570 N Madison Avenue
Pasadena, CA 91101
- – beds
- – baths
- – sqft
- 12,689 sqft lot
- 1963 build
- – on site
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.
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Last updated Feb 3, 2025
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MLS# DW25024868 —
The Building
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Year Built:1963
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Year Built Source:Public Records
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New Construction:No
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Building Area Total:7222.00
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Building Area Units:Square Feet
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Total Number Of Units:9
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# of Buildings:1
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Stories Total:2
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Entry Level:1
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Common Walls:2+ Common Walls
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# of Separate Gas Meters:9
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# of Separate Electric Meters:9
Interior
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Levels:Two
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Entry Location:Off Driveway
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Laundry:Common Area
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Laundry:1
Location
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Directions:On North Madison Ave just north of the 210 FWY and south of Orange Grove Blvd.
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Latitude:34.15577000
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Longitude:-118.13803600
The Property
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Property Type:Residential Income
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Subtype:Commercial/Residential
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Zoning:PSR1
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Lot Features:6-10 Units/Acre
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Lot Size Area:12689.0000
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Lot Size Acres:0.2913
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Lot Size SqFt:12689.00
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Lot Size Source:Assessor
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Property Attached:1
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Additional Parcels:No
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Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Census Tract:4622.01
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Tax Lot:6
The Listing
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Special Listing Conditions:Standard
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Parcel Number:5731006024
Utilities
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Sewer:Public Sewer
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Water Source:Public
The Community
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Features:Curbs, Gutters, Sidewalks, Suburban
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Pool:None
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Senior Community:No
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Private Pool:No
Parking
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Parking Spaces:3.00
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Garage Spaces:3.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
2/3/25
Feb 3, 2025
|
Listed / Active | CRMLS_CA | $3,800,000 |
