NOT LISTED FOR SALE

2912 Marengo Ave Altadena, CA 91001

Estimated Value: $540,000 - $1,205,974

3 Beds
2 Baths
1,288 Sq Ft
$622/Sq Ft Est. Value

Last Sold February 13, 2024

Last sale price $1,000,000 $776 Per Sq Ft

Est. 20% decrease in value since last sale

Current estimated payment $5,209/month

13 Days on Market

Highlights

  • In Ground Pool
  • Corner Lot
  • No HOA
  • John Muir High School Rated A-
  • Lawn
  • Cul-De-Sac

About This Home

As of February 2024

Offering the perfect opportunity to capitalize on the ADU craze, this plot of land has already been designed out (final permits ready to be issued) for a 1,797 sqft, 3-bedroom, 2-bathroom main unit (currently 1288sqft), a 866 sqft, 2-bedroom, 2-bathroom ADU, with an existing shared swimming pool. It would eventually become an investment that would be comfortably lived in while the spacious, comprehensive ADU collects money. The approved blueprints make efficient use of the land with a 1,680-sqft main unit housing a chic and flowing open floor plan that maintains a synergy between the living room, dining room, and kitchen. Windows would perfectly punctuate the perimeter, allowing plenty of sunshine to stream in, imbuing every room with sunkissed joy. Entertainment would be built into this property with a sizable front porch begging to be brought to life with patio furniture and good company. In the backyard, a refreshing shared swimming pool punctuates the space between the main unit and the freestanding ADU, with further lush landscaping gracing the perimeter with verdant greenery. The generous 866-sqft ADU would also boast a dedicated 2-car driveway. It would accommodate tenants or guests with a relaxing living room, quaint dining room, and a comprehensive kitchen. This ADU would even have its own dedicated address for an extra level of privacy. Situated in a gorgeous Altadena community, minutes from JPL, this single-family home and accompanying ADU are within reach to the right savvy investor.

Last Agent to Sell the Property

Marlin Dginguerian

JohnHart Real Estate License #01930762 Listed on: 01/04/2024

JohnHart Real Estate

Last Buyer's Agent

Elizabeth Hall

JohnHart Real Estate License #01945491

JohnHart Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,530

Year Built

  • Built in 1952

Lot Details

  • 7,598 Sq Ft Lot
  • Cul-De-Sac
  • Corner Lot
  • Lawn
  • Back and Front Yard
  • Density is up to 1 Unit/Acre
  • Property is zoned LCR175

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,288 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms | 5 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • Parking Available
  • Driveway

Outdoor Features

  • In Ground Pool
  • Exterior Lighting

Additional Features

  • Suburban Location
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot A
  • Tax Tract Number 777
  • Assessor Parcel Number 5841020009
  • $652 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,530

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Zoning: LCR175
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5841020009
  • Year Built: 1952
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1288.00 Square Feet
  • Stories: 1
  • Entry Location: level
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 4
  • Main Level Bedrooms: 5
  • Price Per Square Foot: 776.40
  • Room Type: Kitchen, Living Room

Exterior Features

  • Pool Features: Private, In Ground
  • Pool Private: Yes

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights, Suburban

Schools

  • School District: Pasadena Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Back Yard, Corner Lot, Cul-De-Sac, Front Yard, Lawn
  • Lot Size Sq Ft: 7598.00
  • Lot Size Acres: 0.1744

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7598.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 4602.00
  • Tax Lot: A
  • Tax Tract Number: 777
  • TaxOtherAnnualAssessmentAmount: 652.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2024
Closed on
Jan 17, 2024
Sold by
California Investment Real Estate Talent
Bought by
Hall Brian William and Hall Elizabeth
Seller's Agent
Marlin Dginguerian
JohnHart Real Estate
Buyer's Agent
Elizabeth Hall
JohnHart Real Estate
List Price
$1,000,000
Sold Price
$1,000,000
Views
63
Current Estimated Value
$801,325

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$198,675
Avg. Annual Appreciation
-12.49%
Original Mortgage
$950,000
Outstanding Balance
$932,278
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
-$130,953

Purchase Details

Closed on
Apr 12, 2022
Sold by
Brown Vance C
Bought by
California Investment Real Estate Talent Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,000
Interest Rate
4.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 5, 1998
Sold by
Brown Vance C
Bought by
Brown Vance C and Brown Amanda J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
7.11%
Source: Public Records

Range of Values:

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Average Value
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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
Hall Brian William $1,000,000 Lawyers Title Company
California Investment Real Estate Talent Inc $800,000 Lawyers Title
California Investment Real Estate Talent $800,000 Lawyers Title
Brown Vance C -- North American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hall Brian William $950,000
Previous Owner California Investment Real Estate Talent $640,000
Previous Owner Brown Vance C $30,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/13/2024 02/13/24 Sold $1,000,000 0.0% $776 / Sq Ft
01/04/2024 01/04/24 For Sale $1,000,000 -- $776 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $11,530 $1,020,000 $816,000 $204,000
2024 $11,530 $984,218 $639,846 $344,372
2023 $11,430 $964,920 $627,300 $337,620
2022 $1,303 $66,707 $15,445 $51,262
2021 $1,193 $65,400 $15,143 $50,257
2019 $1,158 $63,462 $14,695 $48,767
2018 $1,045 $62,218 $14,407 $47,811
2016 $994 $59,804 $13,849 $45,955
2015 $983 $58,906 $13,641 $45,265
2014 $978 $57,753 $13,374 $44,379
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: GD24001861

California Regional Multiple Listing Service (CRMLS)

APN: 5841-020-009