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.
For sale
Listed by: Art Del Rey Realty, Inc. • Pamela DelRey • Contact: 626-841-2387
Price cut: $100K (7/1)
$1,798,000
892 S Marengo Ave, Pasadena, CA 91106
7beds
4baths
2,556sqft
:
Get pre-qualified$11,945/mo
Triplex
Built in 1906
-- sqft lot
$1,783,600 Zestimate®
$703/sqft
$-- HOA
What's special
- 121 days |
- 946 |
- 52 |
Zillow last checked:
Listing updated:
Listed by:
Pamela DelRey DRE #00864033 626-841-2387,
Art Del Rey Realty, Inc.
Source: CRMLS,MLS#: AR26066054
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 4
Heating
- Ductless, See Remarks, Wall Furnace
Cooling
- Wall/Window Unit(s)
Appliances
- Included: Gas Range
- Laundry: Laundry Room
Features
- Flooring: Carpet, Vinyl
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 2,556
- Total interior livable area: 2,556 sqft
Video & virtual tour
Property
Parking
- Total spaces: 3
- Parking features: Driveway
- Garage spaces: 3
Features
- Levels: Two
- Stories: 2
- Entry location: Front
- Pool features: None
- Spa features: None
- Has view: Yes
- View description: Mountain(s)
Lot
- Size: 0.28 Acres
- Features: 2-5 Units/Acre, Lawn, Sprinklers Manual, Street Level
Details
- Parcel number: 5720022001
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
Materials
- Roof: Composition
Condition
- New construction: No
- Year built: 1906
Utilities & green energy
- Sewer: Public Sewer, Sewer Tap Paid
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Features: Curbs, Street Lights, Sidewalks
Location
- Region: Pasadena
Financial & listing details
- Price per square foot: $703/sqft
- Tax assessed value: $1,182,152
- Annual tax amount: $14,361
- Date on market: 3/26/2026
- Cumulative days on market: 122 days
- Listing terms: Cash to New Loan
- Tenant pays: Electricity, Gas
Estimated market value
$1,783,600
$1.69M - $1.87M
$4,112/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/1/2026 | Price change | $1,798,000-5.3%$703/sqft |
Source:  CRMLS #AR26066054 Report a problem | ||
| 5/29/2026 | Price change | $1,898,000-5%$743/sqft |
Source: CRMLS #AR26066054 Report a problem | ||
| 3/27/2026 | Listed for sale | $1,998,000+48%$782/sqft |
Source: CRMLS #AR26066054 Report a problem | ||
| 2/1/2009 | Listing removed | $1,350,000$528/sqft |
Source: Listhub #A08065010 Report a problem | ||
| 8/10/2008 | Listed for sale | $1,350,000+84.8%$528/sqft |
Source: Listhub #A08065010 Report a problem | ||
| 1/31/2008 | Sold | $730,500$286/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $14,361 +4.8% | $1,182,152 +2% |
| 2024 | $13,709 +0.9% | $1,158,973 +2% |
| 2023 | $13,593 +3.5% | $1,136,249 +2% |
| 2022 | $13,128 +4.2% | $1,113,970 +2% |
| 2021 | $12,596 +4.1% | $1,092,128 +1% |
| 2020 | $12,103 | $1,080,931 +2% |
| 2019 | $12,103 -1.2% | $1,059,738 +2% |
| 2018 | $12,255 | $1,038,960 +2% |
| 2017 | $12,255 +1.1% | $1,018,590 +2% |
| 2016 | $12,118 +2.1% | $998,619 +1.5% |
| 2015 | $11,866 +3.2% | $983,620 +2% |
| 2014 | $11,501 | $964,353 +4.5% |
| 2011 | -- | $922,719 +0.8% |
| 2010 | -- | $915,824 +1030.1% |
| 2008 | -- | $81,040 +2% |
| 2007 | -- | $79,452 +2% |
| 2006 | -- | $77,895 |
| 2005 | -- | $77,895 +4% |
| 2004 | -- | $74,872 +1.9% |
| 2003 | -- | $73,501 +6.1% |
| 2000 | -- | $69,264 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: South
Nearby schools
GreatSchools rating
- 2/10McKinley SchoolGrades: K-8Distance: 0.9 mi
- 4/10Blair High SchoolGrades: 6-12Distance: 0.3 mi
- $862,500-- bd-- ba-- sqft892 S Marengo Ave, Pasadena, CA 91101Off Market
- $985,6003 bd1 ba1.5k sqft894 S Marengo Ave, Pasadena, CA 91106Off Market
- $--2 bd1 ba1k sqft896 S Marengo Ave, Pasadena, CA 91106Off Market
- $--1 bd1 ba750 sqft892 S Marengo Ave #3, Pasadena, CA 91106Off Market
- $---- bd1 ba500 sqft902 S Marengo Ave APT 2, Pasadena, CA 91106Off Market
- $1,890,0004 bd6 ba3.1k sqft902 S Marengo Ave, Pasadena, CA 91106Sold
- $--1 bd1 ba550 sqft902 S Marengo Ave APT 3, Pasadena, CA 91106Off Market
- $--1 bd1 ba550 sqft902 S Marengo Ave APT 4, Pasadena, CA 91106Off Market
A local agent can set up tours, give advice and negotiate with sellers.
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