About This Home

This 7-bedroom, 4-bathroom multi-family at 892 S Marengo in Pasadena, CA is listed for $1,638,000. 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

2 stories
4 full
3-car garage
1906

Amenities

A/C
Listing 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 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

$8,760/mo

20% down · 6.5% · 30 years

Principal$1,185
Interest$7,098
Insurance$478

Estimates only. Actual payments may vary.

Location

892 S Marengo

Pasadena, CA 91106

Property Details

Flooring

WoodCarpetVinyl

Parking

Assigned

Heating

Wall Furnace

Cooling

Window Unit(s)Wall/Window Unit(s)

Appliances

Gas Range

Questions & Answers

This 7-bedroom, 4-bathroom multi-family at 892 S Marengo is listed at $1,638,000. The estimated monthly payment is $8,761 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.

PD

Pamela DelRey

License 00864033

Agent at Art Del Rey Realty, Inc.

Listed by Art Del Rey Realty, Inc. · Broker phone: (626) 358-4560 · Broker website

MLS# AR26164327· Source: California Regional Multiple Listing Service, Inc· 93 days on PropertySimple

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

892 S Marengo, Pasadena, CA 91106

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