562 N Madison AVE new Save Request In-Person Tour Request Virtual Tour
Pasadena,CA 91101
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,204 sqft
Price per Sqft $635
MLS Listing ID DW25027818
Bedrooms 5
Full Baths 2
Half Baths 1
Year Built 1924
Lot Size 0.303 Acres
Property Description
Positioned in one of Pasadena's most desirable neighborhoods, 562 N. Madison Ave. presents an exceptional opportunity that is IDEAL for owner-occupiers, investors and/or builders alike.
The property boasts two distinct units, including one very large 4-bedroom, 1 and a half-bathroom, two-story house with an expansive front and back yard and it's own parking area. The second unit is a stand-alone very charming and good sized 1-bedroom, 1-bathroom. Both are currently occupied by reliable tenants with a history of timely payments. Its prime location, ADU potential, coupled with strong tenant demand and proximity to top-rated schools, solidifies its status as a standout asset in one of Pasadena's most coveted areas.
Pasadena's unparalleled amenities further enhance the property's value and appeal, attracting a diverse range of tenants and prospective homeowners. Renowned for its excellent educational institutions, expansive recreational parks, world-class cultural attractions, robust job market, top-tier healthcare facilities, and safe, community-oriented environment, Pasadena continues to be a highly desirable place to live, work, and invest.
Whether you're expanding your residential or commercial real estate portfolio, or looking for YOUR NEW HOME! 562 N. Madison Ave. offers a rare combination of historic charm, modern convenience, and strong financial potential, making it a truly compelling investment opportunity.
Location
State CA
County Los Angeles
Area 645 - Pasadena (Nw)
Zoning PSR1
Interior
Cooling Wall/Window Unit(s)
Fireplaces Type None
Laundry Common Area
Exterior
Pool None
Community Features Curbs,Park,Suburban,Sidewalks
View Y/N No
View None
Building
Lot Description 2-5 Units/Acre
Dwelling Type Duplex
Story 2
Sewer Public Sewer
Water Public
New Construction No
Schools
School District Pasadena Unified
Others
Acceptable Financing Cash,Cash to New Loan,Conventional
Listing Terms Cash,Cash to New Loan,Conventional
Special Listing Condition Standard