731 S MARENGO AVE

Estimated Monthly Payment: $10,032/mo 731 S MARENGO AVE, Pasadena, CA 91106 MLS# 19492928 Residential Income Listing Status: Active Under Contract
8
8
5,949 sqft
Jennifer Maraia Keller Williams Realty Jennifer Maraia Logo 310-467-1666 mobile: 310-467-1666 Download Our Mobile App Contact Me
60
2
0
0

REMARKS:

Prime Pasadena multifamily INCOME or RM 32 DEVELOPMENT w/office overlay Opportunity! Fabulous location & great upside potential! Value add w/under market rents. 2 four plexes , 1 APN. Corner, 'street to alley'. Only 0.2 miles to Fillmore Gold Line Station. 1 mile to Old Town Pasadena's award winning dining, shopping & entertainment. 84 Walk score & close to 210, 134 and 110 to downtown Los Angeles. Built in 1953, 191 E Fillmore is a 4 Plex with 1+1 mix and 5 separate 1 car garages adjacent to alley & parking lot for retail at S. Arroyo Parkway. 731 S. Marengo is a Craftsman style SFR built in 1905, divided into 4 plex (Mix is 1+1) with a laundry room & full unused Basement w/ windows. Buyer to check TOD density bonus possibilities allowed under State regulations & Fair Oaks Specific Plan. Trust sale, no court confirmation. Buyer to cooperate with Seller's 1031 Exchange. Proforma CAP 5.29 ! 12 luxury townhome construction next door

OVERVIEW:

19-492928:CLAW
Residential Income
Active Under Contract
Pasadena SE
Craftsman
1953
5949
Garage Is Detached, Garage - 4+ Doors, On street
5
Wall Gas
Wall Gas
Wall Unit(s)
Landscaped, Lawn, Sidewalks, Single Lot, Street Lighting, Street Paved, Walk Street
Alley Access, Corner Lot, Near Public Transit

FEATURES:

Other, Basement
Range

ROOM INFO:

8
8
8
Community, Inside

FINANCIAL:

$2,200,000
$123,248

NEIGHBORHOOD & SCHOOL INFORMATION:

Broker Reciprocity Courtesy of Jennifer R. Maraia - Keller Williams Realty Calabasas

 

 

 

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CARETS, California Real Estate Technology Services, is a consolidated MLS property listing data feed comprised of CLAW (Combined LA/Westside MLS), CRISNet MLS (Southland Regional AOR), i-Tech MLS (Glendale AOR/Pasadena Foothills AOR) and VCRDS (Ventura County Regional Data Share). 

 

Data last updated: 09/16/2019