405 Marengo, Pasadena CA 91101 for sale - Presented to you by Ever Eternity of North County Coastal California
Listing provided courtesy of Jonathan Weir of Marcus & Millichap. Last updated 2024-11-26 09:11:19.000000. Listing information © 2024 Sandicor.

Asking Price: $4,475,000

405 Marengo, Pasadena CA 91101

Community: ​645 - Pasadena (NW)


This property was built in 1960 and is priced at $4,475,000. Please see the additional details below.
  • 0 Sq Ft
  • 0 bathrooms
  • 0 bedrooms
  • MLS#: 24432995
  • Type:
  • Year Built: 1960
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 property 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 .

Call or Email Ever Eternity now to inquire about this property

858-688-4113