892 S Marengo Ave, Pasadena, CA 91106 (MLS # AR26164327)
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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.
| DAYS ON MARKET | 5 | LAST UPDATED | 7/28/2026 |
|---|---|---|---|
| YEAR BUILT | 1906 | COMMUNITY | 647 - Pasadena (SW) |
| GARAGE SPACES | 3.0 | COUNTY | Los Angeles |
| STATUS | Active | PROPERTY TYPE(S) | Residential Income |
| ADDITIONAL DETAILS | |
| AIR | Wall/Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Gas Range |
| AREA | 647 - Pasadena (SW) |
| GARAGE | Yes |
| HEAT | See Remarks, Wall Furnace |
| LOT | 0.2832 acre(s) |
| LOT DESCRIPTION | Back Yard, Front Yard, Near Public Transit |
| LOT DIMENSIONS | 12335 |
| PARKING | Assigned |
| POOL DESCRIPTION | None |
| STORIES | 2 |
| STYLE | Craftsman |
| UTILITIES | Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected |
| VIEW | Yes |
| VIEW DESCRIPTION | Mountain(s) |
| WATER | Public |
TOTAL MONTHLY PAYMENT
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