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$ 1,525,000
Est. payment /mo
Active
542 N Madison Avenue Pasadena, CA 91101
5 Beds
2,150 SqFt
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 CRDW25024844
Bedrooms 5
HOA Y/N No
Year Built 1921
Lot Size 0.303 Acres
Acres 0.3
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 financia
Location
State CA
County Los Angeles
Zoning PSR1
Interior
Fireplace No
Laundry Common Area
Exterior
Exterior Feature Other
Building
New Construction No
Others
Tax ID 5731006011
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Listed by Rickird Rey Ramirez • Ally Commercial Real Estate