$1,490,000

925 N Marengo Avenue, Pasadena, CA 91103

  • 3,834 sqft
  • Property Icon other
  • Property Year Built Icon Built in 1947
  • Property Lot Size Icon0.35acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $389/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

he offering consists of two parcels: APN 5729-016-011, improved with a duplex, and APN 5729-016-009, improved with a quadruplex. Built in 1947, the property totals approximately 3,834 rentable square feet on a large 15,124-square-foot PSR1-zoned corner lot. The unit mix includes four one-bedroom/one-bath units and two two-bedroom/one-bath units. Each unit features in-unit laundry and wall-unit air conditioning. The property also offers driveway access and six garage parking spaces.Current rents are below market, providing a new owner with the opportunity to renovate units, improve operations, and increase rental income as units turn. The oversized lot may also offer potential for future ADU development, creating an additional opportunity to enhance income and long-term value. Buyer to independently verify all development and ADU feasibility.Ideally located just north of Mountain Street and east of the 210 Freeway, the property provides convenient access to Old Pasadena, Downtown Pasadena, the Rose Bowl, Pasadena City College, Caltech, major employment centers, and the area's premier shopping, dining, and entertainment amenities. With strong tenant demand, limited multifamily inventory, and long-term appreciation potential, 917933 N Marengo Avenue represents a compelling investment opportunity in one of Pasadena's most established residential neighborhoods.

Listing Status:
Active
Date Added:
July 15, 2026
Data Last Updated:
August 24, 2026 at 3:08PM
Listing Office:
Kidder Mathews of California, Inc. : 310-312-1800
Listing Agent:
Angelica Gotzev : 818-636-6342
MLS ID:
CL26860377
  • Appliances: Dryer
  • Laundry: DryerWasher
  • A/C: Wall/Window Unit(s)
  • Heating: Wall Furnace
  • Parking: Other
  • County: Los Angeles
  • Zoning: PSR15729016009

This listing courtesy of Angelica Gotzev , Kidder Mathews of California, Inc.

Monthly Payment

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

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