Prime Pasadena multifamily INCOME or RM 32 DEVELOPMENT w/office overlay Opportunity! Two 4-plex property on a lot, total 8 units. 4 units in 731 S. Marengo Ave, 4 units in 191 E. Fillmore St. Fabulous location & great upside potential! Value add w/under market rents. 2 four plexes , 1 APN. Corner, 'street to alley'. Only 0.2 miles to Fillmore Gold Line Station. 1 mile to Old Town Pasadena's award winning dining, shopping & entertainment. 84 Walk score & close to 210, 134 and 110 to downtown Los Angeles. Built in 1953, 191 E Fillmore is a 4 Plex with 1+1 mix and 5 separate 1 car garages adjacent to alley & parking lot for retail at S. Arroyo Parkway. 731 S. Marengo is a Craftsman style SFR built in 1905, divided into 4 plex (Mix is 1+1), full unused Basement w/ windows. May qualified for TOD density bonus possibilities allowed under State regulations & Fair Oaks Specific Plan.
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