Listed by: Ruben Galvan, Coldwell Banker George Realty
$965,000
●
House -
Off Market
1780 N Marengo Avenue
Pasadena, CA 91103
3 Beds
3 Baths,
1
Half Bath
1,214 Ft²
$4,567
Est. Monthly
About This Property
Lovely Craftsman Bungalow nestled on a tranquil, tree-lined street
and surrounded by beautiful historic homes. Featuring a large front
porch, original hardwood floors throughout, formal living room with
a cozy fireplace, formal dining room, remodeled kitchen with
granite counters, upgraded bathrooms, central air & heat, dual pane
windows, updated plumbing, ceiling fans in each room, recessed
lights, laundry room, kitchenette for multi-family set-up and a
private master suite with its own bath. Gated property with
spacious front and back yard perfect for entertaining! Great curb
appeal with lots of storage space and a long driveway for parking.
The detached garage is ideal for an ADU to accommodate extended
family or generate rental income. Conveniently located near the 210
and 134 freeways offering easy access to commuting routes while
still maintaining a sense of tranquility. Close to the renowned
Rose Bowl, Old Town Pasadena as well as Santa Anita racetrack and
just minutes to DTLA!
Unit Size
1,214 Ft²
Days on Market
57 days
Land Size
0.12 acres
Price per sqft
$766
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1923
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 2 years ago (CRMLS #AR24240422)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 28, 2025 | Sold | ||
| Sold | |||
| Dec 11, 2024 | In contract | - | |
| In contract | |||
| Nov 25, 2024 | Listed by Coldwell Banker George Realty | $930,000 | |
| Listed by Coldwell Banker George Realty | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
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Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Northwest Pasadena
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Listed by: Ruben Galvan, Coldwell Banker George Realty
Last Updated: 2 years ago
Data Source: CRMLS, MLS# AR24240422
Last Updated: 2 years ago
Data Source: CRMLS, MLS# AR24240422
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