221 South Marengo is a well located condo complex in Madison Heights, blocks away from Old Town Pasadena, Colorado Paseo, and the Metro.
It may be the most inexpensive condominium in Madison Heights, and may be one of the best deals.
Since it is considered a co-op, purchasers own a percentage of the building rather than the “condo itself.” For this reason, financing for these condos are limited. The down payment must be significantly higher, or someone may have to purchase the condo with all-cash. This results in a reduced price for buyers.
Much of the building’s outside has been refurbished for a nicer look. Interior features include hardwood floor, and laundry for some of the units.
Units also come with a garage that can fit one car.
To get more information about this building, or take a tour, call (626) 921-5060 or fill out this form.
Property Details:
Year Open: 1953
Mills Act: No
Balcony: Some
Studio Avg Price:
1 bedroom Avg Price: $240,000
2 bedroom Avg Price:
3 bedroom Avg Price:
Financing: Limited Financing - Own Your Own
HOA: $275
Pool: No
Jacuzzi: No
Business Center: No
Owner Parking: 1 Car Garage
Guest Parking: No
24 Hour Attendant: No
Security Guard: No
Floors: 2
Units: 16
Property Photos:
Property Map: 221 South Marengo Avenue, Pasadena, CA 91101