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$1,700,000
Est. payment /mo
5 Beds
0.3 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID AR25256316
Bedrooms 5
Lot Size 0.303 Acres
Property Sub-Type Res Income 2-4 Units
Property Description
3 Houses on a large Lot - several blocks north of Old Town Pasadena, Large 13k SF Lot, highly desirable layout, Easy to Rent and Manage. Three HouseS 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, 562 N Madison, and 570 N Madison). The property is extremely rare with highly desirable layout providing tenants with single family residential feel. The middle house (#542) is the largest one with 2bedroom+2bathroom, the front house (#548) is a 2bedroom+1bathroom, and the back house (#544) is 1bedroom+1bathroom. This offering is perfect for an owner user that can occupy any one of the 3 houses (currently tenant occupied seller is selling it as-is with tenant in place). The middle house is charming with original hardwood flooring, smooth ceiling, built-in cabinets, ceiling fans in bedroom and living room. The back house has been updated with modern flooring, new kitchen and stainless steel appliances, and new bathroom. The property has 13,208 SF lot size providing plenty of open spaces and parking (est. 6 parking spaces or more). Because of this configuration, there is a clear and huge upside for new owners to add 2 or more ADUs (buy
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
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Listed by Handoko Chen Growth Investment Group Pasade
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