1309 N Marengo Ave, Pasadena, CA 91103
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1309 N Marengo Ave Pasadena, CA 91103

$1,820,000 Sold Price as of 10/18/2019
  • 8 Beds
  • 7 Baths
  • 4,311 Sq.Ft.
Sold
$1,820,000 Sold Price as of 10/18/2019 Refinance Your Mortgage

Map preview of 1309 N Marengo Ave, Pasadena, CA 91103

Property Overview: 1309 N Marengo Ave Pasadena, CA has 8 bedrooms, 7 bathrooms, 4,311 living square feet and 12,646 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: This amazing 3 unit property is a wonderful opportunity for owner occupied and or investor to rent the rest of the units. All the units have been remodeled like state of an art finishing workmanship. Recessed lighting with a few of them with coiffured ceiling. Hardwood, travertine, and porcelain flooring throughout the units. Light, bright and spacious units with great Kitchen and baths with quality granite counter tops, few bathrooms are with double sink vanities & wonderful finishing. Top of the line appliances. The units all have been upgraded in the last 5-6 years. Remote control gate opener. Dual Central AC/Heat to each duplex. Separate detached game room as well! Numerous parking spaces available to all units, close to downtown of Pasadena, Mall, Restaurants, Shops and much more to mention!

Listed by Ibrahim Habib | BRE #01251107 | Pinnacle Estate Properties
Co-listed by Ata Tajyar | BRE #01298655 | Pinnacle Estate Properties
Last checked: 43 seconds ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 44

Home details

Lot Sq. Ft
12,646
HOA Dues
$0/mo
Year built
1914
Garage
--
Property Type:
Fourplex
Status
Sold
MLS#
SR19174347
City
Pasadena
County
Los Angeles
Time on Site
1397 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 3
  • # of Electric Meters: 5
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,700
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 5
  • # of Baths: 4
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $5,000
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,200
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $0
  • Net Operating Income: $0
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $23,040
  • Electric: $9,600
  • Gas/Fuel: $0
  • New Taxes: $23,112
  • Trash: $100
  • Insurance: $200
  • Professional Management: $0
  • Water/Sewer: $150

Virtual Tour

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Property Details for 1309 N Marengo Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air, Dual
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Community, Outside
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: 2-5 Units/Acre, Paved, Treed Lot
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 3
  • Parcel Number: 5729013018
  • Year Built Source: Assessor
  • Entry Level: 3
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Location / Neighborhood
Location Information
  • Directions: West of Los Robles Avenue, South of E. Washington Boulevard
Neighborhood Information
  • Community Features: Curbs
View more facts & features

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Sale History for 1309 N Marengo Ave

Last sold for $1,820,000 on October 18th, 2019
  • October, 2019

  • Oct 23, 2019

    Date

    Sold

    CRMLS: SR19174347

    $1,820,000

    Price

  • Sep 11, 2019

    Date

    Active Under Contract

    CRMLS: SR19174347

    $1,849,000

    Price

  • Aug 24, 2019

    Date

    Active

    CRMLS: SR19174347

    $1,849,000

    Price

  • Aug 23, 2019

    Date

    Pending

    CRMLS: SR19174347

    $1,849,000

    Price

  • Jul 24, 2019

    Date

    Active

    CRMLS: SR19174347

    $1,849,000

    Price

  • October, 2019

  • Oct 17, 2019

    Date

    Sold (Public Records)

