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Image 1 - 953 S Marengo Ave, Pasadena, California, 91106 - House for sale
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S Marengo Ave, Pasadena, Home For Sale
953 S Marengo Ave, Pasadena, California, 91106

S Marengo Ave, Pasadena, Home For Sale

house for sale
Listed: 07/17/24

953 S Marengo Ave, Pasadena, California, 91106

7 Bed:
5 Bath:
3,722 Sq Ft Living Area:
Save
Price
$ 2,03M

About This House

5% Current cap rate and significant capital improvements including updated electrical, new drain lines, copper plumbing, freshly painted buildings with new roofs, and beautiful landscaping, located in the most desirable area of pasadena ! | Built in 1946 on a large11, 887square foot lot, 953-961 SMarengo Ave is a five-unit multifamily property, comprised of three buildings, with a total building size of3, 722square feet. The well-maintained property is separately metered for gas and electric and offers both garage and uncovered parking. An existing pad, ideal for an ADU unit (buyer to independently confirm), separates the two front buildings from the rear structure. The property offers an ideal unit mix of a freestanding two-bedroom/one-bathroom front house and four one-bedroom/one-bathroom units. Units …  Full description

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Madison Heights Housing & Living

Household Income

Median household income: $76,264
Number of households: 54,734
The average household income in Pasadena, CA grew from $73,029 to $76,264 in the past year. This data is an estimate based upon 54,734 households in Pasadena, CA.
The chart below presents how household income is distributed in Pasadena, CA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Pasadena, CA compared to median property taxes around the country. The prevalent amount of property taxes in Pasadena, CA equals $3k+ , which is more than the national average.