405 N Marengo Ave Pasadena, CA 91101
Property details
About 405 N Marengo Ave
We are pleased to present our newest offering in the beautiful city of Pasadena. This appealing 14-unit property is nestled in the 91101 Zip Code, surrounded mostly by residential homes in a quaint pocket of the city. Being only a few blocks away from Pasadena city hall and downtown Pasadena, this property boasts easy access to the freeway, and the city's newest and prevalent attractions alike. Offered at an extremely attractive 5% cap rate, 405 N Marengo Street is an invaluable investment for first time buyers or veteran investors alike. With an average square footage of approximately 750 SQ/FT per unit, each unit possesses ample living spaces for modern design and comfortable living. Don't miss the opportunity to acquire a pride of ownership asset in the highly coveted city of Pasadena, with substantial day one income and potential for massive future growth .
Highlights
Summary
- MLS Number: 24432995
- MLS Name: CRMLS
- Office Name: Marcus & Millichap
- Office Phone: (424) 405-3900
- Listing Agent: Jonathan Weir
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/22/2025, 5:20:59 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$4,475,000
405 N Marengo Ave
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0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| May 09, 2005 | Home Sold | $1,630,000 |
| Apr 18, 2001 | Home Sold | $340,500 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2021 | $2,100,486 | $25,375 |
| 2020 | $2,077,524 | $24,463 |
| 2019 | $2,036,789 | $24,809 |
| 2018 | $1,996,852 | $24,535 |
| 2017 | $1,957,699 | $24,535 |
History based on county public records data.
Nearby schools
4
Madison Elementary School
Public District PK-5
0.6 mi
•515 E Ashtabula St
3
Washington Elementary School
Public District PK-5
1.3 mi
•1520 N Raymond Ave
6
Longfellow Elementary School
Public District PK-5
1.5 mi
•1065 E Washington Blvd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $34,135. The most common annual income of people living in Pasadena, CA is less than $<35k. Typical family type is single, no kids. Typical level of education for residents in this area is high school diploma.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Pro Boxing
Major League Soccer (MLS)
Mexican League Soccer
Where do the neighbors shop?
H&M
Foot Locker
Ross Dress For Less
Where do the neighbors go to eat?
Boston Market
Popeyes
Little Caesars
What do the neighbors drive?
Honda
Nissan
Dodge
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary
News
Frequently asked questions
About 405 N Marengo Ave
This home is located at 405 N Marengo Ave in Pasadena, CA and zip code 91103 in the The Verdugos neighborhood. This 10,362 square foot home, which was built in 1960, sits on a 0.29 acre lot. Features: 17 bedrooms, 16 bathrooms. It has been listed on Rocket Homes since August 28, 2024 and is currently priced at $4,475,000.
In December 2024, from all listings sold in Pasadena, CA there were more than 27 sold above asking price, over 17 sold below and more than 12 were sold right at the asked price. The inventory of homes for sale in Pasadena, CA between November and December 2024 decreased by 12.5%. In December 2024, listings were on the market for 39 days. During the same period, the median list price in this real estate market was $1,216,222.