Seller's Agent in 2026
Han Widjaja-Chen
Growth Investment Group Pasade
(626) 594-4901
3 in this area
56 Total Sales
902 S Marengo Ave Pasadena, CA 91106
Madison Heights Neighborhood
1
Bed
2
Baths
3,192
Sq Ft
7,749
Sq Ft Lot Lot
Highlights
- City Lights View
- Property is near park and public transit
- Quartz Countertops
- Midcentury Modern Architecture
- Wood Flooring
- Lawn
About This Home
As of May 2026Prime 6-Unit Multifamily in Pasadena's Coveted Madison Heights – Walk Score 86, Steps from ArtCenter College of Design campus, Huntington Hospital, Whole Foods, Old Pasadena, and Metro Gold Line. 5% CAP Rate in an A-Class Location – Fantastic Demographics, Nearby many new Townhomes/Condominiums, 4 car garage prime for 2 ADUs, Many CAPEX Completed. 902 S Marengo Ave, a rare 6-unit multifamily gem in Pasadena's elite Madison Heights neighborhood. This property represents a rare "Value-Add" play in a Class-A location, offering a high 5% CAP rate with significant potential for further appreciation through ADU development and long-term improvements. This garden-style asset sits in an A-location, steps from ArtCenter College of Design, Whole Foods, Shake Shack, and a short walk to Old Pasadena's vibrant scene, the Pasadena Playhouse, and Metro Gold Line. With a Walk Score of 86, Fantastic Demographics of $163k in a-mile radius, and proven appeal to high-caliber tenants (including international ArtCenter students and Caltech professionals), it delivers effortless leasing and superior retention – most units rent to young pros seeking walkable luxury. Built in 1928 (fourplex) and 1956 (duplex) per online permits from city’s website, the 3,192 SF property on a 7,749 SF lot boasts timeless charm: high ceilings, abundant windows, original hardwoods in the front building, plus modern touches like mini-split HVAC, upgraded electrical, and recent exterior paint. Unit mix includes 4 x 1BD/1BA and 2 x large studios. Two units fully renovated with in-unit laundry; others feature targeted upgrades and share seller-owned machines. Overparked with 4 garages (ADU-ready), 2 carports, and open spaces; individually metered utilities streamline ops. The front building has a colonial architecture charm and consists of 4 units (2 x 1bed+1bath and 2 x Studio units). All 4 units have high ceiling, original hardwood floor, plenty of windows, mini-split HVAC, ceiling fans, tiled kitchen and bathroom. 1 unit has been fully upgraded with modern upgrades like newer flooring, new bathroom, new kitchen, and in-unit laundry. The back building was built in 1956 and consists of 2 x 1bed units. The bottom unit has been fully upgraded with new flooring, new kitchen, and in-unit laundry. It has large private backyard. The upstairs unit has a large private deck.
Last Agent to Sell the Property
Growth Investment Group Pasade Brokerage Email: han.chen@growthinvestmentgroup.com License #01749321 Listed on: 02/27/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $28,294
Year Built
- Built in 1956 | Remodeled
Lot Details
- 7,749 Sq Ft Lot
- Two or More Common Walls
- West Facing Home
- Landscaped
- Rectangular Lot
- Level Lot
- Sprinklers on Timer
- Lawn
- Value in Land
Parking
- 4 Car Garage
- 2 Open Parking Spaces
- 2 Attached Carport Spaces
- Parking Available
- Assigned Parking
Home Design
- Midcentury Modern Architecture
- Colonial Architecture
- Apartment
- Entry on the 1st floor
- Raised Foundation
- Slab Foundation
- Shingle Roof
- Partial Copper Plumbing
Interior Spaces
- 3,192 Sq Ft Home
- 2-Story Property
- Partially Furnished
- Ceiling Fan
- Recessed Lighting
- Storage
- City Lights Views
Kitchen
- Gas Oven
- Gas Range
- Freezer
- Quartz Countertops
- Disposal
Flooring
- Wood
- Vinyl
Bedrooms and Bathrooms
- 1 Bedroom
- 2 Bathrooms
Laundry
- Laundry in unit
- Dryer
- Washer
Location
- Property is near park and public transit
- Suburban Location
Utilities
- Cooling System Mounted To A Wall/Window
- Wall Furnace
- Natural Gas Connected
- Water Heater
- Phone Available
- Cable TV Available
Listing and Financial Details
- Tenant pays for gas, electricity
- Assessor Parcel Number 5720022006
- $1,751 per year additional tax assessments
- Seller Considering Concessions
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 6 Units
- Valley
Amenities
- Laundry Facilities
Building Details
- 6 Leased Units
- Rent Control
- 7 Separate Electric Meters
- 7 Separate Gas Meters
- 1 Separate Water Meter
- Fuel Expense $853
- Gardener Expense $1,170
- Insurance Expense $7,143
- Maintenance Expense $3,029
- Trash Expense $4,667
- Water Sewer Expense $2,361
- New Taxes Expense $28,294
- Operating Expense $51,289
- Gross Income $164,880
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Home Values in the Area
Average Home Value in this Area
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 | Prior Sale |
|---|---|---|---|---|---|
| 05/29/2026 05/29/26 | Sold | $1,890,000 | -14.1% | $592 / Sq Ft | |
| 05/11/2026 05/11/26 | Pending | -- | -- | -- | |
| 02/27/2026 02/27/26 | For Sale | $2,200,000 | +23.6% | $689 / Sq Ft | |
| 07/15/2021 07/15/21 | Sold | $1,780,000 | -0.8% | $558 / Sq Ft | View Prior Sale |
| 05/27/2021 05/27/21 | Pending | -- | -- | -- | |
| 05/24/2021 05/24/21 | For Sale | $1,795,000 | -- | $562 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 | $22,642 | $1,888,949 | $1,273,449 | $615,500 |
| 2024 | $21,636 | $1,851,912 | $1,248,480 | $603,432 |
| 2023 | $21,456 | $1,815,600 | $1,224,000 | $591,600 |
| 2022 | $20,721 | $1,780,000 | $1,200,000 | $580,000 |
| 2021 | $10,647 | $878,732 | $487,309 | $391,423 |
| 2020 | $10,248 | $869,723 | $482,313 | $387,410 |
| 2019 | $10,266 | $852,670 | $472,856 | $379,814 |
| 2018 | $10,362 | $835,952 | $463,585 | $372,367 |
| 2016 | $10,010 | $803,493 | $445,585 | $357,908 |
| 2015 | $9,896 | $791,424 | $438,892 | $352,532 |
| 2014 | $9,726 | $775,922 | $430,295 | $345,627 |
Source: Public Records
Agents Affiliated with this Home
-
Han Widjaja-Chen
-
Joseph Nwabuzor
Buyer's Agent in 2026
Joseph Nwabuzor
Joseph Nwabuzor
(310) 989-0997
1 in this area
15 Total Sales
-
William Schebeck
W
Seller's Agent in 2021
William Schebeck
Gold Star Realty
(818) 757-4567
1 in this area
45 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: AR26043987
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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