514 N Madison Avenue Pasadena, CA 91101

4 Beds
4 Baths
2,156 Sqft
11,996 Sqft lot
0.28 Acre lot
Status: Active
Property Type: Quadruplex
Year Built: 1937
Days on Website: 80

Property listed by Ally Commercial Real Estate, Rickird Rey Ramirez

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.

Open House

Property Details and Features

  • 4 total bedrooms
  • 4 main level bedrooms
  • 4 main level bathrooms
  • 4 full bathrooms
  • 4 total bathrooms
  • Built in 1937
  • Levels: One
  • Living area: 2156
  • 1 story
  • Common walls: NoCommonWalls
  • Biking
  • Curbs
  • Park
  • Sidewalks
  • WallWindowUnits
  • None
  • 2 spaces
  • AllBedroomsDown
  • BedroomOnMainLevel
  • CommonArea
  • ListingID: DW25027813
  • Standard status: Active
  • 34 days on market
  • Country: US
  • 0.2754 acres
  • 11,998 square feet
  • Size: 11,998
  • TwoToFiveUnitsAcre
  • RectangularLot
  • ValueInLand
  • 2 totals parking
  • None
  • Zoning: PSR1
  • None
  • PublicSewer