Property Listing No Longer Available for Sale

708 N. Marengo Avenue, East Pasadena, CA

Others for Sale - $1,875,000


Property Info

CIMLS#1085909
Location
  708 N. Marengo Avenue
  East Pasadena CA 91103
UpdatedDecember 1st, 2021
TypeOthers
Price$1,875,000

Property Description

Marina's Offered for sale is a free standing commercial mixed-use office/retail building in Pasadena, located on the signalized corner of Marengo Avenue and Orange Grove Blvd. The subject property consists of 4,344 square feet constructed in 1960 and zoned PSC*. Situated on a 9,408 parcel. There are eight on-site parking spaces and one handicap parking space. The building consists of ten office/retail spaces with seven separate long-term tenants. There is both an interior and exterior stairway to the second floor, two restrooms and one tenant kitchenettes on both floors. Investment highlights include; Ingress and Egress from Orange Grove Blvd., a well maintained structure and grounds, 100% long term tenancy, a signalized corner location, excellent north Pasadena traffic arteries, excellent Garfield, Olive and Orange Heights demographics and a prime location in this area of Pasadena. Please contact listings agents for additional information and also refer to Offering Memorandum attached.



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