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Price Drop: $60K (10/05)
No HOA
Street View
Listed by: Pamela DelRey (626) 358-4560 DRE #00864033 | Art Del Rey Realty, Inc. (626) 358-4560
$1,638,000
Monthly Est:$8,153
7 Beds
4 Baths
2,556sqft
892 S Marengo, Pasadena, CA 91106
$1,638,000
$8,153/moEst:
Get Pre-Approved
Triplex
Built in 1906
$-- HOA
12,335 sqft lot
$641/sq.ft
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.
- Houzeo last checked: 56 minutes ago
- Listing updated: October 5, 2026 at 5:38 pm
- Source: California Regional MLS-CA | MLS#: AR26164327
Property Details
Status
Active Under Contract
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
Year Built
1906
HOA Fees
-
Finished Area
2,556 sqft
Lot Size
12,335 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
AR26164327
MLS Status
ActiveUnderContract
Days on Market
54
Cumulative Days on Market
175
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 7
Bathrooms: 4
Interior
Appliances
Gas Range
Interior Features
Bedroom On Main Level
Heating
See Remarks, Wall Furnace
Cooling
Wall Window Units
Sewer
Sewer Tap Paid
Flooring
Carpet, Vinyl, Wood
Construction
Year Built
Year Built: 1906
Home type
Triplex
Architectural Style
Craftsman
Roof
Composition
Utilities & Energy
Fireplace Features
None
Parking Features
Assigned
Water Source
Public
Laundry Features
Washer Hookup, Gas Dryer Hookup
Utilities
Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Security Features
Carbon Monoxide Detectors, Smoke Detectors
Pool Features
None
Other Features
Community Features
Curbs, Street Lights, Suburban, Sidewalks, Park
Lot Features
Two To Five Units Acre, Back Yard, Front Yard, Near Park, Near Public Transit, Sprinklers Manual, Street Level, Value In Land
Tenant Pays
Cable Tv, Electricity, Gas
Price History
| Date | Event | Price |
|---|---|---|
10/05/2026 Source: | Contingent (Active Under Contract) | $1,638,000 $641/sqft |
09/28/2026 Source: | Price Decreased | $1,638,000 -3.53% $641/sqft |
09/18/2026 Source: | Price Decreased | $1,698,000 -2.86% $664/sqft |
07/28/2026 Source: | Off Market | $1,748,000 -7.90% $684/sqft |
05/29/2026 Source: | Listed for Sale | $1,898,000 +5.56% $743/sqft |
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Based on information from California Regional Multiple Listing Service, Inc. as of Oct 22, 2026, 03:46PM 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. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 California Regional Multiple Listing Service. All Rights Reserved.
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