Triplex for sale in Southern California — $1,798,000. 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 pr…
$1,798,000
892 S Marengo, Pasadena, CA 91106
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.
Listing updated: June 30, 2026 at 5:56 PM
Listed by: Pamela DelRey, Art Del Rey Realty, Inc.
Source: CRMLS, MLS#: AR26066054, Originating MLS: California Regional MLS
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| Date | Event | Price |
|---|---|---|
6/30/2026 Source: CRMLS, #AR26066054 | Price change | $1,798,000-5.3% |
| 3/26/2026Source: CRMLS, #AR26066054 | Listed for sale | $1,898,000 |
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