779 N MarengoPasadena, CA 91103

Description

ONE-OF-A-KIND opportunity in Pasadena's Villa Parke neighborhood. Dreaming of a storybook home full of timeless charm? Or a rare multi-family lot to build your next income property? This ±14,927 SF RM-32 property offers both. For the homeowner: hidden behind a lush natural hedge, this early-1900s classic feels like a scene from a romantic movie, complete with its own Romeo-and-Juliet balcony and walls of windows that pour in natural light. Approx. 3,426 SF with 5 bedrooms and 4 baths, ready for a full renovation, plus a sweeping backyard with room for ADUs or limitless potential to shine. For the investor: preliminary 8-unit plans are ready to go, with potential for 20+ units through state density bonus incentives for affordable housing . The City confirmed in 2021 that the home is not a historic landmark, giving you the flexibility to redevelop. Villa Parke is one of Pasadena's most walkable neighborhoods, minutes from the cafés, boutiques, and dining of Old Pasadena, the Metro A Line, and the 210, with Caltech, JPL, ArtCenter, and Huntington Hospital nearby. Lots like this rarely come to market. Schedule your private showing before this dream to be opportunity is gone.

Property Information

Property type

Residential

Sub-type

Single Family Residence

Structure type

House

Year built

1920

Stories

2

Living area

3,426 Sq Ft

Lot size

38.86 acres

Days on market

2

MLS^® Listing#

PW26239858

Property Features

Cooling

Central Air

Fireplace

Family Room

Pool

None

Laundry

Inside · Laundry Room

Lot features

Rectangular Lot

Community

Street Lights · Sidewalks

Sewer

Public Sewer

Water source

Public

Financial Details

HOA

None

Parcel number

5725010032

Directions

on n marengo ave