892 S Marengo, Pasadena, CA 91106

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Beds

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Baths

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Sq ft

About this home

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.

Type

Triplex

Year built

1906

Lot

12,335 sq ft

Garage

3 car

HOA

None

Pool

View

Mountain(s)

Solar

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Estimated payment

$10,330/mo

Principal & interest$8,283
Property tax (est.)$1,570
Home insurance (est.)$478

Down payment: 20% ($327,600)Interest rate %

Example only, not a loan offer. Rate is a placeholder; ask a lender for today's. Taxes vary by neighborhood (Mello-Roos).

Listing provided courtesy of Pamela DelRey, Art Del Rey Realty, Inc., 626-841-2387. MLS# AR26164327. Based on information from California Regional Multiple Listing Service, Inc. as of November 1, 2026 at 8:57 AM Pacific. Information is deemed reliable but not guaranteed and is provided exclusively for consumers' personal, non-commercial use to identify prospective properties they may be interested in purchasing. Coldwell Banker Associated Brokers Realty, CA DRE #00939614.