892 S Marengo, Pasadena, CA 91106
- $1,748,000
List Agent Pamela DelRey () 626-358-4560 Art Del Rey Realty, Inc.; CoList ()
- List Price
- $1,748,000
- Status
- ACTIVE
- MLS#
- AR26164327
- Year Built
- 1906
- Lot Size
- 12,335
- Lot Location
- 2-5 Units/Acre, Back Yard, Front Yard, Near Park, Near Public Transit, Sprinklers Manual, Street Level, Value In Land
- Days on Market
- 2
- Property Type
- Multifamily
- Style
- Craftsman
- Property Sub Type
- Triplex
Property 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.
Additional Information
- Appliances
- Gas Range
- Pool Description
- None
- Heat
- See Remarks, Wall Furnace
- Cooling
- Yes
- Cooling Description
- Wall/Window Unit(s)
- View
- Mountain(s)
- Roof
- Composition
- Garage Spaces Total
- 3
- Sewer
- Sewer Tap Paid
- Water
- Public
Mortgage Calculator
Based on information from CRISNet MLS as of . All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.