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Listed by Pamela DelRey, DRE #00864033 • Art Del Rey Realty, Inc.
$ 1,748,000
Est. payment | /mo
0.28 Acres Lot
$ 1,748,000
Est. payment | /mo
0.28 Acres Lot
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRAR26164327
Style Craftsman
Year Built 1906
Lot Size 0.283 Acres
Property Sub-Type Triplex
Source California Regional MLS
Property 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.
Location
State CA
County Los Angeles
Area 647 - Pasadena (Sw)
Rooms
Kitchen Oven Range - Gas
Interior
Heating Other, Wall Furnace
Cooling Window / Wall Unit
Laundry Gas Hookup, 30
Exterior
Parking Features Assigned Spaces
Garage Spaces 6.0
Pool 31, None
View Hills
Roof Type Composition
Building
Lot Description Grade - Level
Sewer Sewer Available
Water District - Public
Architectural Style Craftsman
Others
Tax ID 5720022001
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