294 South Marengo, Pasadena, CA 91101
294 South Marengo, Pasadena, CA 91101
Property Description
FOR SALE – PASADENA OPPORTUNITY | 3 BED / 3 BATH | 1,439 SQ FT | 3-STORY HOME Located at 294 S. Marengo Ave., Pasadena, CA 91101, this three-story home presents an excellent opportunity in one of Pasadena’s most desirable locations. Featuring 3 bedrooms, 3 bathrooms, and 1,439 square feet of living space, this property offers a functional multi-level layout with strong potential. The home has been cleared and prepared for its next owner, with the existing carpet already removed to provide a clean slate for renovation. Whether you’re looking to modernize the space, create your dream home, or pursue a value-add investment, the property is ready for your personal touches and design preferences. HIGHLIGHTS: * 3 Bedrooms / 3 Bathrooms * Three-story floor plan * 1,439 Sq. Ft. of living space * Spacious 2-car garage with ample storage space, even with both vehicles parked inside * Cleared and ready for renovation, with existing carpet already removed * Walking distance to Old Pasadena and The Paseo, offering exceptional shopping, dining, and entertainment, including Panini Kabob Grill, Yard House, the Pasadena Convention Center, and a variety of popular restaurants and retailers * Just minutes from premium amenities, including Equinox Pasadena, Houston’s Restaurant, and premier shopping at Apple, Sephora, Patagonia, Anthropologie, Vuori, Madewell, as well as the Rivian and Tesla showrooms * Excellent opportunity for a remodel, investment, or owner-occupant looking to add value * Prime central Pasadena location with convenient access to major freeways and public transportation
Features & Amenities
Property Details
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Comparative Market Analysis
Affordable Tier · 5 active · 5 closed
Pasadena · Townhouse
Listed 13.2% above the median closed sale of $900,000. Price per sqft ($708) is a 12% premium to closed comps ($633). Closed comps sold at 101% of list — strong seller's market.
Price Position
Positioned above the market — commands a premium.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 477 Euclid Avenue | Pasadena | 1981 | 3 | 3 | 1,697 | 9,719 | $570 | $968,000 | 50 | 85 |
| 690 Marengo Avenue | Pasadena | 2006 | 3 | 3 | 1,440 | 12,418 | $624 | $899,000 | 19 | 82 |
| 201 Orange Grove | Pasadena | 1973 | 2 | 2 | 1,470 | 170,024 | $748 | $1.10M | 10 | 81 |
| 802 Magnolia Avenue | Pasadena | 1986 | 2 | 3 | 1,253 | 12,016 | $698 | $874,000 | 11 | 81 |
| 537 Cypress | Pasadena | 2006 | 3 | 3 | 1,432 | 10,319 | $628 | $899,999 | 18 | 77 |
| Total: 5 · Average | 2.6 | 2.8 | 1,458.4 | 42,899.2 | $653.6 | $948,199.8 | 21.6 | |||
| Median | 1,440 | $899,999 | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 330 Cordova | Pasadena | 1981 | 08/04/2026 | 2 | 3 | 1,592 | 144,125 | $899,000 | $880,000 | $553 | 0.98 | 36 | 88 |
| 657 Marengo Avenue | Pasadena | 1984 | 06/23/2026 | 3 | 3 | 1,496 | 13,640 | $899,000 | $965,000 | $645 | 1.07 | 41 | 85 |
| 515 Madison Avenue | Pasadena | 1987 | 09/18/2026 | 2 | 3 | 1,373 | 13,231 | $875,000 | $875,000 | $637 | 1.00 | 114 | 83 |
| 394 Los Robles Avenue | Pasadena | 1984 | 04/10/2026 | 2 | 3 | 1,334 | 1,742 | $935,000 | $900,000 | $675 | 0.96 | 49 | 82 |
| 384 Del Mar Boulevard | Pasadena | 1989 | 06/05/2026 | 2 | 3 | 1,674 | 20,947 | $1.05M | $1.10M | $657 | 1.05 | 22 | 75 |
| Total: 5 · Average | 2.2 | 3.0 | 1,493.8 | 38,737 | $944,000 | $944,000 | $633.4 | — | 52.4 | ||||
| Median | 1,496 | $900,000 | $900,000 | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.