NOT LISTED FOR SALE

1441 N Marengo Ave Pasadena, CA 91103

La Pintoresca Park Neighborhood

Estimated Value: $1,469,000 - $2,031,000

8 Beds
4 Baths
3,096 Sq Ft
$587/Sq Ft Est. Value

Last Sold August 12, 2020

Last sale price $1,423,000 $460 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $11,076/month

32 Days on Market

Highlights

  • Canyon View
  • Central Heating and Cooling System
  • South Facing Home
  • Midcentury Modern Architecture
  • Laundry Facilities

About This Home

As of August 2020

PASADENA Cool, sharp and well maintained Mid-Century 4-plex completely updated. Building in excellent condition with many improvements made in the last few years. Central Heat/AC! Newer electric and plumbing systems. All 2bed/1bath apartments have been renovated over the years and are charming. Included are 4 enclosed garage/storage spaces, and plenty more parking for a second car or friends when they come to visit. Nice tenants! New washer/dryer in laundry room for extra income. Rent roll at $7450/month with good upside. Large 10,018 sqft lot nicely landscaped and quiet. Great yard to relax or garden. Excellent investment property. Inside with accepted offer.

Last Agent to Sell the Property

Jeff McManus

Eric Winter License #01872235 Listed on: 06/12/2020

Last Buyer's Agent

Jevon Perra

License #01716773

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1949 | Remodeled

Lot Details

  • 10,074 Sq Ft Lot
  • South Facing Home

Parking

  • 4 Car Garage

Home Design

  • Midcentury Modern Architecture
  • Asphalt Roof

Interior Spaces

  • 3,096 Sq Ft Home
  • 2-Story Property
  • Canyon Views

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Utilities

  • Central Heating and Cooling System

Community Details

  • 4 Units
  • Laundry Facilities

Listing and Financial Details

  • The owner pays for water
  • Assessor Parcel Number 5729-007-011

Property Details

Home Type

Multi-Family

Year Built

Built in 1949 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Mid-Century
  • Street Number Display: Yes
  • ADA Compliant: No
  • Living Area: 3096
  • Probate: No
  • Property Condition: Updated/Remodeled
  • Stories: 2
  • Year Built: 1949
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 8
  • Laundry: Community
  • Total Bathrooms: 4.00
  • Equipment: Refrigerator
  • Price Per S Q F T: 482.88

Exterior Features

  • Direction Faces: South
  • Other Structures: None
  • Pool: No
  • Roof: Asphalt
  • View: Canyon
  • View: Yes

Garage/Parking

  • Covered Parking: 4
  • Parking Garage: Garage - 4+ Car
  • Total Parking: 8

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Assessed Improvement Value: 275975
  • Assessed Land Value: 441561
  • Assessor Parcel Number: 5729-007-011
  • Geocode Override: No
  • Lot Size Area: 10074

Rental Info

  • Owner Pays: Water
  • Rent Control: No

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 17.55
  • Number Of Units: 4
  • Type Of Units: standard

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 7, 2021
Sold by
Lao David Uy
Bought by
Marengo 1441 Llc
Current Estimated Value
$1,817,625

Purchase Details

Listed on
Jun 12, 2020
Closed on
Aug 3, 2020
Sold by
1441 N Marengo Avenue Llc
Bought by
Dtn Llc
Seller's Agent
Jeff McManus
Eric Winter
Buyer's Agent
Jevon Perra
List Price
$1,495,000
Sold Price
$1,423,000
Premium/Discount to List
-$72,000
-4.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.64%

Purchase Details

Closed on
Jun 7, 2019
Sold by
Mcmanus Jeff G and Mcmanus Joy Welch
Bought by
2105 S Rimpau Boulevard Llc

Purchase Details

Closed on
Dec 29, 2010
Sold by
Winter Eric and Watanabe Wendy Y
Bought by
Mcmanus Joy W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$487,500
Interest Rate
4.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 21, 2004
Sold by
Lewis Timothy G and Lewis Rebecca W
Bought by
Winter Eric

Purchase Details

Closed on
Feb 7, 2003
Sold by
Lewis Timothy G and Lewis Rebecca W
Bought by
Lewis Timothy G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
5.89%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jan 31, 2003
Sold by
Watanabe Wendy Y
Bought by
Winter Eric

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
5.89%
Mortgage Type
Stand Alone First
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Marengo 1441 Llc -- Accommodation/Courtesy Recordi
Dtn Llc $1,423,000 Lawyers Title Company
2105 S Rimpau Boulevard Llc -- None Available
Mcmanus Jeff G -- None Available
Mcmanus Joy W $650,000 Lawyers Title Company
Mcmanus Joy W -- Lawyers Title Company
Winter Eric -- Fatcola
Lewis Timothy G -- First American Title Co
Winter Eric -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mcmanus Joy W $487,500
Previous Owner Lewis Timothy G $220,000
Closed Lewis Timothy G $84,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/12/2020 08/12/20 Sold $1,423,000 -4.8% $460 / Sq Ft
07/14/2020 07/14/20 Pending -- -- --
07/07/2020 07/07/20 For Sale $1,495,000 0.0% $483 / Sq Ft
06/24/2020 06/24/20 Pending -- -- --
06/12/2020 06/12/20 For Sale $1,495,000 -- $483 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $18,975 $1,664,639 $1,110,106 $554,533
2024 $18,975 $1,632,000 $1,088,340 $543,660
2023 $18,380 $1,560,600 $1,040,400 $520,200
2022 $17,748 $1,530,000 $1,020,000 $510,000
2021 $16,205 $1,423,000 $923,000 $500,000
2020 $8,887 $761,451 $468,586 $292,865
2019 $8,905 $746,522 $459,399 $287,123
2018 $8,989 $731,886 $450,392 $281,494
2016 $8,680 $703,467 $432,903 $270,564
2015 $8,583 $692,901 $426,401 $266,500
2014 $8,429 $679,329 $418,049 $261,280
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    Jeff McManus

    Eric Winter

    (626) 354-8633

    2 Total Sales

    Jeff McManus
    Section Image

  • J

    Buyer's Agent in 2020

    Jevon Perra

  • D

    Buyer's Agent in 2020

    DAVID LAO

See All Agents

Map

Source: The MLS

MLS Number: 20-590464

The MLS

APN: 5729-007-011

California Los Angeles County Pasadena 91103 La Pintoresca Park

1441 N Marengo Ave, Pasadena, CA

Not Listed for Sale

MultiFamily

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