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.

Property details

Year built

1906

Property type

Residential Income

Lot size

12,335 sqft

Location

892 S Marengo • Pasadena, CA 91106

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Listed by

Pamela DelRey · Art Del Rey Realty, Inc.

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Recent sales near 892 S Marengo

902 S MARENGO Avenue: Sold $1,890,000 · May 2026 · 0.0 mi
Growth Investment Group Pasade | DRE #01749321
Buyer's agent: Joseph Nwabuzor, Joseph Nwabuzor | DRE #02039842
883 Magnolia Avenue 16: Sold $888,000 · 2 bd · 3 ba · 1,042 sqft · Jun 2026 · 0.0 mi
Coldwell Banker Realty | DRE #01780670
Buyer's agent: Grace Chang, Coldwell Banker Realty | DRE #01788890
380 Alpine: Sold $1,579,000 · 2 bd · 2 ba · 1,370 sqft · Aug 2026 · 0.2 mi
Coldwell Banker Realty | DRE #02151056
Buyer's agent: Dhari Thein, COMPASS | DRE #01403784
270 E Glenarm Street 105: Sold $1,120,000 · 3 bd · 3 ba · 1,550 sqft · Aug 2026 · 0.2 mi
Coldwell Banker Realty | DRE #01438002
Buyer's agent: Pamela Qu, Pinnacle Real Estate Group | DRE #02098224
690 S Marengo Avenue 6: Sold $945,000 · 3 bd · 3 ba · 1,440 sqft · Sep 2026 · 0.2 mi
Coldwell Banker Dynasty T.C. | DRE #01272311
Buyer's agent: Grace Chang, Coldwell Banker Realty | DRE #01788890
657 S Marengo Avenue 4: Sold $965,000 · 3 bd · 3 ba · 1,496 sqft · Jun 2026 · 0.3 mi
Coldwell Banker Realty | DRE #01438002
Buyer's agent: Jayne Song, Keller Williams Real Estate | DRE #02098774
1097 S Los Robles Avenue: Sold $1,950,000 · 2 bd · 1 ba · 1,204 sqft · Aug 2026 · 0.3 mi
COMPASS | DRE #01394929
Buyer's agent: Aram Gaboudian, Keller Williams Los Angeles | DRE #01493911
320 E California Boulevard: Sold $1,499,000 · 6 bd · 6 ba · 3,914 sqft · Sep 2026 · 0.4 mi
Coldwell Banker Realty Pasadena | DRE #01438231
Buyer's agent: Jim Rock, COMPASS | DRE #01057765

Closed sales reported in 91106, nearest first, last 12 months. All recent sales in Pasadena →

Residential Income - 892 S Marengo, Pasadena, CA