Map of Property

7-Unit Apartment in Prime Pasadena

850 N Marengo Ave, Pasadena, CA 91103

  • For Sale $2,995,000
  • Property Type Other
  • Lot Size 9,307 SF
  • Additional Rent Contact for pricing
  • Parking Spaces Avail. 8
  • Year Built 1958
  • Date Updated Dec 15, 2024

Colliers International’s Ghobadi Multifamily Team is pleased to present 850 N. Marengo Avenue in Pasadena. Built in 1958, this apartment complex comprises three 1-bedroom/1-bathroom units, two 2-bedroom/1-bathroom units and two Studio units totaling approximately 4,809 rentable square feet on a parcel of ±9,307 square feet of land zoned PSR1. All units have been renovated extensively and soft-story retrofit was recently completed. The property also offers eight parking spaces and an on-site laundry facility. The appealing unit mix and desirable Pasadena location make this building a desirable opportunity for investors looking to expand their portfolio. 

The building is positioned in a great centralized area of Pasadena on N. Marengo Avenue between N. Fair Oaks Avenue and N. Los Robles Avenue, providing easy access to the 210 and 134 Freeways. The convenient access to Downtown Pasadena offers many attractions such as charming restaurants, bars, and plenty of shopping options. The site is also near the renowned Rose Bowl Stadium, Brookside Golf Course, Pasadena City Hall, the Playhouse District, Old Town Pasadena, California Institute of Technology and Pasadena City College, all contributing to the ascending demand for rentals in this neighborhood.

Exiting

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Contacts

broker
Reza Ghobadi

Location

Getting Around

  • Walk Score ®

    79/100 Very Walkable

  • Transit Score ®

    51/100 Good Transit

  • Bike Score ®

    90/100 Biker's Paradise
Powered by Walk Score ®
  • City Pasadena, CA
  • Neighborhood Garfield Heights
  • Zip Code 91103
  • Market Los Angeles

Points of Interest

  • Glendale

    6.98 miles

  • Chinatown Station

    8.44 miles

  • Chinatown

    8.45 miles

  • Los Angeles Union Station

    8.84 miles

  • Union Station

    8.84 miles

  • Mariachi Plaza Metro Station Entrance

    8.88 miles

  • Soto Station

    8.89 miles

  • Indiana

    9.13 miles

  • Civic Center/Grand Park

    9.22 miles

  • Civic Center/Grand Park Station

    9.25 miles

  • Mobil

    0.60 miles

  • 76

    0.77 miles

  • Arco

    0.79 miles

  • Shell

    0.81 miles

  • Ralphs Gas Station

    1.00 miles

  • ARCO 54678

    1.08 miles

  • ARCO 42933

    1.47 miles

  • Tesla Supercharger

    9.25 miles

  • ChargePoint

    9.34 miles

  • Parking electrique

    9.63 miles

  • The Carnegie Observatories

    0.76 miles

  • Park & Walk Garages

    1.10 miles

  • Loading Dock

    1.49 miles

  • Student Parking Lot No.10

    1.71 miles

  • The Shops on Lake Avenue

    1.73 miles

  • Parking Structure 1

    1.74 miles

  • Student Parking Lot No.11

    1.75 miles

  • Staff Parking Lot No.1

    1.77 miles

  • Parking Structure 2

    1.82 miles

  • Lot 11

    1.84 miles

  • Residence Inn

    0.77 miles

  • Westin Pasadena

    0.83 miles

  • Courtyard

    0.85 miles

  • Centennial Place

    0.86 miles

  • Hyatt Place Pasadena

    1.10 miles

  • Zinkes Drive Inn

    1.12 miles

  • Sheraton Pasadena Hotel;Sheraton

    1.22 miles

  • Hilton

    1.26 miles

  • Pasadena Hotel & Pool

    1.33 miles

  • Pasadena Inn

    1.49 miles

  • El Dorado Pollos A La Brasa

    0.22 miles

  • La Estrella

    0.22 miles

  • Blaze Pizza

    0.43 miles

  • McDonald's

    0.74 miles

  • Del Taco

    0.75 miles

  • Popeyes

    0.75 miles

  • Marstons

    0.75 miles

  • Roscoe's House of Chicken and Waffles

    0.78 miles

  • KFC

    0.78 miles

  • The Reyn

    0.79 miles

  • Madison Elementary School

    0.32 miles

  • Saint Andrew School

    0.75 miles

  • Pasadena Christian School

    0.80 miles

  • Washington Middle School

    0.85 miles

  • Fuller Theological Seminary in California

    0.91 miles

  • Chandler Day School

    0.98 miles

  • Pacific Oaks College

    1.02 miles

  • Le Cordon Bleu College of Culinary Arts

    1.06 miles

  • California School of Culinary Arts

    1.14 miles

  • Cleveland Elementary School

    1.15 miles

  • Sunrise Preschool

    4.07 miles

  • Artemisia Nursery

    6.42 miles

  • Gates Early Education Center

    6.98 miles

  • Top Kids Pre-School

    7.30 miles

  • Playhouse 4 Kids

    7.49 miles

  • Neighborhood Nursery School

    7.83 miles

  • Disney Day Care

    8.22 miles

  • Centro de Ninos

    8.36 miles

  • San Antonio de Padua Academy Preschool

    8.56 miles

  • Komitas

    9.10 miles

Frequently Asked Questions

How much does 7-Unit Apartment in Prime Pasadena cost?

The space currently listed for sale at 7-Unit Apartment in Prime Pasadena asks for $2,995,000.

What is the total square footage of 7-Unit Apartment in Prime Pasadena?

7-Unit Apartment in Prime Pasadena totals 4,809 square feet.

When was this property built?

7-Unit Apartment in Prime Pasadena was built in 1958.

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Contact Listing Broker
broker
Reza Ghobadi