diligence regarding the opportunity to build up
to 10 units on this large lot.
The manager has listed the unit size as 4337 square feet.
The manager has listed the unit size as 4337 square feet.
Unit Size
4,337Ft²
Days on Market
-
Land Size
13,015.00 acres
Price per sqft
$288
Property Type
Multifamily
Property Taxes
-
HOA Dues
-
Year Built
1980
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 9, 2020 | Sold to Ably F Selassie, Tsega Sh S... | $1,191,500 | |
| Sold to Ably F Selassie, Tsega Sh S... | |||
| Mar 8, 2020 | No longer available | - | |
| No longer available | |||
| Dec 13, 2019 | Price Decreased |
$1,250,000
↓ $50K
(3.9%)
|
|
| Price Decreased | |||
| Oct 2, 2019 | Listed | $1,300,000 | |
| Listed | |||
Property Highlights
Garage
1385 North MARENGO Avenue
By proceeding, you consent to receive calls and texts at the number you provided, including marketing by autodialer and prerecorded and artificial voice, and email, from Move, Inc., Move Sales, Inc., Opcity, Inc., realtor.com, and their network of service providers, about your inquiry and other home-related matters, but not as a condition of any purchase. Msg/data rates may apply. This consent applies even if you are on a corporate, state, or national Do Not Call list.
By proceeding, you agree to our Terms of Service.
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
In Contract
House
4
Beds
4
Baths
3,028 ft²
$458/ft²
$1,388,000
Mar 10, 2020
-
-
In Contract
House
4
Beds
2
Baths
1,948 ft²
$600/ft²
$1,169,000
Jan 14, 2023
-
-
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
10/02/2019
|
|
10 Bed
|
6 Bath
|
4337 ft²
|
$1,300,000
10 Bed
6 Bath
4337 ft²
|
$1,191,500
-8.35%
03/09/2020
|
Kenny Stevens
|
Building Info
