514 N Madison Ave - Apartments FOR SALE


Pasadena, CA 91101
$2,100,000 USD
424-317-0308
514 N Madison Ave, Pasadena, CA for Sale
$2,100,000 USD
Apartments - FOR SALE
1/2
null | Request Cap Rate

514 N Madison Ave
Pasadena, CA 91101


OVERVIEW

Positioned in one of Pasadena’s most desirable neighborhoods, 514 N. Madison Ave. presents an exceptional opportunity that is IDEAL for owner-occupiers, investors and/or builders alike. The property boasts four bungalow-style units which include four 1-bedroom, 1-bathroom units. All are currently occupied by reliable tenants with a history of timely payments. The property’s prime location, 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! 514 N. Madison Ave. offers a rare combination of historic charm, modern convenience, and strong financial potential, making it a truly compelling investment opportunity.

FOR SALE DETAILS

PRICE

$2,100,000 USD

PRICE/SF

$583 USD /SF

# OF UNITS

4

PRICE/UNIT

$525,000

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1937

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.28 AC

LAND SF

11,998 SF

ZONING

R1

APN/PARCEL ID

5731-006-009

ASK ABOUT THIS PROPERTY

Rick RamirezAlly Commercial Real EstateMore Info
424-317-0308

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Rick RamirezAlly Commercial Real EstateMore Info
424-317-0308

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.