925 N Marengo Avenue, Pasadena, CA 91103
Local realty services provided by:ERA Excel Realty
925 N Marengo Avenue,Pasadena, CA 91103
$1,490,000
- 8 Beds
- 6 Baths
- 3,834 sq. ft.
- Multi-family
- Active
Listed by: angelica gotzev, janet neman
Office: kidder mathews of california, inc.310-312-1800
MLS#:26860377
Source:CRMLS
Price summary
- Price:$1,490,000
- Price per sq. ft.:$388.63
About this home
he offering consists of two parcels: APN 5729-016-011, improved with a duplex, and APN 5729-016-009, improved with a quadruplex. Built in 1947, the property totals approximately 3,834 rentable square feet on a large 15,124-square-foot PSR1-zoned corner lot. The unit mix includes four one-bedroom/one-bath units and two two-bedroom/one-bath units. Each unit features in-unit laundry and wall-unit air conditioning. The property also offers driveway access and six garage parking spaces.Current rents are below market, providing a new owner with the opportunity to renovate units, improve operations, and increase rental income as units turn. The oversized lot may also offer potential for future ADU development, creating an additional opportunity to enhance income and long-term value. Buyer to independently verify all development and ADU feasibility.Ideally located just north of Mountain Street and east of the 210 Freeway, the property provides convenient access to Old Pasadena, Downtown Pasadena, the Rose Bowl, Pasadena City College, Caltech, major employment centers, and the area's premier shopping, dining, and entertainment amenities. With strong tenant demand, limited multifamily inventory, and long-term appreciation potential, 917933 N Marengo Avenue represents a compelling investment opportunity in one of Pasadena's most established residential neighborhoods....
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Home facts
- Year built:1947
- Listing ID #:26860377
- Added:1 day(s) ago
- Updated:July 16, 2026 at 11:10 AM
Rooms and interior
- Bedrooms:8
- Total bathrooms:6
- Living area:3,834 sq. ft.
Heating and cooling
- Cooling:Wall Window Units
- Heating:Wall Furnance
Structure and exterior
- Year built:1947
- Building area:3,834 sq. ft.
- Lot area:0.35 Acres
- Levels:1 Story
Finances and disclosures
- Price:$1,490,000
- Price per sq. ft.:$388.63
Features and amenities
- Appliances:Dryer, Washer
- Laundry features:Dryer, Washer
Parking
- Total parking spaces:6
- Parking description:Door-Single, Garage
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