Active
570 N Madison Avenue
Pasadena CA, 91101
$3,800,000
$526.17 per sqft
Active
7,222 sqft
Multi-family
Built in 1963
Listed by Rickird Rey Ramirez with Ally Commercial Real Estate 818-941-2990
Positioned in one of Pasadena's most sought-after neighborhoods, 570 N. Madison Ave. presents an exceptional value-add investment opportunity. Situated just blocks from the vibrant heart of Old Town Pasadena, this property seamlessly blends convenience, accessibility, and long-term income potential, making it an ideal choice for both new and seasoned investors and builders alike.
The property holds 9 very spacious units, including seven 2-bedroom, 1-bathroom units and three 3-bedroom, 1-bathroom units, all currently occupied by reliable, on-time paying tenants. 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 potential buyers. 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, 570 N. Madison Ave. offers a rare combination of historic charm, modern convenience, and strong financial potential, making it a truly compelling investment opportunity.
DW25024868
MLSⓇ ID
February 3, 2025
Listed
February 3, 2025
Updated
Map
570 N Madison Avenue
Pasadena CA, 91101
Interior Features
Total Stories
2
Laundry Description
Common Area
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.29 Acres
Lot Features
6-10 Units/Acre
Sewer
Public Sewer
Other Property Details
Area Name
645 - Pasadena (NW)
Garage
Yes
Garage Spaces
3
Parking Total
3
View
No
County
Los Angeles
Water Source
Public
Pool
No
Pool Features
None
Zoning
PSR1
Listing Contact: 424-317-0308
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 2/3/2025. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 2/3/2025 at 11:08 PM UTC