NOT LISTED FOR SALE

2948 N Marengo Ave Altadena, CA 91001

Altadena Area

Estimated Value: $791,000 - $1,711,692

4 Beds
3 Baths
2,166 Sq Ft
$576/Sq Ft Est. Value

Sale Details

Date Sold: February 24, 2022

Last sale price $1,310,000 $605 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $7,560 / mo

7 Days on Market

Highlights

  • 0.46 Acre Lot
  • Bonus Room
  • Den
  • Wood Flooring
  • Sun or Florida Room
  • Breakfast Area or Nook

About This Home

As of February 2022

Situated within the foothills of the San Gabriel Mountains, this two unit income property is awaiting your vision to maximize its potential. There are two detached homes and two detached garages on an approximately 20,121 sq. ft lot. The front unit (approx. 1,301 sq. ft) consists of two bedrooms & one and one-half bathrooms with a bonus room that could be used as a third bedroom and the rear unit (approx. 864 sq. ft) consists of two bedrooms & one bathroom. The vastness of the lot presents diverse possibilities to make it your own spectacular investment property. Location, Location, Location! The property address is less than three miles from I-210 which gives you easy access to Arcadia, Burbank, Glendale, and Downtown Los Angeles. Short commute to beautiful neighboring cities like La Canada Flintridge and Pasadena. Being at the foot of the Angeles National Forest, you can enjoy many of the hiking trailheads to satisfy your adventurous side. Delight in the scenery of Christmas Tree Lane on your way to support small businesses (shopping, dining, entertainment, etc.) from the array of options that Fair Oaks Ave. and Lake Ave. has to offer. This property is an excellent addition to any portfolio!

Last Agent to Sell the Property

Japeth Carter

Coldwell Banker Realty License #01976951 Listed on: 01/19/2022

Last Buyer's Agent

Jennifer Grassi

License #01493356

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Details

Home Type

  • Single Family

Year Built

  • Built in 1949

Lot Details

  • 20,121 Sq Ft Lot
  • Back and Front Yard
  • Property is zoned LCR175

Parking

  • 2 Car Detached Garage
  • 4 Open Parking Spaces
  • Circular Driveway
  • Guest Parking
  • On-Street Parking

Home Design

  • Fixer Upper

Interior Spaces

  • 2,166 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Ceiling Fan
  • Family Room with Fireplace
  • Dining Area
  • Den
  • Bonus Room
  • Workshop
  • Sun or Florida Room

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Gas Cooktop
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Utilities

  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5841-019-006

Home Details

Home Type

Single Family

Year Built

Built in 1949

Lot Details

0.46 Acres

Parking

2

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Advertising Remarks: Situated within the foothills of the San Gabriel Mountains, this two unit income property is awaiting your vision to maximize its' potential. There are two detached homes and two detached garages on an approximately 20,121 sq. ft lot. The front unit (approx. 1,301 sq. ft) consists of two bedrooms & one and one-half bathrooms with a bonus room that could be used as a third bedroom and the rear unit (approx. 864 sq. ft) consists of two bedrooms & one bathroom. The vastness of the lot presents diverse possibilities to make it your own spectacular investment property. The property address is less than three miles from I-210 which gives you easy access to Arcadia, Burbank, Glendale, and Downtown Los Angeles. Short commute to beautiful neighboring cities like La Canada Flintridge and Pasadena. This property is an excellent addition to any portfolio!
  • Living Area: 2166
  • Lot Acreage: 0.4619
  • Probate: No
  • Property Condition: Fixer
  • Stories: 1
  • Year Built: 1949
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Built-Ins
  • Fireplace Rooms: Family Room
  • Flooring: Hardwood, Tile
  • Appliances: Cooktop - Gas
  • Bedrooms: 4
  • Common Walls: Detached/No Common Walls
  • Bathroom Features: Shower and Tub
  • Laundry: In Unit
  • Total Bathrooms: 3.00
  • Equipment: Ceiling Fan, Dishwasher, Refrigerator, Range/Oven, Washer, Dryer
  • Price Per S Q F T: 553.09

