526 N Madison, Pasadena, CA 91101
526 N Madison, Pasadena, CA 91101
526 N Madison, Pasadena, CA 91101
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$1,550,000
Est. payment /mo
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3 Beds
2 Baths
0.3 Acres Lot
Active

526 N Madison Pasadena, CA 91101

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Jesse Ibanez

Jesse Ibanez

+1(858) 337-2796

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID AR26225618

Bedrooms 3

Lot Size 0.303 Acres

Property Sub-Type Res Income 2-4 Units

Property Description

4 Single-story Bungalow Court near Old Town Pasadena, delivered with a Fully Renovated Vacant 2-Bedroom Unit, Large 13k SF Lot, and 4-ADU Upside Potential. Can be purchased together with 542 N Madison (3 units). 526-532 N Madison Ave, a 4-unit Single-story Bungalow Court in the City of Pasadena. Situated only several blocks north of Old Town Pasadena, it is on a quiet residential street surrounded by single family houses. The property offers a highly desirable bungalow single-story layout (no adjoining walls) providing tenants with single family residential feel. It has a lush center courtyard/walkway providing serene atmosphere for the tenants. This superb value offering provides a rare opportunity for owner/user or first-time apartment investor as the largest unit/bungalow has been recently upgraded and can be delivered vacant. This property can be acquired together with 542 N Madison and was part of Madison Park Portfolio (6 total properties 4 have been sold). The unit mix is one (1) x 2bedroom+1bathroom (owners unit) 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. Owner has spared no expense in relocating the previous tenant and then fully upgrades this owners unit into a modern standard. This recently upgraded unit has brand new flooring throughout, fully upgraded kitchen with shaker cabinets, fully upgraded bathroom, and led lighting throughout. Each unit is charming with original hardwo

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

MLS Router / San Diego MLS
Listed by Handoko Chen, DRE#01749321 Growth Investment Group Pasade 

NEARBY SCHOOL & BUSINESS

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Jesse Ibanez

Jesse Ibanez

Agent License ID: 01405643

+1(858) 337-2796

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526 N Madison

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