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.
Address
Open on Google Maps- Address 892 S Marengo
- City Pasadena
- State/county CA
- Zip/Postal Code 91106
- Country US
Details
Updated on May 30, 2026 at 1:16 pm- Property ID: AR26066054
- Price: $1,898,000
- Property Size: 2556 Sqft
- Land Area: 0.2832 Acres
- Garages: 3.0
- Garage Size: x x
- Year Built: 1906
- Property Type: Triplex, Residential Income
- Property Status: Active
Additional details
- Listing Terms: Cash to New Loan
- Roof: Composition
- Utilities: Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected
- Sewer: Public Sewer,Sewer Tap Paid
- Cooling: Wall/Window Unit(s)
- Heating: Ductless,See Remarks,Wall Furnace
- Flooring: Carpet, Vinyl
- County: Los Angeles
- Property Type: Residential Income
- Pool: None
- Parking: Driveway
- Community Features: Curbs,Street Lights,Sidewalks
