Pasadena, CA 91101,570 N Madison AVE
Pasadena, CA 91101,570 N Madison AVE
Pasadena, CA 91101,570 N Madison AVE
Pasadena, CA 91101,570 N Madison AVE
Pasadena, CA 91101,570 N Madison AVE
Pasadena, CA 91101,570 N Madison AVE
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$ 3,800,000
Est. payment | /mo

0.29 Acres Lot


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$ 3,800,000
Est. payment | /mo
Save

0.29 Acres Lot

Key Details

Property Type Multi-Family

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID DW25024868

HOA Y/N No

Year Built 1963

Lot Size 0.291 Acres

Property Description

Positioned in one of Pasadena's most sought-after neighborhoods, 570 N. Madison Ave. presents an exceptional value-add investment opportunity. Situated just blocks from the vibrant heart of Old Town Pasadena, this property seamlessly blends convenience, accessibility, and long-term income potential, making it an ideal choice for both new and seasoned investors and builders alike.

The property holds 9 very spacious units, including seven 2-bedroom, 1-bathroom units and three 3-bedroom, 1-bathroom units, all currently occupied by reliable, on-time paying tenants. Its 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 potential buyers. 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, 570 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

Fireplace No

Laundry Common Area

Exterior

Garage Spaces 3.0

Garage Description 3.0

Pool None

Community Features Curbs, Gutter(s), Suburban, Sidewalks

Total Parking Spaces 3

Private Pool No

Building

Lot Description 6-10 Units/Acre

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5731006024

Energy Description 420.0

Acceptable Financing Cash, Cash to New Loan, Conventional

Listing Terms Cash, Cash to New Loan, Conventional

Special Listing Condition Standard

California Regional MLS (CRMLS)
Listed by Rickird Rey Ramirez • Ally Commercial Real Estate
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570 N Madison AVE