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MaryLou Adame-Martinez

marylou@teammarylou.com +1(949) 690-7149

$ 1,550,000

Est. payment -/mo

Save

Active

526 N Madison Pasadena, CA 91101

0.3 Acres Lot

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID AR25254902

Construction Status Repairs Cosmetic

HOA Y/N No

Year Built 1940

Lot Size 0.303 Acres

Property Sub-Type Quadruplex

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 individual water heaters and separately metered for electricity and gas. Each unit has its own laundry hookups.

Location

State CA

County Los Angeles

Area 645 - Pasadena (Nw)

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Flooring Carpet, Wood

Fireplaces Type None

Fireplace No

Appliance Gas Range

Laundry Washer Hookup, Gas Dryer Hookup

Exterior

Parking Features Assigned, Concrete, Detached Carport, Driveway

Garage Spaces 3.0

Garage Description 3.0

Fence None

Pool None

Community Features Suburban, Valley

Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected

View Y/N No

View None

Total Parking Spaces 4

Private Pool No

Building

Lot Description Lawn, Level, Near Public Transit, Rectangular Lot, Street Level

Faces West

Story 1

Entry Level Two

Foundation Raised

Sewer Public Sewer

Water Public

Architectural Style Bungalow

Level or Stories Two

New Construction No

Construction Status Repairs Cosmetic

Others

Senior Community No

Tax ID 5731006010

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Standard

Listed by Handoko Chen Growth Investment Group Pasade han.chen@growthinvestmentgroup.com

SCHOOLSPROPERTIES

Elementary Schools 20

10

Arroyo Vista Elementary School

Public | KG - 5
10

Valentine Elementary School

Public | KG - 5
8

Odyssey Charter

Public | KG - 8
7

Aveson School of Leaders

Public | KG - 5
7

Hamilton Elementary School

Public | PK - 5
6

San Rafael Elementary School

Public | KG - 5
6

Daniel Webster Elementary School

Public | PK - 5
5

Garvanza Elementary

Public | KG - 5
5

San Pascual STEAM Magnet

Public | KG - 5
5

Washington Elementary School

Public | PK - 5
5

Longfellow Elementary School

Public | PK - 5
5

Norma Coombs Elementary School

Public | KG - 5
4

Franklin Elementary School

Public | PK - 5
4

Roosevelt Elementary School

Public | PK - 5
3

Jackson STEM Magnet

Public | PK - 5
3

Cleveland Elementary School

Public | PK - 5
3

McKinley School

Public | KG - 8
3

Jefferson Elementary School

Public | PK - 5
2

Madison Elementary School

Public | PK - 5
1

Altadena Arts Magnet

Public | PK - 5

Middle Schools 12

9

Huntington Middle School

Public | 6 - 8
8

Marshall Fundamental

Public | 6 - 12
5

Luther Burbank Middle School

Public | 6 - 8
5

Aveson Global Leadership Academy

Public | 6 - 12
4

Blair High School

Public | 6 - 12
2

Charles W. Eliot Arts Magnet Academy

Public | 6 - 8
1

Washington STEAM Multilingual Academy

Public | 6 - 8
0

The Hillside School & Learning Center

Private | 7 - 12
0

Southwestern Academy

Private | 6 - 12
0

Excelsior School

Private | 8 - 12
0

The Peace & Justice Academy

Private | 6 - 12
0

Learning Works

Public | 7 - 12

High Schools 10

10

La Canada High School

Public | 9 - 12
10

San Marino High School

Public | 9 - 12
3

John Muir High School

Public | 9 - 12
0

Flintridge Sacred Heart Academy

Private | 9 - 12
0

St Francis High School

Private | 9 - 12
0

Mayfield Senior School

Private | 9 - 12
0

Maranatha High School

Private | 9 - 12
0

Rose City High (Continuation)

Public | 9 - 12
0

Agbu Vatche and Tamar Manoukian High School

Private | 9 - 12
0

Agbu Vatche & Tamar Manoukian High School

Private | 9 - 12

School and business data provided by Attom Data.

MaryLou Adame-Martinez

526 N Madison Pasadena, CA 91101

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526 N Madison