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$1,490,000
Listing Price8beds
2baths
2,560sqft
10,083sqft lot
925 N Marengo Ave, Pasadena, CA 91103
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Full foreclosure details
Home value, equity and ownership info
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For Sale
Home type
Price / sqft
Year built
Home Details
he offering consists of two parcels: APN 5729-016-011, improved with a duplex, and APN 5729-016-009, improved with a quadruplex. Built in 1947, the property totals approximately 3,834 rentable square feet on a large 15,124-square-foot PSR1-zoned corner lot. The unit mix includes four one-bedroom/one-bath units and two two-bedroom/one-bath units. Each unit features in-unit laundry and wall-unit air conditioning. The property also offers driveway access and six garage parking spaces.Current rents are below market, providing a new owner with the opportunity to renovate units, improve operations, and increase rental income as units turn. The oversized lot may also offer potential for future ADU development, creating an additional opportunity to enhance income and long-term value. Buyer to independently verify all development and ADU feasibility.Ideally located just north of Mountain Street and east of the 210 Freeway, the property provides convenient access to Old Pasadena, Downtown Pasadena, the Rose Bowl, Pasadena City College, Caltech, major employment centers, and the area's premier shopping, dining, and entertainment amenities. With strong tenant demand, limited multifamily inventory, and long-term appreciation potential, 917933 N Marengo Avenue represents a compelling investment opportunity in one of Pasadena's most established residential neighborhoods.
Interior Details
2560
8
2
Has Heating:
No
Heating Type:
N/A
Has Cooling:
Yes
Cooling Type:
N/A
Has Fuel:
No
Fuel Type:
N/A
Has Basement:
No
Basement Type:
N/A
Has Flooring:
No
Flooring Type:
N/A
Has Fireplace:
Yes
Fireplace Type:
N/A
Property Details
10083
No
No
Type:
N/A
Location:
N/A
Status:
N/A
Number of Spaces:
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Construction Details
Quadraplex
N/A
N/A
N/A
N/A
Tax History
Year
Amount
Land
Improvement
Percent Change
Assessment
2019
$4,839
$272,180
$99,275
--%
$371,455
2019
$4,839
$266,844
$97,329
--%
$364,173
2018
$4,812
$261,612
$95,421
--%
$357,033
2017
$4,746
$256,483
$93,550
--%
$350,033
2016
$4,625
$251,454
$91,716
--%
$343,170
2014
$4,510
$242,826
$88,570
--%
$331,396
2013
$4,505
$241,729
$88,170
--%
$329,899
2012
$4,361
$236,990
$86,442
--%
$323,432
Average Home Price in 91103
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Details for 925 N MARENGO AVE
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Guides for Marengo Ave

In August 2024, LA’s pre-foreclosures plummeted 50% from July and 60% from last year, suggesting better economic conditions or successful homeowner interventions. Similar trends in San Jose, while SF and SD remain stable. Sacramento shows significant improvement. LA’s efforts stand out. #HousingMarket #LosAngeles


