Pasadena, CA 91101,562 N Madison
Pasadena, CA 91101,562 N Madison
Pasadena, CA 91101,562 N Madison
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$1,100,000
Est. payment /mo
5 Beds
0.3 Acres Lot
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Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID AR25254887

Bedrooms 5

Lot Size 0.303 Acres

Property Sub-Type Res Income 2-4 Units

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

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 2

Level or Stories 2

Others

Senior Community No

Tax ID 5731006010

Acceptable Financing Cash

Listing Terms Cash


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MLS Router / San Diego MLS
Listed by Handoko Chen Growth Investment Group Pasade

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562 N Madison

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