36
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$1,748,000
Est. payment /mo
7 Beds
4 Baths
0.28 Acres Lot
New
892 S Marengo Pasadena, CA 91106
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID AR26164327
Bedrooms 7
Lot Size 0.283 Acres
Property Sub-Type Res Income 2-4 Units
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.
Location
State CA
County Los Angeles
Zoning Assessor
Direction S/California
Interior
Heating Other/Remarks
Cooling Wall/Window
Fireplace No
Exterior
Utilities Available Sewer Connected
View Y/N No
Roof Type Composition
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 5720022001
Listed by Pamela DelRey, DRE#00864033 Art Del Rey Realty, Inc.
NEARBY SCHOOL & BUSINESS
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