892 S MarengoPasadena, CA 91106

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.

Property Information

Property type

Residential Income

Sub-type

Triplex

Style

Craftsman

Year built

1906

Stories

2

Building area

2,556 Sq Ft

Lot size

0.28 acres

Garage spaces

3

Parking spaces

6

Zoning

RM-32

Days on market

69

MLS^® Listing#

AR26164327

Property Features

Appliances

Gas Range

Cooling

Wall/Window Unit(s)

Heating

See Remarks · Wall Furnace

Flooring

Carpet · Vinyl · Wood

Fireplace

None

Pool

None

Parking

Assigned

Laundry

Washer Hookup · Gas Dryer Hookup

Lot features

Back Yard · Front Yard · Near Public Transit

Roof

Composition

Security

Carbon Monoxide Detector(s) · Smoke Detector(s)

Community

Curbs · Street Lights · Suburban · Sidewalks · Park

Utilities

Cable Connected · Electricity Connected · Natural Gas Connected · Sewer Connected · Water Connected

Water source

Public

Financial Details

HOA

None

Parcel number

5720022001

Directions

S/California