$1,100,000

562 N Madison, Pasadena, CA 91101

  • 5 beds |
  • 3 baths
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon0.3acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 4 days ago

Property Description

Two Houses on a Lot several blocks north of Old Town Pasadena, Large 13k SF Lot, 10 or more parking, Clear upside to do ADUs (2 or more buyer to verify). 562 N Madison Ave, a Two House on a lot 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, 526 N Madison, 536 N Madison, 542 N Madison, and 570 N Madison). The property is extremely rare with highly desirable layout providing tenants with single family residential feel. It consists of a large 2-story house which has 4bedroom and 1.5bathroom. The back house is a cute single story bungalow house with 1bedroom and 1bathroom. It has a side driveway that leads to the large lot. This offering is perfect for an owner user that can occupy the front house (currently tenant occupied seller is selling it as-is with tenant in place). The property has 13,181 SF lot size providing 10 or more parking spaces. Each house is individually metered for electricity and gas and has laundry hookups. Because of this configuration, there is a clear and huge upside for new owners to add 2 or more ADUs (buyer to verify). The property is in the highly desirable area of Pasadena just several blocks north of Old Town Pasadena. It is situated on a

Listing Status:
Active
Listing Office:
Growth Investment Group Pasade : 626-594-4900
Listing Agent:
Handoko Chen : 626-224-2495
MLS ID:
AR25254887
  • A/C: Wall/Window
  • General: N/K
  • Pool: N/K
  • General: StuccoWood2 Story
  • HOA Amenities: 0.0
  • Originating MLS: California Regional MLS
  • County: Los Angeles
  • Zoning: Assessor5731006010
  • Source: California Regional MLS

This listing courtesy of Handoko Chen, Growth Investment Group Pasade

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

M

Madison Elementary School

515 E Ashtabula St, Pasadena, CA, 91104

Grades PK-5

0.26 miles away

M

McKinley School

325 S Oak Knoll Ave, Pasadena, CA, 91101

Grades KG-8

1.10 miles away

R

Rose City High (Continuation)

351 S Hudson Ave, Pasadena, CA, 91101

Grades 9-12

1.11 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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