892 S Marengo Ave Pasadena, CA 91106
Madison Heights NeighborhoodEstimated payment $10,795/month
Total Views
2,825
7
Beds
4
Baths
2,556
Sq Ft
$684
Price per Sq Ft
Highlights
- Very Popular Property
- Mountain View
- Wood Flooring
- Craftsman Architecture
- Property is near park and public transit
- Main Floor Bedroom
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.
Listing Agent
Art Del Rey Realty, Inc. Brokerage Phone: 626-841-2387 License #00864033 Listed on: 07/28/2026
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1906
Lot Details
- 12,335 Sq Ft Lot
- No Common Walls
- Level Lot
- Manual Sprinklers System
- Back and Front Yard
- Density is 2-5 Units/Acre
- Value in Land
Parking
- 3 Open Parking Spaces
- 3 Car Garage
- Parking Available
- Assigned Parking
Home Design
- Triplex
- Craftsman Architecture
- Entry on the 1st floor
- Composition Roof
Interior Spaces
- 2,556 Sq Ft Home
- 2-Story Property
- Mountain Views
- Gas Range
- Washer and Gas Dryer Hookup
Flooring
- Wood
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 7 Bedrooms
- Main Floor Bedroom
- 4 Bathrooms
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Outdoor Features
- Exterior Lighting
Location
- Property is near park and public transit
- Suburban Location
Utilities
- Cooling System Mounted To A Wall/Window
- Wall Furnace
- Natural Gas Connected
- Sewer Paid
- Cable TV Available
Listing and Financial Details
- Legal Lot and Block 1 / O
- Assessor Parcel Number 5720022001
- $1,113 per year additional tax assessments
- Seller Considering Concessions
Community Details
Overview
- No Home Owners Association
- 3 Buildings
- 3 Units
Amenities
- Laundry Facilities
Building Details
- 3 Leased Units
- Rent Control
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $1,680
- Insurance Expense $2,719
- Maintenance Expense $6,687
- Trash Expense $904
- Water Sewer Expense $2,000
- Operating Expense $16,535
- Gross Income $81,300
- Net Operating Income $71,864
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $14,361 | $1,182,152 | $814,376 | $367,776 |
| 2024 | $13,709 | $1,158,973 | $798,408 | $360,565 |
| 2023 | $13,593 | $1,136,249 | $782,753 | $353,496 |
| 2022 | $13,128 | $1,113,970 | $767,405 | $346,565 |
| 2021 | $12,596 | $1,092,128 | $752,358 | $339,770 |
| 2020 | $12,103 | $1,080,931 | $744,644 | $336,287 |
| 2019 | $12,134 | $1,059,738 | $730,044 | $329,694 |
| 2018 | $12,255 | $1,038,960 | $715,730 | $323,230 |
| 2016 | $11,866 | $998,619 | $687,939 | $310,680 |
| 2015 | $11,735 | $983,620 | $677,606 | $306,014 |
| 2014 | $11,501 | $964,353 | $664,333 | $300,020 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/28/2026 07/28/26 | For Sale | $1,748,000 | -- | $684 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Trustee Deed | $730,500 | Accommodation | |
| Interfamily Deed Transfer | -- | United Title Company-La | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $660,000 | Balloon | |
| Previous Owner | $500,000 | Unknown | |
| Previous Owner | $155,000 | New Conventional | |
| Previous Owner | $100,000 | Credit Line Revolving |
Source: Public Records
About the Listing Agent
I'm an expert real estate agent with Art Del Rey Realty, Inc. in Arcadia, CA and the nearby area, providing home-buyers and sellers with professional, responsive and attentive real estate services. Want an agent who'll really listen to what you want in a home? Need an agent who knows how to effectively market your home so it sells? Give me a call! I'm eager to help and would love to talk to you. Our company is the oldest real estate company in Arcadia. I've been a licensed Broker for the past
Pam's Other Listings
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: AR26164327
APN: 5720-022-001
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
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 broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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