514 N Madison AVE Active Save Request In-Person Tour Request Virtual Tour
Pasadena,CA 91101
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,156 sqft
Price per Sqft $974
MLS Listing ID DW25027813
Bedrooms 4
Full Baths 4
Year Built 1937
Lot Size 0.275 Acres
Property Sub-Type Quadruplex
Property Description
Positioned in one of Pasadena's 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 property's 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 Pasadena's most coveted areas.
Pasadena's unparalleled amenities further enhance the property's 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 you're 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 645 - Pasadena (Nw)
Zoning PSR1
Interior
Cooling Wall/Window Unit(s)
Fireplaces Type None
Laundry Common Area
Exterior
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Biking,Curbs,Park,Sidewalks
View Y/N No
View None
Building
Lot Description 2-5 Units/Acre,Rectangular Lot,Value In Land
Dwelling Type Quadruplex
Story 1
Sewer Public Sewer
Water Public
New Construction No
Schools
School District Pasadena Unified
Others
Acceptable Financing Cash,Cash to New Loan,Conventional
Listing Terms Cash,Cash to New Loan,Conventional
Special Listing Condition Standard