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892 S Marengo, Pasadena, CA 91106

$1,698,000
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  • —

    bed

  • —

    bath

Multi-family for sale 56 days
$50K price drop
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About 892 S Marengo

Property type Multi-family
Neighborhood
Year built 1906
HOA fee $0/month
Lot size 0.28 Acre
Movoto estimate
Parking 3 garage spaces
Rental estimate
Property description
Situated in the highly desirable Madison Heights neighborhood of Pasadena, this unique multi-unit property offers exceptional investment potential. Set on a spacious 12,342 sq.ft. lot and zoned RM-32, the property presents a rare opportunity for future development. According to the City of Pasadena (buyer to verify), the lot size may allow for the construction of approximately 9 units. The property currently features 3 separate tenant-occupied units: 894 S. Marengo: 3 Bedrooms, 2 Baths, ( front house) 892 S. Marengo: 2 Bedrooms, 1 bath ( middle house and 896 S. Marengo 2 BR, 1 BA ( back house) Additional amenities include three single car garages on site. Whether you're looking to expand your investment portfolio, generate immediate rental income, or explore development possibilities, this property offers versatility and long-term upside in one of Pasadena's most sought-after locations.
Listed by
Listing Agent - Pamela DelRey
Listing Agent Contact: 626-841-2387
Listing Office - Art Del Rey Realty, Inc.
Source: CRMLS mls logo
MLS#AR26164327 • last updated 5 days ago
Movoto checked CRMLS for data 4 minutes ago
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Overview
Levels/Style Craftsman
Type Residential Income
SubType Triplex
Status Active
Lot Size (Acres) 0.2832
Lot Size (SqFt) 12335
Year Built 1906
Interior
Other Room(s) Main Floor Bedroom
Appliances Gas Range
Accessibility Features None
Exterior
Building Area Square Feet, 2556
Roof Composition
Parking Assigned
# Uncovered Spaces 3
# Parking Spaces 6
# Garage Spaces 3
Lot Description Level With Street, Near Public Transit, Park Nearby, 2-5 Units/Acre, Front Yard, Lot 10000-19999 Sqft, Back Yard, Sprinklers Manual, Value In Land
Amenities / Utilities
Fireplaces None
Sewer/ Septic Sewer Paid
Water Source Public
Spa None
Pool None
Location
View Mountain(s)
County Los Angeles
Community Features Curbs, Street Lights, Sidewalks, Suburban
Zoning RM-32
Directions S/California
APN 5720022001
Multifamily Details
Expense: Trash 904
Operating Expense 9433
Expense: Insurance 2719
Total Expenses 16535
Expense: Maintenance 6687
Expense: Water/ Sewer 2000
Gross Income 81300
Gross Scheduled Income 81300
Expense: Gardener 1680
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4/10
McKinley School
public Grades K-8
Pasadena Unified School District
5/10
Blair High School
public Grades 6-12
Pasadena Unified School District
Source: GreatSchools.org © 2026. All rights reserved.

Around Madison Heights

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74/100
Walk
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Family
94/100
Dining
97/100
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CRMLS Multiple Listing Service™ system
The real estate listing data marked with this icon comes from the IDX program of the CRMLS Multiple Listing Service™ system.
Based on information from California Regional Multiple Listing Service, Inc. as of 9/22/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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