2046 Marengo Avenue, South Pasadena, California 91030, South Pasadena, 91030 - 3 bed, 2 bath

2046 Marengo Avenue
South Pasadena, California 91030
Property Price
SUMMARY
Analysis of 2046 Marengo Avenue, South Pasadena, California 91030 reveals a Fairly Priced Property with a current list price of $1,700,000 aligned with the estimated $1,669,763 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the South Pasadena Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2046 Marengo Avenue Subject | $1,700,000* List Price | 3 | 2 | 1,828 | $913 | - |
A 2015 Stratford Avenue Sold | $1,922,500 | 3 | 2 | 1,688 | $1,139 | 0.1 mi |
B 1707 Garfield Avenue Sold | $1,478,000 | 2 | 2 | 1,660 | $890 | 0.8 mi |
C 1920 Fletcher Avenue Sold | $1,950,000 | 4 | 3 | 2,036 | $958 | 0.3 mi |
D 2041 Primrose Avenue Pending | $1,449,000 List Price | 3 | 3 | 1,428 | $1,015 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
This 1925 cottage is well-maintained with high-quality cosmetic updates including freshly refinished hardwood floors, new interior paint, and a modernized electrical panel. However, the kitchen and bathrooms are significantly dated, featuring older cabinetry, vintage tile work, and aged appliances that require modernization to meet current standards. The property is functional and clean but shows its age in key areas, fitting the 'Fair' criteria.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Location & Schools
Situated in the highly sought-after Marengo District, the property offers close proximity to South Pasadena's top-rated elementary, middle, and high schools, making it an ideal choice for families.
- ADU Conversion Potential
The detached two-car garage provides an excellent opportunity for conversion into an Accessory Dwelling Unit (ADU), offering potential for rental income or a private guest suite.
- Classic Character with Modern Updates
This 1925 English cottage retains its original charm with refinished hardwood floors and built-ins, while benefiting from essential modern upgrades like a new electrical panel and fresh interior paint.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 4.
- Dated Kitchen and Bathrooms
The kitchen and bathrooms require full modernization, which will necessitate additional capital investment and renovation time from the buyer to bring the home up to contemporary standards.
- Limited Functional Fireplace
The fireplace in the formal living room is noted as decorative, which may be a drawback for buyers seeking a functional wood-burning or gas heating element for ambiance and warmth.
About 2046 Marengo Avenue
Welcome to this charming English cottage-style home nestled in the heart of South Pasadena's Marengo District. Lovingly maintained by the same family for decades, this 1828 sq ft 3-bedroom, 2-bath residence offers both classic character and endless potential.The home's inviting floor plan features a lovely entry area with built-ins, spacious formal living room with decorative fireplace, formal dining area, and a family room with wet-bar and cabinetry--ideal for both entertaining and everyday living. Gleaming hardwood floors have been freshly refinished throughout, complemented by crisp new paint and an updated electrical panel which blends modern safety with timeless appeal. Wood shutters grace two of the bedrooms, adding a layer of warmth and privacy that feels perfectly in keeping with the home's cottage character. Sunlight fills the rooms, creating a warm and welcoming atmosphere throughout the day. The kitchen and bathrooms present a wonderful opportunity for buyers to customize and update to their personal taste, adding immediate value and style.The generously sized primary suite offers a true retreat within the home, providing ample space to unwind at the end of the day. A secondary bedroom delights with a charming built-in window seat--the perfect nook for curling up with a good book.Step outside to your private retreat--a beautifully landscaped yard featuring two distinct patio areas, perfect for al fresco dining, morning coffee, or evening relaxation. A two car garage provides plenty of room for cars, toys and storage -- and excellent potential for conversion to an ADU. The thoughtful landscaping creates an intimate outdoor sanctuary.Location is everything, and this home delivers. Just blocks away from acclaimed Marengo Elementary, South Pasadena Middle School, and South Pasadena High School, you will appreciate the close proximity to all of the city's top-rated schools. Near parks, public transit, and conveniently close to DTLA for an effortless commute. This well-cared-for home in one of South Pasadena's most desirable neighborhoods is ready for its next chapter.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1925
- Lot Size
- 6,600 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 3.0 | 47% |
| Square foot | 1,828 | 2,030 | 35% |
| Lot Size | 6,600 | 7,750 | 24% |
| Price | $1.70M | $1.95M | 33% |
| Price per sq ft | $930 | $990 | 36% |
| Built year | 1925 | 1925 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 13 | 163 | 7% |
Pricing History
Listed for Sale
Feb 21, 2026
$1,700,000
Initial Listing







































