NOT LISTED FOR SALE
0.29 Acre
-- Price per Acre
12,461 Sq Ft Lot

Last Sold December 22, 2017

Last sale price $2,250,000 $527 Per Sq Ft

97 Days on Market

Highlights

  • Property is near public transit
  • Level Lot
  • 4-minute walk to Fillmore Station

About This Lot

As of December 2017

Tentative Tract map approved by the City of Pasadena for eight (8) townhome condominiums, each with own APN. We are pleased to offer this rare 12,461 sqft development opportunity with 23 bedrooms, 24 bathrooms, garage parking for 16 vehicles on desirable S. Marengo Avenue between California Blvd. and Glenarm St.
Plans for SEVEN 3BR/3BA (1650 sqft, 1650 sqft, 1640 sqft, 1606sqft, 1452sqft, 1452sqft, 1296sqft) and ONE 2BR/2BA (1074 sqft). Convenient Pasadena location near business & shopping districts, minutes to CalTech, Fuller Theological Seminary & PCC campuses, easy access to freeways.
PLEASE refer to the attached 'Supplements' or 'Documents" - Construction Plans & 31-page Geotechnical Engineering Investigation

Last Agent to Sell the Property

Phyllis Lu

Titan One Real Estate License #01526442 Listed on: 09/08/2017

Last Buyer's Agent

Rebecca Lau

IRN Realty License #01347392

IRN Realty

Property Details

Property Type

  • Land

Lot Details

  • 0.29 Acre Lot
  • Level Lot
  • Density is 6-10 Units/Acre
  • Property is zoned PSR*

Location

  • Property is near public transit
  • Suburban Location

Listing and Financial Details

  • Assessor Parcel Number 5720026002

Community Details

Overview

  • Property has a Home Owners Association

Recreation

  • Exterior Lighting

Property Details

Property Type

Land

Lot Details

0.29 Acres

Listing Details

  • View: No
  • Zoning: PSR*
  • Property Type: Land
  • Parcel Number: 5720026002
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 180.56

Utilities

  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 6-10 Units/Acre, Level with Street, Lot 10000-19999 Sqft, Near Public Transit
  • Lot Size Sq Ft: 12461.00

Tax Info

  • Tax Census Tract: 4640.00
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/22/2017 12/22/17 Sold $2,250,000 -15.1% $527 / Sq Ft
12/14/2017 12/14/17 Pending -- -- --
09/08/2017 09/08/17 For Sale $2,650,000 +105.6% $621 / Sq Ft
10/31/2013 10/31/13 Sold $1,289,000 0.0% $302 / Sq Ft View Prior Sale
09/12/2013 09/12/13 Pending -- -- --
09/09/2013 09/09/13 For Sale $1,289,000 -- $302 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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
2021 -- $3,160,304 $2,365,151 $795,153
2020 $33,855 $3,127,900 $2,340,900 $787,000
2019 $26,043 $2,295,000 $2,295,000 $0
2018 $26,508 $2,250,000 $2,250,000 $0
2017 $17,062 $1,361,498 $1,361,394 $104
2016 $16,695 $1,334,802 $1,334,700 $102
2015 $16,504 $1,314,753 $1,314,652 $101
2014 $16,180 $1,289,000 $1,288,900 $100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR17207679

California Regional Multiple Listing Service (CRMLS)
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