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$ 2,300,000
Est. payment /mo
New
708 N Marengo Pasadena, CA 91103
9,404 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID DW26148262
HOA Y/N No
Year Built 1960
Lot Size 9,404 Sqft
Property Sub-Type Retail
Property Description
Located in the vibrant heart of Pasadena, this exceptional 4,344 square foot corner commercial building presents a rare investment opportunity in one of Southern California's most desirable business districts. Positioned on a highly visible corner lot, the property benefits from strong street presence, steady foot traffic, and convenient accessibility for both customers and tenants.
The building consists of five (5) established tenants, providing immediate and stable income for investors seeking a well-performing asset in a prime location. Each tenant enjoys functional layouts designed for efficient business operations, while the diverse tenant mix contributes to consistent occupancy and long-term stability.
A major advantage of the property is its private on-site parking, a valuable amenity in a dense urban setting like Pasadena. This feature enhances tenant convenience and customer accessibility, further strengthening the property's appeal.
With its prime corner location, full occupancy, and strong income potential, this Pasadena property represents an outstanding opportunity for investors looking to acquire a well-positioned commercial asset in a thriving market.
The building consists of five (5) established tenants, providing immediate and stable income for investors seeking a well-performing asset in a prime location. Each tenant enjoys functional layouts designed for efficient business operations, while the diverse tenant mix contributes to consistent occupancy and long-term stability.
A major advantage of the property is its private on-site parking, a valuable amenity in a dense urban setting like Pasadena. This feature enhances tenant convenience and customer accessibility, further strengthening the property's appeal.
With its prime corner location, full occupancy, and strong income potential, this Pasadena property represents an outstanding opportunity for investors looking to acquire a well-positioned commercial asset in a thriving market.
Location
State CA
County Los Angeles
Area 646 - Pasadena (Ne)
Interior
Fireplace No
Laundry None
Building
Lot Description Corner Lot
Story 2
Water Public
Others
Tax ID 5725020013
Special Listing Condition Standard
Listed by Jerry Reyes Hoag Property Management 323-300-4624, DRE #01492747
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