708 N Marengo Ave Pasadena, CA 91103

$540,000 Sold Price as of 06/10/2003

-- Beds
-- Baths
4,344 Sq.Ft.

Off Market

$540,000 Sold Price as of 06/10/2003 Refinance Your Mortgage

Map preview of 708 N Marengo Ave, Pasadena, CA 91103

Property Overview: 708 N Marengo Ave Pasadena, CA has -- bedrooms, -- bathrooms, 4,344 living square feet and 9,408 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

708 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 708 N Marengo Ave

Last sold for $540,000 on June 10th, 2003

September, 2021
Sep 17, 2021

Date

Withdrawn

CRMLS: AR20256489

$1,750,000

Price
Sep 7, 2021

Date

Price Change

CRMLS: AR20256489

$1,750,000

Price
Aug 7, 2021

Date

Price Change

CRMLS: AR20256489

$1,700,000

Price
May 3, 2021

Date

Price Change

CRMLS: AR20256489

$1,775,000

Price
Apr 7, 2021

Date

Price Change

CRMLS: AR20256489

$1,825,000

Price
Feb 13, 2021

Date

Price Change

CRMLS: AR20256489

$1,875,000

Price
Dec 12, 2020

Date

Active

CRMLS: AR20256489

$1,950,000

Price
Listing provided courtesy of CRMLS

Offered for sale, motivated seller, please feel free to submit all offers according to buyers objectives, this is a free standing commercial mixed-use office/retail building in Pasadena, located on the signalized corner of Marengo Avenue and Orange Grove Blvd. The subject property consists of 4,344 square feet constructed in 1960 and zoned PSC*. Situated on a 9,408 parcel. There are (14) on-site parking spaces and one handicap parking space. The building consists of ten office/retail spaces with seven separate long-term tenants. There is both an interior and exterior stairway to the second floor, two restrooms and one tenant kitchenettes on both floors. Investment highlights include; Ingress and Egress from Orange Grove Blvd., a well maintained structure and grounds, 100% long term tenancy, a signalized corner location, excellent north Pasadena traffic arteries, excellent Garfield, Olive and Orange Heights demographics and a prime location in this area of Pasadena. Please contact listings agents and also refer to Offering Memorandum attached.

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June, 2003
Jun 10, 2003

Date

Sold (Public Records)

Public Records

$540,000

Price
April, 2002
Apr 9, 2002

Date

Sold (Public Records)

Public Records

$250,900

Price

Tax History for 708 N Marengo Ave

Assessed Value (2020): $715,115

Year	Land Value	Improved Value	Assessed Value
2020	$317,827	$397,288	$715,115

About 708 N Marengo Ave

Detailed summary of property

708 N Marengo Ave is categorized with a use code of Professional Bldg (Legal; Insurance; Real Estate; Business) in Pasadena, CA 91103 and last sold on June 10, 2003 for $540,000. This property has -- bedrooms, -- bathrooms, roughly 4,344 living square feet, and sits on an approximately 9,408 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. Based on Ardent Real Estate Group's Pasadena Market Data, this home is sold 55% lower than the current median priced home. 708 N Marengo Ave was last sold on June 10, 2003 for $540,000. Local nearby listings include 286 N Madison Ave #109, 35 N Raymond Ave #409 and 35 N Raymond Ave #407. 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 708 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 708 N Marengo Ave

Public county record property details

Beds: --
Baths: --
Year built: 1960
Sq. Ft.: 4,344
Lot Size: 9,408
Stories: 1

Type: Professional Bldg (Legal; Insurance; Real Estate; Business)
Pool: No
Spa: No
County: Los Angeles
Lot#: --
APN: 5725-020-013

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.

$840

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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