**RARE MULTI-FAMILY PROPERTY FOR SALE- ZONED RM-32 & IS SITUATED ON A LOT SIZE OF 13,020 SQFT ALLOWING FOR FUTURE DEVELOPMENT UP TO 10 UNIT***Attention investors and retirees! Don’t miss this rare opportunity to own a fully upgraded multi-family property in the heart of coveted Pasadena! This investment opportunity currently includes TWO SFR'S & 2 APARTMENTS ALL WITH THEIR WITH OWN PARKING! It’s ideally located near iconic landmarks like the Rose Bowl, Descanso Gardens, Arroyo Canyon trails, and Kidspace Children’s Museum. Upscale shopping, fine dining, and vibrant nightlife on Colorado Blvd are just 1.5 miles away too! The front building houses two spacious 1,036 sq ft apartments. Each features a modern kitchen with a sleek blue island, stone countertops, matching backsplash, and stainless steel appliances. The bathrooms have new white shower and floor tiles, updated vanities, and contemporary fixtures. The Newer flooring and fixtures add to the timeless aesthetics. Unit comes with designated parking spaces. This property also includes two standalone homes behind the apartment structures-A RARE FIND! The middle unit is an SFR, at 1,216 sq ft, offers three bedrooms, one full bathroom, and a private two-car garage. The rear unit (SFR), spanning 1,649 sq ft, includes four bedrooms
MLS #
CRCV25197857
MLS Source
California Regional MLS
Days on Site
16
Appliances
Other
Cooling
Central Forced Air
Pool
None
Garage/Parking
Garage: 4 Car(s)
HOA Fee
$0
Listing Agent
Mike Chou
K.W. EXECUTIVE
License #: 01852861
Phone: –
Co-Listing Agent
Kristine Cheng
KW Executive
License #: 01702338
Phone: (626) 872-2207
# Buildings | # Leased Units | # Total Units |
---|---|---|
3 | – | 4 |
1385 N Marengo Ave is a Residential Income in Pasadena, CA 91103. This – square foot property sits on a 13,020 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $2,750,000 and was built in 1980.
This address can also be written as 1385 N Marengo Ave, Pasadena, CA 91103.©2025 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of September 12, 2025. For the most current information, please contact Mike Chou