Katie Manes
Keller Williams Realty
(626) 779-8568
24 Total Sales
1 in Northwest Pasadena
$1,688,000 Price
583 N Marengo Ave Pasadena, CA 91101
Northwest Pasadena Neighborhood
16
Beds
10
Baths
7,566
Sq Ft
0.38
Acre Lot
Highlights
- 16,649 Sq Ft lot
- 2 Car Detached Garage
- Laundry Room
About This Home
As of October 2014Close to OLD TOWN, Up and Coming Area of Pasadena - SELLER FINANCING - Bring an Offer!! Cap Rate & GRM are based on Realistic Market Rents of $1350 for 2+1s and $1450 for 2+1.5 Townhouse units. This is a great opportunity to acquire an eight (8) unit apartment property with REALISTIC UPSIDE in a strong rental area of Pasadena. The property consists of ALL spacious 2 Bedroom Units. 4 units have 1 bathroom and 4 are two-story townhouse style units with 1.5 bathrooms. It is situated on a large 16,600 lot with enclosed garages in the back. All the units have Washer machine hookups in kitchen and separate water heaters for each unit. Located in a strong rental location, this property has a lot of upside and value-add potential, perfect for Seller Carry. Please call or email for more details.
Last Agent to Sell the Property
Realty Investment Advisors, Inc. License #01784652 Listed on: 05/16/2014
Last Buyer's Agent
Soung Lee
California Mutual Realty License #00698945
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1953
Lot Details
- 16,649 Sq Ft Lot
Parking
- 2 Car Detached Garage
Interior Spaces
- 7,566 Sq Ft Home
- 2-Story Property
- Disposal
Bedrooms and Bathrooms
- 16 Bedrooms
- 10 Bathrooms
Laundry
- Laundry Room
- Leased Washer and Dryer
Utilities
- Cooling System Mounted To A Wall/Window
- Heating System Mounted To A Wall or Window
Community Details
- 4 Buildings
- 8 Units
Listing and Financial Details
- Assessor Parcel Number 5725-015-038
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Northwest Pasadena, CA
-
Katie Manes
-
Lori Alvarez
Lori Alvarez
REAL ESTATE RESOLVED
(909) 317-3786
186 Total Sales
1 in Northwest Pasadena
$638,000 Price
-
James Darby
James Darby
USAFC Realty
(619) 693-1374
56 Total Sales
1 in Northwest Pasadena
$665,000 Price
-
Michael Mucino
Michael Mucino
CAMDEN MCKAY REALTY
(909) 341-1278
128 Total Sales
1 in Northwest Pasadena
$1,363,000 Price
-
Sal Salinas
Sal Salinas
RE/MAX Galaxy
(323) 827-7679
50 Total Sales
1 in Northwest Pasadena
$716,600 Price
-
CHEVY ALA
CHEVY ALA
HOMEQUEST REAL ESTATE
(626) 602-8465
20 Total Sales
1 in Northwest Pasadena
$650,000 Price
Purchase 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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $1,700,000 | Fidelity National Title Co | ||
| Castillo Carol A | -- | None Available | |
| Castillo Carol A | -- | -- |
Source: Public Records
Mortgage 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 | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $1,350,000 | ||
| Closed | Marengo Llc | $440,000 | |
| Open | Nadeem Chisti M D Inc | $2,600,000 | |
| Closed | 583 Marengo Llc | $1,120,000 |
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 |
|---|---|---|---|---|
| 10/31/2014 10/31/14 | Sold | $1,600,000 | -23.6% | $211 / Sq Ft |
| 10/29/2014 10/29/14 | Pending | -- | -- | -- |
| 05/16/2014 05/16/14 | For Sale | $2,095,000 | -- | $277 / 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 | $25,367 | $2,083,999 | $1,348,471 | $735,528 |
| 2025 | $25,367 | $2,043,137 | $1,322,031 | $721,106 |
| 2024 | $24,188 | $2,003,076 | $1,296,109 | $706,967 |
| 2023 | $23,988 | $1,963,801 | $1,270,696 | $693,105 |
| 2022 | $23,180 | $1,925,296 | $1,245,781 | $679,515 |
| 2021 | $22,232 | $1,887,546 | $1,221,354 | $666,192 |
| 2019 | $21,424 | $1,831,563 | $1,185,129 | $646,434 |
| 2018 | $21,673 | $1,795,651 | $1,161,892 | $633,759 |
| 2016 | $20,946 | $1,725,925 | $1,116,775 | $609,150 |
| 2015 | $22,413 | $1,700,000 | $1,100,000 | $600,000 |
| 2014 | $9,963 | $741,674 | $265,440 | $476,234 |
Source: Public Records
Agents Affiliated with this Home
-
Alexander Metaxas
Seller's Agent in 2014
Alexander Metaxas
Realty Investment Advisors, Inc.
(626) 487-4300
38 Total Sales
-
SL
Buyer's Agent in 2014
Soung Lee
California Mutual Realty
Map
Source: The MLS
MLS Number: 14-761573
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© 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.
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