Updated Dec 19, 2023
Berkshire Hathaway HomeServices Acquires Condo Unit In Pasadena,CA For $85.3M
358 S Marengo Ave, Pasadena, California, USA
$85,300,000
$68,185/SF
Building Size
1,251 SF
Asset Type
—
Closing
Nov 18, 2021
About this deal
AI
The Condo Unit located at 358 S Marengo Ave in Pasadena, CA has been sold for a total price of $85,300,000. The property has a total square footage of 1,251. The price per square foot for this transaction is $68,185.
Summary of transaction details
- Property Type: Condo Unit
- Transaction Amount: $85,300,000
- Address: 358 S Marengo Ave, Pasadena, CA
- Square Footage: 1,251
No additional information is available regarding the individuals and companies involved in this transaction.
The commercial sale at 358 S Marengo Ave, Pasadena, California, USA in Pasadena, California sold for $85.3M in 2021. The building is 1,251 square feet, implying about 68.2K per square foot on the published price. This page is the Pasadena, California file for the 358 S Marengo Ave, Pasadena, California, USA commercial sold: pricing, party profiles, and other closed commercial comps from the same Pasadena sit in the Market section below. Filter that Pasadena commercial set by closing date to see what else sold near 358 S Marengo Ave, Pasadena, California, USA around 2021. Published consideration for 358 S Marengo Ave, Pasadena, California, USA is $85.3M, dated 2021. Cite this Berkshire Hathaway HomeServices Acquires Condo Unit In Pasadena,CA For $85.3M sale when underwriting similar commercial product around Pasadena, California.
Players
Pasadena CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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Deal FAQ
About $68.2K per square foot on a published $85.3M for 1,251 square feet (2021).
Browse California sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.19%
Cash-on-Cash
-0.05%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93