562 N Madison Save Request In-Person Tour Request Virtual Tour
Pasadena,CA 91101
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID AR25254887
Bedrooms 5
Lot Size 0.303 Acres
Property Sub-Type Res Income 2-4 Units
Type of Financing Cash
Property 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