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2,556 sqft

$1,638,000

892 S Marengo, Pasadena CA, 91106

Price per sqft$640.85
Built in1906
Property size2,556 sqft
Property typeMulti-family
Listed by Pamela DelRey CA DRE# 00864033 with Art Del Rey Realty, Inc. 626-841-2387

Overview

Active

Listed Jul 28, 2026

Updated 5 days ago

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.

$10,898/mo

Est. mortgage payment based on a $1,638,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
AR26164327

Interior Features

Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.28 Acres

Other Property Details

Maintenance Expense
$6,687
Garage
Yes
View
Yes
55+/Senior Community
No
MLS provider logo

Listed by Pamela DelRey CA DRE# 00864033 with Art Del Rey Realty, Inc. 626-841-2387

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 9/29/2026. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2026 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 9/29/2026 at 3:43 AM UTC Last Checked: 3:43 AM UTC

 

 

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