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892 S MarengoPasadena, CA 91106

For Sale

$1,998,000

Smart Buyer Rebate $19,980

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.

Listed by Pamela DelRey

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License #00864033

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Art Del Rey Realty, Inc.

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626-841-2387

Last updated April 02, 2026

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Source: CRMLS #AR26066054

Listing Facts

  • TypeMulti-family
  • NeighborhoodMadison Heights
  • Days on Prevu35

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

03/26/2026
Listed by Art Del Rey Realty, Inc.
$1,998,000

Property Details for 892 S Marengo

Association

Amenities

  • Community Features: Curbs, Street Lights, Sidewalks

Exterior

Construction

  • Number Of Units Total: 3
  • Roof: Composition
  • Stories: 2
  • Stories Total: 2
  • Year Built: 1906
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Entry Location: Front

Features

  • Road Frontage Type: City Street
  • View: Mountain(s)

Measurements

  • Building Area Total: 2,556
  • Building Area Units: Square Feet
  • Lot Features: 2-5 Units/Acre, Lawn, Sprinklers Manual, Street Level
  • Lot Size Acres: 0.28
  • Lot Size Area: 12,335
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 12,335
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Gross Income: $81,296.00
  • Operating Expense: $9,432.53

Taxes

  • Parcel Number: 5720022001

Interior

Features

  • Appliances: Gas Range
  • Flooring: Carpet, Vinyl

Other

Location

  • Tax Block: O
  • Tax Lot: 1

Parking

Parking

  • Garage Spaces: 3
  • Garage: Yes
  • Parking Features: Driveway
  • Parking Total: 3

Utilities

Equipment

  • Cooling: Wall/Window Unit(s)
  • Has Cooling: Yes
  • Heating: Ductless, See Remarks, Wall Furnace
  • Has Heating: Yes
  • Laundry Features: Laundry Room
  • Sewer: Public Sewer,Sewer Tap Paid
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Water Source: Public

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 892 S Marengo.

Does this multi-family home have parking?

Yes, there are 3 parking spaces available for 892 S Marengo.

How does 892 S Marengo compare to other multi-family homes in Madison Heights?

This multi-family home is listed 4% above the average price for multi-family homes in Madison Heights and has been on the market for 15 less days than the typical home in this area.

892 S Marengo is a -bedroom multi-family home for sale in Pasadena CA 91106. Available on Prevu for 35 days at $1,998,000. This residence is located in Madison Heights. The median listing price for multi-family homes in this area is $1,658,000. The home offers parking. Explore more multi-family home listings in Pasadena.

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.