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$1,550,000
Est. payment /mo
3 Beds
0.3 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID AR25254902
Bedrooms 3
Lot Size 0.303 Acres
Property Sub-Type Res Income 2-4 Units
Property Description
4 Single-story Bungalows several blocks north of Old Town Pasadena, Large 13k SF Lot, highly desirable layout, Easy to Rent and Manage. 526-532 N Madison Ave, a bungalow style 4-units Single story apartment in the City of Pasadena. Situated only several blocks north of Old Town Pasadena, 2 blocks west of Los Robles Ave, and just within walking distance of many dining, shopping, and other attractions in Pasadena. It is situated on a quiet residential street surrounded by single family houses. This property is being sold together with 5 adjacent buildings to its north and south that are own by same seller can be purchased together or individually (514 N Madison, 536 N Madison, 542 N Madison, 562 N Madison, and 570 N Madison). The property offers a highly desirable bungalow single-story layout (no adjoining walls) providing tenants with single family residential feel. It consists of 4 separate bungalows with a lush center courtyard/walkway providing serene atmosphere for the tenants. The unit mix is one (1) x 2bedroom+1bathroom 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. Each unit is charming with original hardwood flooring, ceiling fans, plenty of built in cabinets, tiled kitchen and bathroom, and in-unit laundry hookups. The front 1 bedroom unit (532) is currently vacant and may be delivered vacant. Parking is provided via detached 3 car garages and 1 open space in the back. Each unit has i
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
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Listed by Handoko Chen Growth Investment Group Pasade
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Mary Ellen Haywood
Broker Associate | CA DRE#01264878
Broker Associate CA DRE#01264878