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Pasadena, CA

$2,300,000

708 N Marengo, Pasadena, CA
1960
Built
0
Days listed

About this home

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.

Facts & features

Interior
Laundry
None
Exterior & lot
Lot size
0.216 acres (9,404 sq ft)
Year built
1960
Community
Area
646 - Pasadena (NE)
County
Los Angeles
Listing details
Status
Active
Property type
Retail
Days on market
0
Listed
2026-07-08
Parcel #
5725020013
MLS #
DW26148262
Listed by
Jerry Reyes · Hoag Property Management

Location

Price history

Listed
$2,300,000 · 2026-07-08
Days on market
0
Current price
$2,300,000
Financing

Could this home be yours?

Estimated monthly payment
$14,428
$11,630 principal & interest · $2,798 taxes & insurance
$460,000
Estimate only
Loan $1,840,000

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Listing data provided by CRMLS

Listing courtesy of Hoag Property Management. © 2026. The multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. All data, including but not limited to all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. Last updated July 26, 2026 Equal Housing Opportunity.

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