$1,998,000

892 S Marengo, Pasadena, CA 91106

  • 7 beds |
  • 4 baths
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon0.28acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 5 days ago

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 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.

Listing Status:
Active
Date Added:
March 26, 2026
Data Last Updated:
April 1, 2026 at 7:11PM
Listing Office:
Art Del Rey Realty, Inc. : 626-358-4560
Listing Agent:
Pamela DelRey : 626-841-2387
MLS ID:
AR26066054
  • A/C: Wall/Window
  • Heating: Other/Remarks
  • General: N/K
  • Pool: N/K
  • Roofing: Composition
  • General: 2 Story
  • HOA Amenities: 0.0
  • Originating MLS: California Regional MLS
  • County: Los Angeles
  • Zoning: Assessor5720022001
  • Utilities: Sewer Connected
  • Source: California Regional MLS

This listing courtesy of Pamela DelRey , Art Del Rey Realty, Inc.

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  â€ 
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

M

McKinley Arts School

325 S Oak Knoll Ave, Pasadena, CA, 91101

Grades KG-8

0.87 miles away

B

Blair High School

1201 S Marengo Ave, Pasadena, CA, 91106

Grades 6-12

0.27 miles away

B

Blair High School

1201 S Marengo Ave, Pasadena, CA, 91106

Grades 6-12

0.27 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

Similar Listings Nearby