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About This Home
This 7-bedroom, 4-bathroom multi-family at 892 S Marengo in Pasadena, CA is listed for $1,898,000 ($743 per sqft). Built in 1906, the home offers 2,556 sqft of living space on a 0.28 acres lot.
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.
Key Features
- Built in 1906
- 0.28 acre lot
- 2 stories
- 3 parking spaces
Property Details
Amenities
Monthly Cost Estimate
$10,151/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
892 S Marengo
Pasadena, CA 91106
Features & Amenities
Exterior Features
Property Details
Flooring
Views
Parking
Heating
Cooling
Appliances
Questions & Answers
This 7-bedroom, 4-bathroom multi-family at 892 S Marengo is listed at $1,898,000 ($743/sqft). The estimated monthly payment is $8,225 based on 20% down at 6.5% interest.
Key features include: Built in 1906, 0.28 acre lot, 2 stories, 3 parking spaces. Exterior Features: Community Features Included: Curbs, Street Lights, Sidewalks.
This property is listed by Pamela DelRey and can be reached at 6268412387 or Pameladelrey@yahoo.com.
