Home | Los Angeles County | Pasadena | 91106 | 902 S Marengo Ave
MLS: CRAR26043987 | Status: | Price: $2,200,000
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| – | – | – | 7,749 | 1956 |
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 city’s website, the 3,192 SF property on a 7,749 SF lot boasts tim
| Field | Value |
|---|---|
| MLS # | CRAR26043987 |
| MLS Source | California Regional MLS |
| Feature | Details |
|---|---|
| Appliances | Freezer, Garbage Disposal, Oven - Gas, Oven Range - Gas, Dryer, Washer |
| Cooling | Window/Wall Unit |
| Heating | Wall Furnace |
| Feature | Details |
|---|---|
| Roof | Shingle |
| Foundation | Raised, Slab |
| Style | Colonial |
| Feature | Details |
|---|---|
| Garage/Parking | Assigned Spaces, Carport, Garage, Private / Exclusive, Garage: 4 Car(s) |
| HOA Fee | $0 |
Handoko Chen
Growth Investment Group Pasade
License #: 01749321
Phone: –
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 2 | 6 | – |
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This listing information is up-to-date as of May 11, 2026. For the most current information, please contact Handoko Chen.