Home for Sale at 1811 Marengo Avenue, South Pasadena, CA 91030

1811 Marengo Avenue
South Pasadena, CA 91030

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Property Details

List Price:	$1,390,000
Beds:	2
Baths:	2
Status:	Active
SqFt:	1808
Agency:	Rodeo Realty

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Description/Comments

Lot Size:	7,201 sqft
Property Type:	MultiFamily
Year Built:	1924
Notes:	Call Jennifer for any questions at 818-425-7907. Wonderful duplex in South Pasadena! Spanish-style, circa 1924 with amazing character and many upgrades! 1811 & 1813 Marengo Avenue, just north of Huntington Drive. Each unit is a roomy 1 bedroom, 1 bath with their own private backyard! There is also a separate yard area which is shared. 2-car garage too. Total square footage per tax assessor is 904 in each unit. Total square footage is 1808. Unit # 1813 has a built-in fireplace in the living room w/a 2 door large storage closet with built-in exterior shelving, refinished hardwood floors, a dining area, coved ceiling in the living room and dining area, kitchen with breakfast nook or workspace area, a utility area, with a stackable washer & dryer & a fridge, a bedroom, an upgraded full bath w/a new window & 2 mini splits. 1811 has refinished hardwood floors, a living room & dining area & coved ceilings, a kitchen with a built-in breakfast nook, quartz countertop & tile backsplash, a utility area with a washer & fridge, a bedroom and a full bath with a tile floor & 2 mini splits! The living room has a walk-in closet. See all of the pics that note all of the upgrades to the units, including updated electrical wiring throughout, insulation in attic was redone, as well as added under floors & inside shared wall between units for sound proofing. A coat of sealer on the roof was added. A tankless hot water heater was added to unit 1811. Light fixtures were replaced inside and outside. Outdoor awnings were replaced. Tenants pay for their own utilities. Common utilities in common areas are paid by the landlord. Wonderful walking neighborhood. South Pasadena Senior High School, Middle School & Elementary school are all within walking distance. Lovely Garfield Park offers tennis courts, a looped path, a playground & a meditative garden space. Award winning South Pasadena Farmer's Market on Thursdays. Nearby shops, restaurants and popular coffee shops!
MlsNumber:	SR24090346

Listing Provided By:	Rodeo Realty, original listing
Name:	Rodeo Realty
Phone:	(310) 471-2600
Office Name:	Rodeo Realty
Office Phone:	(818) 349-9997
Agent Name:	Jennifer Wardell
Disclaimer:	Copyright Â© 2024 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

HUD Foreclosures

HUD foreclosures and VA Foreclosures are some of the best homes to buy when price is part of the equation. As with most Americans, price is always a concern. If not buying the same house for less, why not buy more house for the same dollar invested? When looking for a good deal it is hard to do better than the VA or HUD foreclosures market. The simple truth is that there are just more VA and HUD homes on the market, as they represent such a large number of mortgages that are generated each year. This translates into more foreclosures just by the magnitude of difference between all others comparing to the two largest.

The two largest also being government owned and operated means that they have less time to wait to make money back on the home. The FHA is especially known for selling HUD homes for less than the average sales price in a given area. FHA foreclosures represent a fraction of HUD but they are still a significant number of homes and both should be considered.

VA (Veterans Administration) and HUD (Housing and Urban Development) have different and unique opportunities for the buyer. Both are often forgiven for the local taxes normally associated with the purchase of a home (this is on a county by county basis). Be sure to ask the local title company or escrow company to look into it for you before closing as this is often missed due to their are not used to dealing with the 2 to 3 percent of the market that VA and HUD foreclosures represent.

Free Foreclosure Listings

USHUD.com is a website that simplifies the process of finding foreclosures and HUD properties. Everyone thinks they are a real estate web surfing pro until they search for foreclosure homes and stumble upon a numerous sites that want to charge a fee to see their listings. With USHUD.com that’s not the case. When searching for HUD properties or a home finding website for foreclosure it is important to know what you are looking for. It is important to use a niche company that specializes in foreclosures like USHUD.com. We have put together 2 tools that have made the real estate search process of our website much easier to navigate. The Homesearch online tool is filled with foreclosure lists and free listings of hud homes for sale. Most of our users start with a broad search with the homesearch online tool to see the most HUD properties and foreclosure lists in your area and narrow their search down with the Homefinder online tool. The homefinder online tool is a custom filter system that we breakdown the area based upon filters such as convention and foreclosure listings. This give you the option to filter out conventional listings and focus on just the foreclosures in the market. We thank you for making us Americas top home finding website for foreclosure and Hud properties. Free listings of hud homes for sale are hard to come by but should always be free and that’s the way things are going to stay on our website.

Foreclosure Listings Increasing

As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale.

This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments.

Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.

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or licensed by the US Department of Housing and Urban Development

USHUD.com is an Equal Housing Opportunity

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