Pasadena, CA 91101,514 N Madison Avenue
Pasadena, CA 91101,514 N Madison Avenue
Pasadena, CA 91101,514 N Madison Avenue
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$2,100,000
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1 BD
1 BA
0.28 Acres Lot
Active

514 N Madison Avenue Pasadena, CA 91101

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Jill Miranda

Jill Miranda

Coldwell Banker West

+1(619) 248-1431

UPDATED:

02/20/2025 07:01 PM

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID DW25024692

Bedrooms 1

HOA Y/N No

Lot Size 0.276 Acres

Property Sub-Type Res Income 2-4 Units

Property Description

Positioned in one of Pasadenas most desirable neighborhoods, 514 N. Madison Ave. presents an exceptional opportunity that is IDEAL for owner-occupiers, investors and/or builders alike. The property boasts four bungalow-style units which include four 1-bedroom, 1-bathroom units. All are currently occupied by reliable tenants with a history of timely payments. The propertys prime location, ADU potential, coupled with strong tenant demand and proximity to top-rated schools, solidifies its status as a standout asset in one of Pasadenas most coveted areas. Pasadenas unparalleled amenities further enhance the propertys value and appeal, attracting a diverse range of tenants and prospective homeowners. Renowned for its excellent educational institutions, expansive recreational parks, world-class cultural attractions, robust job market, top-tier healthcare facilities, and safe, community-oriented environment, Pasadena continues to be a highly desirable place to live, work, and invest. Whether youre expanding your residential or commercial real estate portfolio, or looking for YOUR NEW HOME! 514 N. Madison Ave. offers a rare combination of historic charm, modern convenience, and strong financial potential, making it a truly compelling investment opportunity.
Positioned in one of Pasadenas most desirable neighborhoods, 514 N. Madison Ave. presents an exceptional opportunity that is IDEAL for owner-occupiers, investors and/or builders alike. The property boasts four bungalow-style units which include four 1-bedroom, 1-bathroom units. All are currently occupied by reliable tenants with a history of timely payments. The propertys prime location, ADU potential, coupled with strong tenant demand and proximity to top-rated schools, solidifies its status as a standout asset in one of Pasadenas most coveted areas. Pasadenas unparalleled amenities further enhance the propertys value and appeal, attracting a diverse range of tenants and prospective homeowners. Renowned for its excellent educational institutions, expansive recreational parks, world-class cultural attractions, robust job market, top-tier healthcare facilities, and safe, community-oriented environment, Pasadena continues to be a highly desirable place to live, work, and invest. Whether youre expanding your residential or commercial real estate portfolio, or looking for YOUR NEW HOME! 514 N. Madison Ave. offers a rare combination of historic charm, modern convenience, and strong financial potential, making it a truly compelling investment opportunity.

Location

State CA

County Los Angeles

Area Pasadena (91101)

Zoning Public Rec

Building

Lot Description Curbs, Sidewalks

Story 1

Others

Miscellaneous Value in Land

Acceptable Financing Cash, Conventional

Space Rent $1,684

Listing Terms Cash, Conventional


San Diego Regional MLS (SDMLS)
Listed by Rickird Rey Ramirez • Ally Commercial Real Estate

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agent

Jill Miranda

Agent | License ID: 01413799

+1(619) 248-1431

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514 N Madison Avenue