Pasadena 3BR/3BA Townhouse near Old Pasadena - Value-Add Fix & Flip

294 S Marengo Ave, Pasadena, CA 91101

$1,275,000 After Repair Value -
$1,018,999 Asking Price -
$100,000 Cost of Repairs =
$156,001 Potential Profit

Property Details

Asking Price $1,018,999

After Repair Value $1,275,000

Costs of Repairs $100,000

Potential Profit $156,001

Living Area 1439 ft2

Property Type Townhome

Bedrooms 3

Bathrooms 3

Half Bathrooms N/A

Parking 2

Listed with Agent 1

Property Description

3 bed / 3 bath, 1,439 sq ft, three-story Spanish-style townhouse in the Del Mar Townhouses complex, central Pasadena. Walk to Old Pasadena and The Paseo. Saltillo-style tile floors, Talavera-tiled stair risers, living room fireplace, central A/C, 2-car garage with laundry, community pool and spa. HOA $755/mo.Cleared and ready for renovation (old carpet removed) — a value-add opportunity. A fully remodeled unit in the same complex (250 S Marengo) sold for $1.275M in Aug 2026.Some photos are virtually staged / digitally remodeled (labeled); originals included.Listed by Farzad Rastegar, Shorewest Realty (MLS PV - ). Text Jason: - .

Repairs Needed

Needs full interior renovation (old carpet removed; cleared and ready for rehab)

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