Subscribe
Home AEC Lighthouse Group’s 51-Unit Historic 1924 Pasadena Apartment Building Hits Market for $16.6MM
AECFinanceIndustry NewsLos AngelesNews ReleasesResidentialRetail

Lighthouse Group’s 51-Unit Historic 1924 Pasadena Apartment Building Hits Market for $16.6MM

September 23, 20242 Mins read999
Share
image of old Pasadena building
Photo by Oxana Melis on Unsplash
Share

By Rhiannon Saegert  The Lighthouse Group is selling a historic 51-unit apartment building in downtown Pasadena for $16,575,000, or roughly $325,000 per unit.  Originally built in 1924, the 28,632-square-foot property at 189 N. Marengo Ave. is comprised of 39 studio apartments, eight one-bedroom units, three larger one-bedroom units and a single two-bedroom, two-bathroom unit according […]

Thank you for your interest in The Registry. If you'd like to read further, you must Subscribe or Log In below to read the rest of this content.

Share
sean-mungur-mDFr9aYfNc-unsplash-motel Previous post OYO to Acquire Motel 6 Parent Company from Blackstone Real Estate for $525MM

Featured Content

The Heights at Ponte Vista

The Heights at Ponte Vista Features Four Move In Ready Elevated Townhomes 

ByMay 18, 2026


Recent Posts

Facade of modern apartment building with blue background

USC Casden Forecast Sees SoCal Rents Rising Through 2029 as San Diego, Inland Empire Building Pays Off

ByNovember 10, 2026
San Diego, Midway District, Midway Rising, San Ysidro, Measure C, Chelsea Investment Corporation, Legends, Zephyr, Safdie Rabines

San Diego Council Unanimously Approves $4.2B Midway Rising, Locking 2,000 Affordable Homes Onto Sports Arena Site

November 10, 2026
Rendering of a building connected to batteries

Brookfield Hits $26B for Fund VI as Aypa Buy Extends Its Reach Into Southern California Battery Storage

November 10, 2026
Los Angeles, Writers Guild of America, creen Actors Guild-American Federation of Television and Radio Artists, Beacon Economics, Milken Institute, Hollywood, strikes

Goldman Sachs-Led Lenders Set Nov. 24 Foreclosure Auction of Hackman’s 55-Acre Radford Studio Center, Seeking $1.3B

November 10, 2026
college library

Harrison Street, Michaels Plan $230MM, 321-Unit Presidio Terrace Student Housing at University of San Diego

November 10, 2026
Shoppers walking shopping center

Federal Realty’s Q3 Playbook: Sell Coastal Retail in the Mid-5s, Buy Dominant Centers Inland

November 10, 2026
Related Articles

The Registry Ranks: L.A.’s Best Office Submarkets for Law Firms, Now That PwC Has Left Downtown

Century City asks about twice what Downtown does and still leads the...

ByNovember 9, 2026
getty-images-ssBgfKAFjp4-unsplash-lab
Industry NewsLeasingLife ScienceSan Diego

Bristol Myers Squibb to Return More Than 250,000 SQFT at Alexandria’s Campus Point as 200,000 SQFT Backfill Nears

Bristol Myers Squibb will hand back more than 250,000 square feet at...

ByNovember 3, 2026
Pasadena Sign and Palm Tree
AECFinanceIndustry NewsLos AngelesResidential

Capstone and Elysian Land $75MM Citibank Construction Loan to Convert Pasadena’s ZK Plaza into 133 Affordable Units

The day the Capstone Equities and Elysian Housing partnership took title to...

ByOctober 29, 2026
the registry template image
CommercialLos AngelesResidential

East Pasadena’s ZK Plaza Office Building Sells for $13.4MM Ahead of 133-Unit Affordable Housing Conversion

An affordable housing developer plans to turn a 1960s East Pasadena office...

ByOctober 28, 2026
© Copyright 2007 - 2025 Mighty Dot Media. All rights reserved.