47
See all 47 photos
$1,550,000
Est. payment /mo
3 Beds
2 Baths
0.3 Acres Lot
New
526 N Madison Pasadena, CA 91101
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID AR26225618
Bedrooms 3
Lot Size 0.303 Acres
Property Sub-Type Res Income 2-4 Units
Property Description
4 Single-story Bungalow Court near Old Town Pasadena, delivered with a Fully Renovated Vacant 2-Bedroom Unit, Large 13k SF Lot, and 4-ADU Upside Potential. Can be purchased together with 542 N Madison (3 units). 526-532 N Madison Ave, a 4-unit Single-story Bungalow Court in the City of Pasadena. Situated only several blocks north of Old Town Pasadena, it is on a quiet residential street surrounded by single family houses. The property offers a highly desirable bungalow single-story layout (no adjoining walls) providing tenants with single family residential feel. It has a lush center courtyard/walkway providing serene atmosphere for the tenants. This superb value offering provides a rare opportunity for owner/user or first-time apartment investor as the largest unit/bungalow has been recently upgraded and can be delivered vacant. This property can be acquired together with 542 N Madison and was part of Madison Park Portfolio (6 total properties 4 have been sold). The unit mix is one (1) x 2bedroom+1bathroom (owners unit) and three (3) 1bedroom+1bathroom units, which makes it very easy to rent and manage. The property was built in 1940, has a total of 3,326 SF building size (Average unit size is 830SF/unit) and is situated on a large 13,185 SF lot. Owner has spared no expense in relocating the previous tenant and then fully upgrades this owners unit into a modern standard. This recently upgraded unit has brand new flooring throughout, fully upgraded kitchen with shaker cabinets, fully upgraded bathroom, and led lighting throughout. Each unit is charming with original hardwo
Location
State CA
County Los Angeles
Zoning Assessor
Direction 2 blocks east of Los Robles Ave and 1 block north of Villa St
Interior
Cooling Wall/Window
Fireplace No
Exterior
View Y/N No
Building
Story 1
Level or Stories 1
Others
Senior Community No
Tax ID 5731006010
Acceptable Financing Cash
Listing Terms Cash
Listed by Handoko Chen, DRE#01749321 Growth Investment Group Pasade
NEARBY SCHOOL & BUSINESS
GET MORE INFORMATION