542 N Madison Avenue Active

Pasadena,CA 91101

$ 1800000

5 Beds

4 Baths

- SqFt


Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID DW25024844

Bedrooms 5

HOA Y/N No

Lot Size 0.303 Acres

Property Sub-Type Res Income 2-4 Units

Property Description

Positioned in one of Pasadenas most desirable neighborhoods, 542 N. Madison Ave. presents an exceptional opportunity that is IDEAL for owner-occupiers, investors and/or builders alike. The property boasts three distinct bungalow-style units, including one very large 2-bedroom, 2-bathroom unit, one 1-bedroom, 1-bathroom and one 2-bedroom, 1-bathroom unit. All are currently occupied by reliable tenants with a history of timely payments. The propertys 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 Pasadenas most coveted areas. Pasadenas unparalleled amenities further enhance the propertys 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 youre expanding your residential or commercial real estate portfolio, or looking for YOUR NEW HOME! 542 N. Madison Ave. offers a rare combination of historic charm, modern convenience, and strong financial potential, making it a truly compelling investment opportunity.
Positioned in one of Pasadenas most desirable neighborhoods, 542 N. Madison Ave. presents an exceptional opportunity that is IDEAL for owner-occupiers, investors and/or builders alike. The property boasts three distinct bungalow-style units, including one very large 2-bedroom, 2-bathroom unit, one 1-bedroom, 1-bathroom and one 2-bedroom, 1-bathroom unit. All are currently occupied by reliable tenants with a history of timely payments. The propertys 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 Pasadenas most coveted areas. Pasadenas unparalleled amenities further enhance the propertys 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 youre expanding your residential or commercial real estate portfolio, or looking for YOUR NEW HOME! 542 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 Pasadena (91101)

Zoning Public Rec

Exterior

Parking Features Unit1:Assigned

Building

Lot Description Curbs,Sidewalks

Story 1

Others

Acceptable Financing Cash,Conventional

Space Rent $2,600

Listing Terms Cash,Conventional

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