    Public Records

    $1,820,000

    Price

  • July, 2019

  • Jul 12, 2019

    Date

    Canceled

    CRMLS: SR19152764

    $1,949,950

    Price

  • Jun 28, 2019

    Date

    Active

    CRMLS: SR19152764

    $1,949,950

    Price

  • Listing provided courtesy of CRMLS

    First time on the market after complete Top Quality renovations. highly desired Duplex in PRIME Pasadena location with a Guest house in the back fits all your family needs or make it an investment heaven while living in one of the units. This duplex can be separated into 5 units that have been completely remodeled with high quality workmanship. Come inside to the majestic high ceiling entrance of each unit to be greeted with travertine and designer looking Tile, which will take you to the kitchens that have been completely remodeled with top of the line stainless steel appliances and large quarts and granite counter tops with lots of cabinet space for all your storage needs. Recess lighting through out entire houses with crown molding to give the modern beauty of this Pasadena rare rebuilt opportunity. Come inside to the open floor plans of each of the homes with remodeled bathrooms and quarts and Granite counters. 6 bedrooms located on the first floor and 3 bedrooms on the second floor for easy access and privacy. Double pain windows with Great views from the second story and plenty of parking space for all your family needs & desires. Large outdoor area with built in BBQ and large counter tops space for all your cooking needs. Fire pit for all your entertainment and family needs to sit, relax and enjoy the quite, serene environment. This is a MUST SEE.

  • June, 2019

  • Jun 13, 2019

    Date

    Canceled

    CRMLS: SR19064323

    $1,949,950

    Price

  • Mar 22, 2019

    Date

    Active

    CRMLS: SR19064323

    $1,949,950

    Price

  • Listing provided courtesy of CRMLS

    Incredible rental investment opportunity in this Highly desired PRIME Pasadena location. Each of the 5 units have been completely remodeled featuring luxury upgrades to attract upscale tenants. Features include; hardwood flooring, state of the art stainless steel appliances, light and bright open floor plans, granite counter tops in kitchens and bathrooms, outdoor BBQ area, and plenty of on site parking. Enjoy 7% cap rate and uprent location.

  • December, 2009

  • Dec 23, 2009

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 1309 N Marengo Ave

Assessed Value (2020): $1,820,000
Year Land Value Improved Value Assessed Value
2020 $1,000,000 $820,000 $1,820,000

Home Value Compared to the Market

This property vs the competition

1309 N Marengo Ave sold on October 18, 2019 for 47.92% higher than the current median sold price for the city of Pasadena which is $1,250,000. The median sold price per/sqft for Pasadena is $763 and this home is sold at $428.9 per/sqft which puts the price per square foot 43.79% lower than the current median sale per square foot for the city of Pasadena.

About 1309 N Marengo Ave

Detailed summary of property

1309 N Marengo Ave is a fourplex that recently sold in Pasadena, CA 91103. This fourplex offered 8 bedrooms, 7 bathrooms, roughly 4,311 living square feet, and sits on an approximately 12,646 square foot lot. 1309 N Marengo Ave was first listed on ArdentRealEstateGroup.com on July 21, 2020. The homeowner sold the property for $1,820,000. Home in Pasadena are selling for a median price of $1,250,000 and a median price per square foot of $763. Based on Ardent Real Estate Group's Pasadena Market Data, this home is sold 47.92% higher than the current median priced home. Local homes that are currently for sale include 2221 Addison Way, 4914 Mendota Ave and 4311 Eagle Rock Blvd. While the average home in Pasadena, CA is selling in 51 days, 1309 N Marengo Ave has a days on market of 44 days. There are currently 278 homes for sale in the Pasadena real estate market and 169 of them are single family homes while 83 of them are condos and 26 are townhomes. For more information on this home for sale at 1309 N Marengo Ave Pasadena, CA 91103 contact Ardent Real Estate Group and we will put you in touch with one of our Pasadena agents.

Public Facts for 1309 N Marengo Ave

Public county record property details
Beds
7
Baths
8
Year built
1914
Sq. Ft.
5,210
Lot Size
12,645
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
14,15
APN
5729-013-018

The source for these homes facts are from public records.

91103 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,049,000
Median List Price/Sq.Ft.
$784
Median Sold Price
$1,129,000
Median Sold Price/Sq.Ft.
$776
Total Inventory
45
Median Sale to List Price %
100%
Avg Days on Market
32
Loan Type
Conventional (26.67%), FHA (0%), VA (0%), Cash (33.33%), Other (26.67%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.