UPDATED:
02/07/2025 02:42 PM
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
HOA Y/N No
Year Built 1937
Lot Size 0.275 Acres
Property Sub-Type Quadruplex
Property Description
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
Rooms
Main Level Bedrooms 4
Interior
Interior Features All Bedrooms Down, Bedroom on Main Level
Cooling Wall/Window Unit(s)
Fireplaces Type None
Fireplace No
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
Attached Garage No
Total Parking Spaces 2
Private Pool No
Building
Lot Description 2-5 Units/Acre, Rectangular Lot, Value In Land
Dwelling Type Quadruplex
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Schools
School District Pasadena Unified
Others
Senior Community No
Tax ID 5731006009
Acceptable Financing Cash, Cash to New Loan, Conventional
Listing Terms Cash, Cash to New Loan, Conventional
Special Listing Condition Standard
