NOT LISTED FOR SALE

752 N Marengo Ave Pasadena, CA 91103

Orange Heights Neighborhood
6 Beds
5 Baths
2,565 Sq Ft
0.33 Acres

Last Sold June 22, 2015

Last sale price $865,000 $337 Per Sq Ft

64 Days on Market

About This Home

As of June 2015

752 & 760 N. Marengo Avenue For Sale. Excellent income property and development opportunity in Northwest Pasadena. This 5-unit, multi-family building is fully occupied and in a high-demand rental area. The property consists of 4 units and one 1 small house. There is a carport in the back with on-site parking. Buyer may also increase income by installing community laundry machines in on-site laundry room. There is room to improve the rents and potentially develop the property for a higher use. Buyer to verify all uses and information provided. Please do not disturb occupants. Buyer to cooperate with Seller's 1031 exchange.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1954

Lot Details

  • 0.33

Interior Spaces

  • 2,565 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Bathrooms

Parking

  • 4 Parking Spaces
  • Carport

Additional Features

  • 0.33 Acre Lot
  • Air Conditioning

Community Details

  • 2 Buildings
  • 5 Units

Listing and Financial Details

  • Assessor Parcel Number 5725-020-004

Property Details

Home Type

Multi-Family

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 2565
  • Stories: 2
  • Year Built: 1954
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 6
  • Total Bathrooms: 5.00
  • Price Per S Q F T: 345.03

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Carport
  • Total Parking: 4

Utilities

  • Cooling: Air Conditioning
  • Heating: Combination

Lot Info

  • Assessed Improvement Value: 210891
  • Assessed Land Value: 150634
  • Assessor Parcel Number: 5725-020-004
  • Geocode Override: No
  • Lot Size Area: 14410

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 14.75
  • Number Of Units: 5
  • Type Of Units: Residential
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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
06/22/2015 06/22/15 Sold $865,000 -2.3% $337 / Sq Ft
05/11/2015 05/11/15 Pending -- -- --
03/08/2015 03/08/15 For Sale $885,000 -- $345 / Sq Ft
Source: The MLS

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 $12,522 $1,039,593 $799,226 $240,367
2024 $12,522 $1,019,209 $783,555 $235,654
2023 $12,415 $999,226 $768,192 $231,034
2022 $11,997 $979,634 $753,130 $226,504
2021 $11,509 $960,426 $738,363 $222,063
2020 $11,073 $950,814 $730,792 $220,022
2019 $11,096 $932,176 $716,463 $215,713
2018 $11,268 $913,903 $702,415 $211,488
2016 $10,888 $878,191 $675,141 $203,050
2015 $5,189 $368,747 $153,643 $215,104
2014 -- $361,525 $150,634 $210,891
Source: Public Records

Map

Source: The MLS

MLS Number: 15-885129

The MLS
California Los Angeles County Pasadena 91103 Orange Heights

752 N Marengo Ave, Pasadena, CA

Not Listed for Sale

MultiFamily

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