902 S Marengo Avenue, Pasadena, CA 91106
Local realty services provided by:CENTURY 21 Affiliated
902 S Marengo Avenue,Pasadena, CA 91106
$2,200,000
- 1 Beds
- 2 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: handoko chen
Office: growth investment group pasade
MLS#:AR26043987
Source:San Diego MLS via CRMLS
Price summary
- Price:$2,200,000
About this home
Prime 6-Unit Multifamily in Pasadena's Coveted Madison Heights Walk Score 86, Steps from ArtCenter College of Design campus, Huntington Hospital, Whole Foods, Old Pasadena, and Metro Gold Line. 5% CAP Rate in an A-Class Location Fantastic Demographics, Nearby many new Townhomes/Condominiums, 4 car garage prime for 2 ADUs, Many CAPEX Completed. 902 S Marengo Ave, a rare 6-unit multifamily gem in Pasadena's elite Madison Heights neighborhood. This property represents a rare "Value-Add" play in a Class-A location, offering a high 5% CAP rate with significant potential for further appreciation through ADU development and long-term improvements. This garden-style asset sits in an A-location, steps from ArtCenter College of Design, Whole Foods, Shake Shack, and a short walk to Old Pasadena's vibrant scene, the Pasadena Playhouse, and Metro Gold Line. With a Walk Score of 86, Fantastic Demographics of $163k in a-mile radius, and proven appeal to high-caliber tenants (including international ArtCenter students and Caltech professionals), it delivers effortless leasing and superior retention most units rent to young pros seeking walkable luxury. Built in 1928 (fourplex) and 1956 (duplex) per online permits from citys website, the 3,192 SF property on a 7,749 SF lot boasts timeless charm: high ceilings, abundant windows, original hardwoods in the front building, plus modern touches like mini-split HVAC, upgraded electrical, and recent exterior paint. Unit mix includes 4 x 1BD/1BA and 2 x large studios. Two units fully renovated with in-unit laundry; others feature targeted upgrade
Contact an agent
Home facts
- Listing ID #:AR26043987
- Added:2 day(s) ago
- Updated:March 02, 2026 at 03:33 PM
Rooms and interior
- Bedrooms:1
- Total bathrooms:2
Heating and cooling
- Cooling:Wall/Window
Structure and exterior
- Levels:2 Story
Finances and disclosures
- Price:$2,200,000
New listings near 902 S Marengo Avenue
- New
$709,000Active2 beds 2 baths1,025 sq. ft.1097 Blanche Street #311, Pasadena, CA 91106
MLS# AR26044597Listed by: RE/MAX PREMIER PROP ARCADIA - New
$1,600,000Active3 beds 3 baths1,415 sq. ft.2209 Queensberry, Pasadena, CA 91104
MLS# CV26044848Listed by: EXP REALTY OF GREATER LOS ANGELES - New
$468,000Active1 beds 1 baths772 sq. ft.360 S Euclid #122, Pasadena, CA 91101
MLS# PW26044684Listed by: OPTIMUM REALTY - New
$709,000Active2 beds 2 baths1,025 sq. ft.1097 Blanche Street #311, Pasadena, CA 91106
MLS# AR26044597Listed by: RE/MAX PREMIER PROP ARCADIA - New
$665,000Active2 beds 2 baths847 sq. ft.156 S Oak Knoll Avenue #101, Pasadena, CA 91101
MLS# 26657983Listed by: EXP REALTY OF GREATER LOS ANGELES - New
$630,000Active2 beds 2 baths973 sq. ft.355 S Marengo Avenue #402, Pasadena, CA 91101
MLS# P1-26043Listed by: MARKEY & ASSOCIATES - Open Thu, 10am to 2pmNew
$630,000Active2 beds 2 baths973 sq. ft.355 S Marengo Avenue #402, Pasadena, CA 91101
MLS# P1-26043Listed by: MARKEY & ASSOCIATES - New
$645,000Active2 beds 3 baths1,055 sq. ft.1318 Corson #4, Pasadena, CA 91106
MLS# GD26043815Listed by: ARCHETYPE REAL ESTATE GROUP IN - New
$1,198,000Active3 beds 2 baths1,201 sq. ft.640 E Rio Grande Street, Pasadena, CA 91104
MLS# P1-26031Listed by: KELLER WILLIAMS REALTY