526 N Madison Active Save Request In-Person Tour Request Virtual Tour
Pasadena,CA 91101
Key Details
Property Type Single Family Home, Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID AR25254902
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
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
Building
Lot Description Lawn,Level,Near Public Transit,Rectangular Lot,Street Level
Story 1
Foundation Raised
Sewer Public Sewer
Water Public
New Construction No
Others
Acceptable Financing Cash,Cash to New Loan
Listing Terms Cash,Cash to New Loan
Special Listing Condition Standard