24
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$1,249,000
Est. payment /mo
4 BD
4 BA
0.32 Acres Lot
New
865 N Madison Avenue Pasadena, CA 91104
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UPDATED:
03/06/2025 05:42 PM
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR25048636
Bedrooms 4
HOA Y/N No
Lot Size 0.324 Acres
Property Sub-Type Res Income 2-4 Units
Property Description
Prime Pasadena 4-Plex with Expansion Potential! Fantastic investment opportunity in Pasadena! This spacious single-level 4-plex sits on one of the largest lots in the area, offering both immediate rental income and future development potential. The property consists of four units: one 2-bed/1-bath, one studio/1-bath, and two 1-bed/1-bath units. Currently, three units are rented, while the vacant 1-bed/1-bath has been fully remodeled and is move-in readyperfect for an owner-occupant or new tenant. Additional highlights include onsite parking, ample tenant space, and a large rear flat lot with the possibility for future expansion or additional units (buyer to verify). Dont miss this rare chance to own a versatile income property in a highly desirable Pasadena location!
Prime Pasadena 4-Plex with Expansion Potential! Fantastic investment opportunity in Pasadena! This spacious single-level 4-plex sits on one of the largest lots in the area, offering both immediate rental income and future development potential. The property consists of four units: one 2-bed/1-bath, one studio/1-bath, and two 1-bed/1-bath units. Currently, three units are rented, while the vacant 1-bed/1-bath has been fully remodeled and is move-in readyperfect for an owner-occupant or new tenant. Additional highlights include onsite parking, ample tenant space, and a large rear flat lot with the possibility for future expansion or additional units (buyer to verify). Dont miss this rare chance to own a versatile income property in a highly desirable Pasadena location!
Prime Pasadena 4-Plex with Expansion Potential! Fantastic investment opportunity in Pasadena! This spacious single-level 4-plex sits on one of the largest lots in the area, offering both immediate rental income and future development potential. The property consists of four units: one 2-bed/1-bath, one studio/1-bath, and two 1-bed/1-bath units. Currently, three units are rented, while the vacant 1-bed/1-bath has been fully remodeled and is move-in readyperfect for an owner-occupant or new tenant. Additional highlights include onsite parking, ample tenant space, and a large rear flat lot with the possibility for future expansion or additional units (buyer to verify). Dont miss this rare chance to own a versatile income property in a highly desirable Pasadena location!
Location
State CA
County Los Angeles
Area Pasadena (91104)
Zoning Assessor
Building
Lot Description Curbs, Sidewalks
Story 1
Level or Stories 1 Story
Others
Space Rent $773
Listed by Carey Eckert • Park Regency Realty
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