Photos coming soon
$1,998,000
892 S Marengo, Pasadena, CA 91106
7Beds
4Baths
2Days Listed
About This Property
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 youre 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 Pasadenas most sought-after locations.
Virtual Tour
Property Location
Property Details
- Property Type
- Res Income 2-4 Units
- Bedrooms
- 7
- Bathrooms
- 4
- Building Area
- 0 Sqft
- Living Area
- 0 sqft
- Year Built
- 0
- Status
- Active
- Days on Market
- 2
- Cumulative Days on Market
- 2
- Original Price
- $1,998,000
Location & Neighborhood
What's nearby 892 S Marengo, Pasadena, CA 91106
Nearby Schools
- 0.2 mi
- Building 9500.2 mi
post_secondary
- Art Center College of Design - South Campus0.2 mi
post_secondary
Parks & Recreation
- Allendale Park0.3 mi
park
Local Amenities
Fitness
- Unnamed0.1 mi
Coffee & Cafes
- Starbucks0.2 mi
Pharmacy
- CVS Pharmacy0.3 mi
Banking
- Central Credit Union0.3 mi
POI data updated 3/28/2026
Pasadena Market Snapshot
361
Active Listings
$920K
Median Price
80
Avg Days on Market
Last updated: Mar 26, 2026
Listed by
Pamela DelRey, Art Del Rey Realty, Inc. · 626-841-2387
Based on information from California Regional Multiple Listing Service, Inc. as of the date of this data. 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.
$1,998,000