387 S Marengo Ave, a 2017 building in Pasadena.
Set in Pasadena, 387 S Marengo Ave is a condominium building. It was built in 2017.
Contact a Condos of LA advisor for current availability, pricing, and a private tour of 387 S Marengo Ave.
Condos for sale & rent at 387 S Marengo Ave
Listings update automatically from the MLS. Availability and pricing are provided by the listing brokerages.
Recent sales at 387 S Marengo Ave
| Date | Residence | Beds/Baths | Sq Ft | Sale price | $/Sq Ft | |
|---|---|---|---|---|---|---|
| Jun 2025 | 308 | 4 bd · 3 ba | 1,640 | $1,700,000 | $1,037 | n/a |
Closed sales at 387 S Marengo Ave from MLS records.
What to know before you buy at 387 S Marengo Ave
The details that make or break a condo decision: current HOA dues and what they cover, parking, and the building's pet & leasing rules. Our advisors pull these straight from the building's HOA documents for any residence you're weighing.
Learn moreCompiled from public sources · last reviewed July 2026. We confirm current dues, reserves, lender and policy details for any residence you're considering.
Can you finance a condo at 387 S Marengo Ave?
We haven't confirmed the unit count at 387 S Marengo Ave, and for a conventional loan it decides which review the building gets, so confirm it with the HOA or the listing agent first.
2 to 10 units: the loan may qualify for a project review waiver (Fannie Mae and Freddie Mac, since March 18, 2026), as long as the building isn't flagged and the insurance meets the rules. Buildings of 5 to 10 units also can't be part of a master association.
11 or more units: the loan requires a Full Review of the HOA's finances, the rule since August 3, 2026. For applications dated January 4, 2027 or later, the review checks whether the budget sends at least 15% of dues to reserves or funds the reserve study's top recommendation.
In LA County, conventional loans reach $1,249,125 in 2026. Jumbo loans above that follow the lender's own condo rules, and non-QM loans work outside agency rules, typically with more down and a higher rate.
Tell us which residence you're weighing. Tyler or Michael will follow up personally with what to request from the HOA and what we find in it.
Get a building check for 387 S Marengo AveBackground: what warrantable and non-warrantable mean, and how the 2027 condo loan rules work.
General information as of October 27, 2026, not lending advice. Lenders apply their own rules, and only a lender's review decides whether a loan works at 387 S Marengo Ave.
In the heart of Pasadena
387 S Marengo Ave places you at the center of Pasadena, with the neighborhood's dining, shopping and character just outside your door and the rest of Los Angeles within easy reach.