Exterior Features

  • Other Features: Two On A Lot
  • Other Structures: Other
  • Pool: No
  • Spa Yn: No

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 4
  • Garage Structures: 2
  • Parking Garage: Circular Driveway, Detached, Driveway, Garage, Parking for Guests - Onsite, On street
  • Total Parking: 6

Utilities

  • Cooling: Ceiling Fan
  • Heating: Fireplace, Wall Gas

Lot Info

  • Assessed Improvement Percent: 31.00
  • Assessed Improvement Value: 107470
  • Assessed Land Percent: 69
  • Assessed Land Value: 239233
  • Total Assessed Value: 346703
  • Assessor Parcel Number: 5841-019-006
  • Lot Description: Back Yard, Front Yard
  • Lot Size Area: 20121

Rental Info

  • Land Lease Type: Fee

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Type Of Units: SFR

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Altadena, CA

  • Brooke Dianich Real Estate Agent - Keller Williams Luxury

    Brooke Dianich

    Keller Williams Luxury

    (424) 842-2611

    39 Total Sales

    2 in Altadena

    $390,000 Price Range

    Brooke Dianich
     Section Image
  • Barry Gray Real Estate Agent - Compass

    Barry Gray

    Compass

    (213) 529-3954

    32 Total Sales

    2 in Altadena

    $1M - $1.1M Price Range

    Barry Gray
     Section Image
  • Colin Hoffmeister Real Estate Agent - eXp Realty of California Inc

    Colin Hoffmeister

    eXp Realty of California Inc

    (424) 414-2133

    16 Total Sales

    2 in Altadena

    $1M - $1.8M Price Range

    Colin Hoffmeister
     Section Image
  • Leah Dilbeck Real Estate Agent - Engel & Völkers La Canada

    Leah Dilbeck

    Engel & Völkers La Canada

    (626) 414-5224

    19 Total Sales

    2 in Altadena

    $1,224,000 Price Range

    Leah Dilbeck
     Section Image
  • Lori Alvarez Real Estate Agent - REAL ESTATE RESOLVED

    Lori Alvarez

    REAL ESTATE RESOLVED

    (909) 317-3786

    189 Total Sales

    2 in Altadena

    $890K - $1.2M Price Range

    Lori Alvarez
     Section Image
  • Josh Stein-Sapir Real Estate Agent - Keyes Real Estate

    Josh Stein-Sapir

    Keyes Real Estate

    (562) 456-3475

    137 Total Sales

    1 in Altadena

    $1,420,000 Price

    Josh Stein-Sapir
     Section Image
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Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
02/24/2022 02/24/22 Sold $1,310,000 +9.3% $605 / Sq Ft
01/26/2022 01/26/22 Pending -- -- --
01/19/2022 01/19/22 For Sale $1,198,000 -- $553 / Sq Ft
Source: The MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $7,420 $633,223 $633,223
2025 $7,420 $620,807 $620,807
2024 $16,130 $1,362,924 $936,360 $426,564
2023 $15,900 $1,336,200 $918,000 $418,200
2022 $4,934 $353,636 $244,017 $109,619
2021 $4,634 $346,703 $239,233 $107,470
2020 $4,475 $343,149 $236,780 $106,369
2019 $4,478 $336,422 $232,138 $104,284
2018 $4,354 $329,827 $227,587 $102,240
2016 $4,207 $317,021 $218,750 $98,271
2015 $4,163 $312,260 $215,465 $96,795
2014 $4,101 $306,144 $211,245 $94,899
Source: Public Records

Agents Affiliated with this Home

  • JC

    Seller's Agent in 2022

    Japeth Carter

    Coldwell Banker Realty

  • JG

    Buyer's Agent in 2022

    Jennifer Grassi

See All Agents

Map

Source: The MLS

MLS Number: 22-117517

The MLS

APN: 5841-019-006

California Los Angeles County Altadena 91001

2948 N Marengo Ave, Altadena, CA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

The MLS © 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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