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670-672 S Marengo Ave, Pasadena, CA 91106
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670-672 S Marengo Ave Pasadena, CA 91106

$2,150,000
  • 4 Beds
  • 4 Baths
  • 2,689 Sq.Ft.
Pending
$2,150,000 Get Pre-Qualified
Map preview of 670-672 S Marengo Ave, Pasadena, CA 91106

Property Overview: 670-672 S Marengo Ave Pasadena, CA has 4 bedrooms, 4 bathrooms, 2,689 living square feet and 8,445 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: This centrally located delightful duplex is comprised of 2 nearly identical 2 bedroom / 2 bathroom units. Both units have been tastefully remodeled, have beautifully refinished original hardwood floors, and in-unit laundry. There is a detached 3-car garage and 3 additional parking spaces. The present owners painstakingly updated the electrical and plumbing systems while maintaining the original character of the building. Additionally, the whole property was newly landscaped including adding a tranquil fountain. The spacious lot provides opportunity for expansion and potentially the additionl of an ADU subject to City of Pasadena approval. This is an ideal opportunity for an owner-occupant or a savvy investor that wants a legacy income property.

Listed by Matt McIntyre | BRE #01844466 | Berkshire Hathaway HomeServices California Properties
Last checked: 15 minutes ago | Last updated: April 25th, 2024 | Source CRMLS | DOM: 28
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Home details

Lot Sq. Ft
8,445
HOA Dues
$0/mo
Year built
1936
Garage
3 Car
Property Type:
Multi Family
Status
Pending
MLS#
P1-17004
City
Pasadena
County
Los Angeles
Time on Site
31 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: --
  • Total # of Buildings: 1
  • # of Leased Units: 2
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 0
Unit Breakdown 1
  • # of Units: --
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $3,750
  • Total Rent: $3,750
  • Pro Forma/Market Rent: $3,750
Unit Breakdown 2
  • # of Units: --
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $3,596
  • Total Rent: $3,596
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $88,159
  • Net Operating Income: $56,236
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $31,923
  • Electric: $0
  • Trash: $2,232
  • Gardener: $2,160
  • Insurance: $3,000
  • Water/Sewer: $2,544

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Property Details for 670-672 S Marengo Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • See Remarks, Stackable
Fireplace Information
  • Has Fireplace
  • Decorative
Kitchen Information
  • Has Appliances
  • Dishwasher, Tankless Water Heater, Microwave, Gas Range, Refrigerator
Exterior Features
Exterior Information
  • Has Fence
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 3
  • # of Parking Spaces: 6
  • Has Parking
  • Parking Features: Assigned
Lot Information
  • Lot Size Source: Assessor
Property Information
  • No View
  • View: None
  • Common Walls: No Common Walls
  • Year Built Source: Assessor
  • Property is not Attached
  • Offered With Property: 2 refrigerators & 2 washer/dryer units.
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • No Assessments
  • Assessments: None
Location / Neighborhood
Location Information
  • Subdivision Name: Not Applicable
  • Directions: South of California; North of Glenarm; East of Arroyo; West of Los Robles
Neighborhood Information
  • Community Features: Curbs
View more facts & features

Local Pasadena Agent

Sale History for 670-672 S Marengo Ave

View property's historical transactions

  • April, 2024

  • Apr 25, 2024

    Date

    Pending

    CRMLS: P1-17004

    $2,150,000

    Price

  • Mar 27, 2024

    Date

    Active

    CRMLS: P1-17004

    $2,150,000

    Price

Tax History for 670-672 S Marengo Ave

Recent tax history for this property
Year Land Value Improved Value Assessed Value
The tax history for this property will expand as we gather information for this property.

Home Value Compared to the Market

This property vs the competition

670-672 S Marengo Ave is listed 79.32% higher than the median list price for the city of Pasadena which has a median list price of $1,199,000. The median price per/sqft for Pasadena is $798 and this home is listed at $799.55 per/sqft which puts the price per square foot 0.19% higher than the median price per square foot for the city of Pasadena.

About 670-672 S Marengo Ave

Detailed summary of property

670-672 S Marengo Ave is a multi family located in Pasadena, CA 91106 and is currently in escrow to be sold. This multi family property offers 4 bedrooms, 4 bathrooms, roughly 2,689 living square feet, and sits on an approximately 8,445 square foot lot. 670-672 S Marengo Ave was first listed on ArdentRealEstateGroup.com on March 27, 2024. The homeowner is currently asking $2,150,000. The median priced home in Pasadena is $1,199,000 with a median price per square foot of $798. Based on Ardent Real Estate Group's Pasadena Market Data, this home is listed 79.32% higher than the median priced home. Local competing homes currently for sale include 4311 Eagle Rock Blvd, 3813 Baldwin St and 3020 Baldwin St. While the average home in Pasadena, CA is selling in 59 days, 670-672 S Marengo Ave has a days on market of 28 days. There are currently 255 homes for sale in the Pasadena real estate market and 155 of them are single family homes while 76 of them are condos and 24 are townhomes. For more information on this home for sale at 670-672 S Marengo Ave Pasadena, CA 91106 contact Ardent Real Estate Group and we will put you in touch with one of our Pasadena agents.

Public Facts for 670-672 S Marengo Ave

Public county record property details
Beds
--
Baths
--
Year built
--
Sq. Ft.
--
Lot Size
--
Stories
--
Type
--
Pool
--
Spa
--
County
--
Lot#
--
APN
--

The source for these homes facts are from public records.

91106 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,288,000
Median List Price/Sq.Ft.
$777
Median Sold Price
$810,000
Median Sold Price/Sq.Ft.
$634
Total Inventory
43
Median Sale to List Price %
95.41%
Avg Days on Market
43
Loan Type
Conventional (23.53%), FHA (0%), VA (0%), Cash (11.76%), Other (41.18%)

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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.

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