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Map
$3,228,439*
●
Multifamily -
Off Market
731 South MARENGO Avenue
Pasadena, CA 91106
8 Beds
8 Baths
5949 Sqft
$1,980,000 - $2,420,000
Reference Base Price*
46.75%
Since Sep 1, 2019
CA-Los Angeles
Primary Model
About This Property
Prime Pasadena multifamily INCOME or RM 32 DEVELOPMENT w/office
overlay Opportunity! Fabulous location & great upside potential!
Value add w/under market rents. 2 four plexes , 1 APN. Corner,
'street to alley'. Only 0.2 miles to Fillmore Gold Line Station. 1
mile to Old Town Pasadena's award winning dining, shopping &
entertainment. 84 Walk score & close to 210, 134 and 110 to
downtown Los Angeles. Built in 1953, 191 E Fillmore is a 4 Plex
with 1+1 mix and 5 separate 1 car garages adjacent to alley &
parking lot for retail at S. Arroyo Parkway. 731 S. Marengo
is a Craftsman style SFR built in 1905, divided into 4 plex (Mix is
1+1) with a laundry room & full unused Basement w/ windows. Buyer
to check TOD density bonus possibilities allowed under State
regulations & Fair Oaks Specific Plan. Trust sale, no court
confirmation. Buyer to cooperate with Seller's 1031 Exchange.
Proforma CAP 5.29 ! 12 luxury townhomes construction next
door
The manager has listed the unit size as 5949 square feet.
The manager has listed the unit size as 5949 square feet.
Unit Size
5,949Ft²
Days on Market
-
Land Size
11,223.00 acres
Price per sqft
$370
Property Type
Multifamily
Property Taxes
-
HOA Dues
-
Year Built
1953
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 24, 2019 | No longer available | - | |
| No longer available | |||
| Jul 25, 2019 | Listed | $2,200,000 | |
| Listed | |||
Property Highlights
Air Conditioning
Garage
Parking Available
731 South MARENGO Avenue
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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
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
07/25/2019
|
|
8 Bed
|
8 Bath
|
5949 ft²
|
$2,200,000
8 Bed
8 Bath
5949 ft²
|
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-
|
-
|
-
|
Building Info
