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Additional details
$1,525,000
Est. payment /mo
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,150 sqft
Price per Sqft $709
MLS Listing ID CRDW25027864
Bedrooms 5
Full Baths 4
Originating Board California Regional MLS
Year Built 1921
Lot Size 0.303 Acres
Property Sub-Type Triplex
Property Description
Positioned in one of Pasadena's most desirable neighborhoods, 542 N. Madison Ave. presents an exceptional opportunity that is IDEAL for owner-occupiers, investors and/or builders alike. The property boasts three distinct bungalow-style units, including one very large 2-bedroom, 2-bathroom unit, one 1-bedroom, 1-bathroom and one 2-bedroom, 1-bathroom unit. All are currently occupied by reliable tenants with a history of timely payments. The property's 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! 542 N. Madison Ave. offers a rare combination of historic charm, modern convenience, and strong financial p
Location
State CA
County Los Angeles
Area 645 - Pasadena (Nw)
Zoning PSR1
Interior
Cooling Window / Wall Unit
Fireplaces Type None
Laundry Laundry Area
Exterior
Parking Features Assigned Spaces
Pool None
View Local/Neighborhood
Building
Story One Story
Water District - Public
Others
Tax ID 5731006011
Special Listing Condition Not Applicable
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Listed by Rickird Rey Ramirez • Ally Commercial Real Estate