892 S Marengo, Pasadena, CA 91106
List Price: $1.8M
Listing Status: Active
Original List Price: $2M
0Days on Market: 96
0 Bedrooms · 0 Bathrooms
Property Type: ResidentialIncome
Year Built: 1906
Lot Size: 12,335 sq ft
Garage Spaces: 3
Private Pool: Yes
MLS Number: AR26066054
About This Property
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 three separate tenant-occupied units: 894 S. Marengo: 3 bedrooms, 2 bathrooms (front house) 892 S. Marengo: 2 bedrooms, 1 bathroom 896 S. Marengo: 2 bedrooms, 1 bathroom 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.
Listing provided by: Pamela DelRey DRE #00864033 626-358-4560 Pameladelrey@yahoo.com, Art Del Rey Realty, Inc.
Source: CRMLS, MLS #: AR26066054
Belmont Brokerage Inc. (DRE #02431308) is not the listing office for this property. We provide buyer representation and consultation. Any “Schedule a Tour” or “Contact” form on this page contacts a Belmont Brokerage agent — not the listing agent above.