570 N Madison Avenue, Pasadena, CA 91101
-
Listed Price :
$3,800,000
-
Beds :
N/A
-
Baths :
N/A
-
Property Size :
N/A sqft
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Year Built :
1963
Property Description
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.
Interior Features
Laundry Information |
Location(s) |
Common Area |
Bedroom Information |
Bedrooms |
N/A |
Bathroom Information |
Bathrooms |
N/A |
Listing Information
Address |
570 N Madison Avenue |
City |
Pasadena |
State |
CA |
Zip |
91101 |
County |
Los Angeles |
Listing Agent |
Rickird Rey Ramirez DRE #01964882 |
Courtesy Of |
Ally Commercial Real Estate |
List Price |
$3,800,000 |
Status |
Active |
Type |
Residential Income |
Subtype |
Mixed Use |
Structure Size |
N/A |
Lot Size |
12,689 |
Year Built |
1963 |
Listing information courtesy of: Rickird Rey Ramirez, Ally Commercial Real Estate. *Based on information from the Association of REALTORS/Multiple Listing as of Feb 3rd, 2025 at 10:39 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.