892 S Marengo, Pasadena, CA 91106
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892 S Marengo, Pasadena, CA 91106
892 S Marengo, Pasadena, CA 91106
892 S Marengo, Pasadena, CA 91106
892 S Marengo, Pasadena, CA 91106
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$ 1,998,000
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Active

892 S Marengo Pasadena, CA 91106

0.28 Acres Lot


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID AR26066054

HOA Y/N No

Year Built 1906

Lot Size 0.283 Acres

Property Sub-Type Triplex

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)

Interior

Heating Ductless, See Remarks, Wall Furnace

Cooling Wall/Window Unit(s)

Flooring Carpet, Vinyl

Fireplaces Type None

Fireplace No

Appliance Gas Range

Laundry Laundry Room

Exterior

Parking Features Driveway

Garage Spaces 3.0

Garage Description 3.0

Pool None

Community Features Curbs, Street Lights, Sidewalks

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

View Y/N Yes

View Mountain(s)

Roof Type Composition

Total Parking Spaces 3

Private Pool No

Building

Lot Description 2-5 Units/Acre, Lawn, Sprinklers Manual, Street Level

Story 2

Entry Level Two

Sewer Public Sewer, Sewer Tap Paid

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5720022001

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Special Listing Condition Standard

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

NEARBY SCHOOLS & PROPERTIES

Kenneth Lamm

Kenneth Lamm

Advisor | License ID: 01101162

+1(818) 414-5833

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892 S Marengo