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Pasadena

708 N Marengo

About This Property

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.

Neighborhood

This property is located in Pasadena. Want to learn more about the area?

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Listing courtesy of Hoag Property Management

Listing data from CRMLS. Deemed reliable but not guaranteed.

Asking Price

$2,150,000

Est. Monthly Payment

$13,738/mo

20% down · 6.5% rate · 30yr

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Listing Agent

Jerry Reyes

Hoag Property Management