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902 S Marengo Ave, Pasadena, CA 91106
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902 S Marengo Ave Pasadena, CA 91106

$1,780,000 Sold Price as of 07/15/2021
  • 4 Beds
  • 6 Baths
  • 3,192 Sq.Ft.
Sold
$1,780,000 Sold Price as of 07/15/2021 Refinance Your Mortgage
Map preview of 902 S Marengo Ave, Pasadena, CA 91106

Property Overview: 902 S Marengo Ave Pasadena, CA has 4 bedrooms, 6 bathrooms, 3,192 living square feet and 7,749 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Pride of Ownership, great location in Pasadena. 6 well maintained residential income units, 2 studio dwellings and 4:1 bedroom & 1 bath dwellings. Newer dual pane windows and appliances, hardwood floors, manicured lawn, fabulous curb appeal. 4 garages & 2 carports. 2 structures, rear building has 2 of the 1 bedroom units, lower unit has a back yard and upper has patio. Property has coin operated laundry (unsure of income). Close to Gold Line, shopping, parks, Old Town and freeways.

Listed by William Schebeck | BRE #01872195 | Gold Star Realty
Last checked: 11 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 3

Home details

Lot Sq. Ft
7,749
HOA Dues
$0/mo
Year built
1928
Garage
4 Car
Property Type:
Multi Family
Status
Sold
MLS#
SR21111355
City
Pasadena
County
Los Angeles
Time on Site
1085 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 6
  • Total # of Buildings: 2
  • # of Leased Units: 6
  • # of Electric Meters: 6
  • # of Gas Meters: 6
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,250
  • Total Rent: $1,250
  • Pro Forma/Market Rent: $1,250
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,061
  • Total Rent: $1,061
  • Pro Forma/Market Rent: $1,250
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,401
  • Total Rent: $1,401
  • Pro Forma/Market Rent: $1,500
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,451
  • Total Rent: $1,451
  • Pro Forma/Market Rent: $1,600
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,501
  • Total Rent: $1,501
  • Pro Forma/Market Rent: $1,650
Unit Breakdown 6
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,401
  • Total Rent: $1,401
  • Pro Forma/Market Rent: $1,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $96,780
  • Net Operating Income: $35,809
  • Gross Operating Income: --
  • Laundry Own/Lease: Lease
Annual Expense Breakdown
  • Total Operating Expense: $35,809
  • New Taxes: $22,437
  • Trash: $2,040
  • Insurance: $2,500
  • Professional Management: $4,500
  • Water/Sewer: $3,996

Property Details for 902 S Marengo Ave

Interior Features
Laundry Information
  • Has Laundry
  • Common Area
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 6
  • Has Parking
  • Parking Features: Attached Carport, Garage, Garage - Single Door
Lot Information
  • Lot Features: Paved
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 6
  • Parcel Number: 5720022006
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: n/Glenarm & e/Arroyo
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Pasadena Agent

Sale History for 902 S Marengo Ave

Last sold for $1,780,000 on July 15th, 2021

  • July, 2021

  • Jul 16, 2021

    Date

    Sold

    CRMLS: SR21111355

    $1,780,000

    Price

  • Jun 9, 2021

    Date

    Pending

    CRMLS: SR21111355

    $1,795,000

    Price

  • May 28, 2021

    Date

    Active Under Contract

    CRMLS: SR21111355

    $1,795,000

    Price

  • May 24, 2021

    Date

    Active

    CRMLS: SR21111355

    $1,795,000

    Price

  • July, 2003

  • Jul 24, 2003

    Date

    Sold (Public Records)

    Public Records

    $669,000

    Price

  • August, 2002

  • Aug 15, 2002

    Date

    Sold (Public Records)

    Public Records

    $487,500

    Price

Show More

Tax History for 902 S Marengo Ave

Assessed Value (2020): $869,723
Year Land Value Improved Value Assessed Value
2020 $482,313 $387,410 $869,723

Home Value Compared to the Market

This property vs the competition

902 S Marengo Ave sold on July 15, 2021 for 43.6% 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 $562.34 per/sqft which puts the price per square foot 26.3% lower than the current median sale per square foot for the city of Pasadena.

About 902 S Marengo Ave

Detailed summary of property

902 S Marengo Ave is a multi family that recently sold in Pasadena, CA 91106. This multi family property offered 4 bedrooms, 6 bathrooms, roughly 3,192 living square feet, and sits on an approximately 7,749 square foot lot. 902 S Marengo Ave was first listed on ArdentRealEstateGroup.com on May 24, 2021. The homeowner sold the property for $1,780,000. 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 43.6% higher than the current median priced home. Local homes that are currently for sale include 1461 Hepner Ave, 1461 Hepner Ave and 5231 Loleta Ave. While the average home in Pasadena, CA is selling in 57 days, 902 S Marengo Ave has a days on market of 3 days. There are currently 258 homes for sale in the Pasadena real estate market and 155 of them are single family homes while 75 of them are condos and 28 are townhomes. For more information on this home for sale at 902 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 902 S Marengo Ave

Public county record property details
Beds
4
Baths
6
Year built
1928
Sq. Ft.
3,192
Lot Size
7,748
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
1-3
APN
5720-022-006

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
$830,000
Median Sold Price/Sq.Ft.
$672
Total Inventory
44
Median Sale to List Price %
89.73%
Avg Days on Market
28
Loan Type
Conventional (18.18%), FHA (0%), VA (0%), Cash (36.36%), Other (27.27%)

Thinking of Selling?

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(714) 706-1823

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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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