NOT LISTED FOR SALE

2948 N Marengo Ave Altadena, CA 91001

Altadena Area

Estimated Value: $819,000 - $1,711,692

4 Beds
3 Baths
2,166 Sq Ft
$581/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 $8,090 / 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

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

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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

Agents Affiliated with this Home

  • J

    Seller's Agent in 2022

    Japeth Carter

    Coldwell Banker Realty

  • J

    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.
Information is deemed reliable but not guaranteed.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.