405 N Marengo Ave, Pasadena, California, United States

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Home For Sale

$4,475,000

405 N Marengo Ave
Pasadena, California, United States

17bd 16ba

Listed By: Realtyww Info

Listed On: 08/30/2024

Listing ID: GL11369634 View More Details

Description

We are pleased to present our newest offering in the beautiful city of Pasadena. This appealing 14-unit property is nestled in the 91101 Zip Code, surrounded mostly by residential homes in a quaint pocket of the city. Being only a few blocks away from Pasadena city hall and downtown Pasadena, this property boasts easy access to the freeway, and the city's newest and prevalent attractions alike. Offered at an extremely attractive 5% cap rate, 405 N Marengo Street is an invaluable investment for first time buyers or veteran investors alike. With an average square footage of approximately 750 SQ/FT per unit, each unit possesses ample living spaces for modern design and comfortable living. Don't miss the opportunity to acquire a pride of ownership asset in the highly coveted city of Pasadena, with substantial day one income and potential for massive future growth.

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Listed by: Jonathan Weir