39
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$1,699,000
Est. payment /mo
5 Beds
4 Baths
3,426 SqFt
New
779 N Marengo Pasadena, CA 91103
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Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 3,426 sqft
Price per Sqft $495
MLS Listing ID PW26239858
Bedrooms 5
Full Baths 4
Year Built 1920
Lot Size 38.860 Acres
Property Sub-Type Detached
Property Description
ONE-OF-A-KIND opportunity in Pasadena's Villa Parke neighborhood. Dreaming of a storybook home full of timeless charm? Or a rare multi-family lot to build your next income property? This 14,927 SF RM-32 property offers both. For the homeowner: hidden behind a lush natural hedge, this early-1900s classic feels like a scene from a romantic movie, complete with its own Romeo-and-Juliet balcony and walls of windows that pour in natural light. Approx. 3,426 SF with 5 bedrooms and 4 baths, ready for a full renovation, plus a sweeping backyard with room for ADUs or limitless potential to shine. For the investor: preliminary 8-unit plans are ready to go, with potential for 20+ units through state density bonus incentives for affordable housing . The City confirmed in 2021 that the home is not a historic landmark, giving you the flexibility to redevelop. Villa Parke is one of Pasadena's most walkable neighborhoods, minutes from the cafs, boutiques, and dining of Old Pasadena, the Metro A Line, and the 210, with Caltech, JPL, ArtCenter, and Huntington Hospital nearby. Lots like this rarely come to market. Schedule your private showing before this dream to be opportunity is gone.
Location
State CA
County Los Angeles
Direction on n marengo ave
Interior
Cooling Central Forced Air
Fireplaces Type FP in Family Room, Bonus Room
Fireplace No
Exterior
View Y/N Yes
Water Access Desc Public
View Neighborhood
Building
Story 2
Sewer Public Sewer
Water Public
Level or Stories 2
Others
Senior Community No
Tax ID 5725010032
Acceptable Financing Conventional
Listing Terms Conventional
Special Listing Condition Standard
Listed by Minnie Kim, DRE#02085118 Premier Realty
Co-listed byNON LISTED OFFICE
Co-listed byNON LISTED OFFICE
NEARBY SCHOOL & BUSINESS
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