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583 Marengo Ave
Pasadena, CA 91101
Multifamily Property For Sale
·
8 Units
Investment Highlights
- 8-unit multifamily building for sale with huge upside and rental growth potential.
- Situated 1 mile from Old Town Pasadena and the 210/134 Freeways.
- 100% occupied multi-unit building with strong returns located in beautiful Pasadena.
- Proximity to many local eateries, shops and more.
Property Facts
| No. Units | 8 | Building Size | 7,566 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1953 |
| Building Class | C | Parking Ratio | 2.11/1,000 SF |
| Lot Size | 0.38 AC | ||
| Zoning | PSR1 - Low Density Residential | ||
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.38 AC |
| Building Size | 7,566 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1953 |
| Parking Ratio | 2.11/1,000 SF |
| Zoning | PSR1 - Low Density Residential |
Amenities
Unit Amenities
- Balcony
- Washer/Dryer Hookup
- Kitchen
- Patio
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 4 | $1,731 | - |
| 2+2 | 4 | $1,810 | - |
Property Taxes
| Parcel Number | 5725-015-038 | Improvements Assessment | $721,106 |
| Land Assessment | $1,322,031 | Total Assessment | $2,043,137 |
Property Taxes
Parcel Number
5725-015-038
Land Assessment
$1,322,031
Improvements Assessment
$721,106
Total Assessment
$2,043,137
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