Property Description
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 .
Features
: No
: Wall Furnace
: No
: No
: No
: 14
: Uncovered
Address Map
U.S.
California
Los Angeles
Pasadena
91101
405 N Marengo Avenue
0
W119° 51' 12.6''
N34° 9' 10.3''
MLS Addon
$0
10,362 Sqft
: No
: No
8
N Marengo Ave and Maple St
205x60
: No
2

Residential Income For Sale Pasadena

405 N Marengo Avenue, Pasadena, Los Angeles, California, 91101

17 Bedrooms
10,362 Sqft
Visits : 15 in 23 days
$4,475,000
Listing ID #24432995
Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : 24432995
Price : $4,475,000
Bedrooms : 17
Square Footage : 10,362 Sqft
Year Built : 1960
Lot Area : 12,420 Acre
Status : Active
Agent info
Damian M. Ramirez
Damian M. Ramirez
  • 01974515
  • 1213238
  • PWDAMRA
Broker
Broker
A level-headed and composed professional.  Combat veteran and experienced CEO with the ability to train and motivate staff to meet challenging performance targets and consistently satisfy clients with high-quality service.
Contact Agent
Mortgage Calculator
$
$ %
years
%
$ %per year
$

$
Style Selector
Select the layout
Choose the theme
Preset colors
No Preset
Select the pattern