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Listed by Pamela DelRey, DRE #00864033 • Art Del Rey Realty, Inc.
$1,798,000
Est. payment /mo
0.28 Acres Lot
Price Dropped by $100K
892 S Marengo Pasadena, CA 91106
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Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRAR26066054
Year Built 1906
Lot Size 0.283 Acres
Property Sub-Type Triplex
Source California Regional MLS
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 three separate tenant-occupied units: 894 S. Marengo: 3 bedrooms, 2 bathrooms (front house) 892 S. Marengo: 2 bedrooms, 1 bathroom 896 S. Marengo: 2 bedrooms, 1 bathroom 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.
Location
State CA
County Los Angeles
Area 647 - Pasadena (Sw)
Rooms
Kitchen Oven Range - Gas
Interior
Heating Other, Wall Furnace
Cooling Window / Wall Unit
Laundry In Laundry Room
Exterior
Parking Features Other
Garage Spaces 3.0
Pool 31, None
View Hills
Roof Type Composition
Building
Lot Description Grade - Level
Sewer Sewer Available
Water District - Public
Others
Tax ID 5720022001
Special Listing Condition Not Applicable
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