About This Home
This 7-bedroom, 4-bathroom multi-family at 892 S Marengo in Pasadena, CA is listed for $1,698,000. Built in 1906, on a 0.28 acres lot.
Key Features
- Built in 1906
- 0.28 acre lot
- 2 stories
- 6 parking spaces
Property Details
Amenities
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 3 separate tenant-occupied units: 894 S. Marengo: 3 Bedrooms, 2 Baths, ( front house) 892 S. Marengo: 2 Bedrooms, 1 bath ( middle house and 896 S.
Marengo 2 BR, 1 BA ( back house) 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.
Monthly Cost Estimate
$9,081/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
892 S Marengo
Pasadena, CA 91106
Property Details
Flooring
Parking
Heating
Cooling
Appliances
Questions & Answers
This 7-bedroom, 4-bathroom multi-family at 892 S Marengo is listed at $1,698,000. The estimated monthly payment is $9,081 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1906, 0.28 acre lot, 2 stories, 6 parking spaces.
This property is listed by Pamela DelRey and can be reached at 6268412387.
