892 S Marengo Ave Pasadena, CA 91106
Madison Heights NeighborhoodEstimated payment $11,735/month
Total Views
22,651
7
Beds
4
Baths
2,556
Sq Ft
$782
Price per Sq Ft
Highlights
- Mountain View
- No HOA
- Laundry Room
- Lawn
- Ductless Heating Or Cooling System
- Level Lot
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 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 Agent
Art Del Rey Realty, Inc. Brokerage Phone: 626-841-2387 License #00864033 Listed on: 03/26/2026
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
- Lawn
- Density is 2-5 Units/Acre
Parking
- 3 Car Garage
- Parking Available
- Driveway
Home Design
- Triplex
- Entry on the 1st floor
- Composition Roof
Interior Spaces
- 2,556 Sq Ft Home
- 2-Story Property
- Mountain Views
- Gas Range
- Laundry Room
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 7 Bedrooms
- 4 Bathrooms
Outdoor Features
- Exterior Lighting
Utilities
- Ductless Heating Or Cooling System
- Cooling System Mounted To A Wall/Window
- Wall Furnace
- Natural Gas Connected
- Sewer Paid
Listing and Financial Details
- Legal Lot and Block 1 / O
- Assessor Parcel Number 5720022001
- $1,113 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 3 Buildings
- 3 Units
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
- Pest Control $2,545
- Trash Expense $904
- Water Sewer Expense $2,000
- Operating Expense $16,535
- Gross Income $81,296
- Net Operating Income $71,864
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| 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 | $13,709 | $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
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/26/2026 03/26/26 | For Sale | $1,998,000 | -- | $782 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Purchase History
| 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
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $155,000 | New Conventional |
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: AR26066054
APN: 5720-022-001
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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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