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Stacey Alysson Melman

925 N Marengo AV
Pasadena, CA, 91103
$1,490,000
8 Beds
6 Baths
3,834 SqFt
0.35 Acres
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MLS #26860377 image #0
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.
AGENT: Angelica Gotzev
LISTING BROKERAGE: Kidder Mathews of California, Inc.
925 N Marengo AV
Pasadena, CA

Property Details

Price:
$1,490,000
MLS #:
26860377
Status:
Active
Beds:
8
Baths:
6
Type:
Single Family
Neighborhood:
645pasadenanw
Listed Date:
Jul 15, 2026
Finished Sq Ft:
3,834
Total Sq Ft:
3,834
Lot Size:
15,124 sqft / 0.35 acres (approx)
Year Built:
1947
645 – Pasadena (nw)645pasadenanw
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Schools

Interior

Cooling
WW
Heating
WL
Laundry Features
DINC, WINC
Levels
A

Exterior

Parking Spots
6
Parking Total
6

Financial

Gross Operating Income
$80,898
Net Operating Income
$39,473

Map

Community

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