1430 N Marengo Ave Pasadena, CA 91103

$--

12 Beds
12 Baths
5,928 Sq.Ft.

Off Market

Map preview of 1430 N Marengo Ave, Pasadena, CA 91103

Property Overview: 1430 N Marengo Ave Pasadena, CA has 12 bedrooms, 12 bathrooms, 5,928 living square feet and 15,001 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

1430 N Marengo Ave is currently an off market home in the city of Pasadena. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Pasadena has a median list price of $1,250,000. The median price per/sqft for Pasadena is $756. With those numbers in mind, if you are looking to purchase a median priced home in Pasadena, CA and put 20% down you will need to save up $250,000 for the down payment and will need roughly $25,000 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Pasadena the commission could be as much as $60,000. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 1430 N Marengo Ave

Last sold on October 14th, 2015

December, 2022
Dec 24, 2022

Date

Expired

CRMLS: CV22157258

$3,400,000

Price
Jul 18, 2022

Date

Active

CRMLS: CV22157258

$3,700,000

Price
Listing provided courtesy of CRMLS

We are pleased to present the opportunity to acquire a 12 unit multifamily investment opportunity at 1420 N. Marengo Avenue, in the vibrant city of Pasadena. Built in 1985 and very well maintained by the current ownership, this 5,928 square foot building consists of twelve single bedroom and bathroom units. The property offers ample parking for residents. Situated only 11 miles northeast of Downtown Los Angeles, and countless options of boutiques, dining, galleries, and entertainment in the nearby famous neighborhood of Old Town Pasadena. This property provides residents with excellent public transportation and quick access into Downtown Los Angeles and major places of business and pleasure within the region. This is an excellent value add opportunity. Buyer to be prequalified with ALB Commercial Capital. This property can be purchased alone or as a portfolio of 3. The additional multifamily properties are a 12 unit building in Eagle Rock and a 7 unit building in Pasadena. Further details can be provided upon request.

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October, 2015
Oct 14, 2015

Date

Sold (Public Records)

Public Records

--

Price
January, 2007
Jan 26, 2007

Date

Sold (Public Records)

Public Records

--

Price

Tax History for 1430 N Marengo Ave

Assessed Value (2020): $1,875,844

Year	Land Value	Improved Value	Assessed Value
2020	$1,225,063	$650,781	$1,875,844

About 1430 N Marengo Ave

Detailed summary of property

1430 N Marengo Ave is categorized with a use code of Apartment House (5+ Units) in Pasadena, CA 91103 and is currently off market. This property has 12 bedrooms, 12 bathrooms, roughly 5,928 living square feet, and sits on an approximately 15,001 square foot lot. Homes in Pasadena are selling for a median price of $1,200,000 and a median price per square foot of $781. Local nearby listings include 297 Del Monte St, 2002 El Sereno Ave and 1181 N Hudson Ave. The average home in Pasadena, CA is selling in 59 days. There are currently 326 homes for sale in the Pasadena real estate market and 172 of them are single family homes while 118 of them are condos and 36 are townhomes. If you are the homeowner and looking to sell the home at 1430 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 1430 N Marengo Ave

Public county record property details

Beds: 12
Baths: 12
Year built: 1985
Sq. Ft.: 5,928
Lot Size: 15,001
Stories: --

Type: Apartment House (5+ Units)
Pool: No
Spa: No
County: Los Angeles
Lot#: 1
APN: 5729-009-001

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

$1,125,000

Median List Price/Sq.Ft.

$848

Median Sold Price

$1,565,000

Median Sold Price/Sq.Ft.

$696

Total Inventory

Median Sale to List Price %

130.53%

Avg Days on Market

Loan Type

Conventional (23.08%), FHA (0%), VA (0%), Cash (53.85%), Other (7.69%)

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(714) 706-1823

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