Property profile

540 Marengo Ave Pasadena, CA 91101

OFF-MARKET
Office buildings
Property ID
US10-0318711
2,898 SF 0.21 ac lot Built 1920
Individually Owned 9-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1920
Construction WOOD
Total area 2,898 SF
Lot 0.21 ac (9,306 SF)
Zoning code PSC*
APN 5722-017-001
UPID US10-0318711

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Charitable Organization Social Service Agency

Location

540 Marengo Ave Pasadena, CA 91101-3130
Pasadena metro Census 463602 LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.02M
Comparable Approach Comparable
by Request
Blend (final) Blend
$740k

Owner & transaction history

since 2017
7 recorded transactions
2017
$1.6M
2007
Price N/A
2004
Price N/A
2001
Price N/A
2001
Price N/A
2000
$735,000
1969
Price N/A

Zoning & alternative use

PSC* · Pasadena, CA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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