526 N Madison
Pasadena — 4 units / 3,326 sf building
Listing Agent: Handoko Chen, Growth Investment Group Pasade
Units
4
Building Size
2,846 sf
Lot Size
6,432 sf
Status
Active
Listing Agent: Odette Peters, Coldwell Banker Hallmark
Pasadena
About This Property
Attention Investors, Future Pasadena Buyers, and 1031 Exchange Clients! The Tax Assessor shows this as a 3-unit property; however, upon inspection, you’ll find it actually functions as a 4-unit property! Located in one of Pasadena’s most desirable and centrally located neighborhoods, this property consists of three 1-bedroom/1-bath units and one large vacant studio (approximately 1,000 sq. ft.). Separate 2 car garage and basement. Room to put laundry room in the basement. Check with the City. Current rents for the one-bedroom units are $1,471, $1,568, and $1,409. This is an excellent opportunity to restore charming Craftsman-style units, capitalize on strong rental demand, and explore the potential to add ADUs—buyer to verify with the City of Pasadena. Don’t miss out—submit your best offer!
Unit Mix
Neighborhood
This property is located in Pasadena. Want to learn more about the area?
Explore CommunitiesAsking Price
$1,390,000
An agent at The Ave. will respond, not the listing agent.
Listing Agent
Odette Peters
Coldwell Banker Hallmark
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