731 N Madison Avenue
Pasadena, CA 91104
- – beds
- – baths
- – sqft
- 7,116 sqft lot
- 1953 build
- – on site
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TRIPLEX - MIDDLE 1+1 DELIVERED VACANT. Well maintained triplex on a tree-lined street in highly desirable Pasadena. Built in 1953. Unit mix is as follows: Two spacious one bedroom + one-bath units (731 end unit & 733 middle unit) each with living room, dining area and kitchen, which have an open concept feel, center hallway with cabinetry, and the generous sized bedroom has ample storage cabinets and closet space against an entire wall. The third unit (735) is the largest, a two bedroom + one bath unit with spacious living room, dining area and U-Shaped kitchen with wood cabinetry. The two bedrooms are off a hallway and are quite spacious, one with large corner windows common in this era of architecture. The units have a nice charm to them and retain some character features which blend into a very functional floorplan. In addition, the end-unit, (731) has nice large corner windows in the living room, and the middle unit, (733) still has unique art deco styled kitchen cabinets with tell-tale rounded wood corners. This is a wonderful long-term investment, 731, 733, 735 N Madison Street is situated on a corner lot and has a large, gated side yard. Each unit has a private back patio space. Amenities/upgrades/features: Three-car carport, freshly painted exterior, large low-maintenance yard with pretty trees/shrubs, separate laundry room shared by all the units and one outdoor storage room. Large side yard may offer some future building opportunities. Buyer to research and do due diligence about feasibility of adding an ADU and/or Jr. ADU. Upside potential in a fantastic area. Zoned PSR6. Conveniently located close to fantastic shops & restaurants, moments from Old Town Pasadena, the Rose Bowl, Rose Bowl Aquatic center, local parks, hiking trails and easy access to freeways. Perfect investment opportunity in high-demand rental area.
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Last updated Apr 13, 2024
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MLS# 24365037 —
The Building
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Year Built:1953
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Year Built Source:Assessor
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New Construction:No
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Building Area Total:2214.00
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Total Number Of Units:3
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# of Buildings:1
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Architectural Style:Mid Century Modern
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Stories Total:1
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# of Separate Gas Meters:3
Interior
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Levels:One
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Flooring:Carpet, Tile
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Laundry:Community
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Laundry:1
Location
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Directions:North of Orange Grove Blvd, Between El Molino Ave and N Los Robles Ave
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Latitude:34.15845100
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Longitude:-118.13904700
The Property
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Property Type:Residential Income
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Zoning:PSR6
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Lot Size Area:7116.0000
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Lot Size Acres:0.1634
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Lot Size SqFt:7116.00
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Lot Size Source:Assessor
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Security Features:Carbon Monoxide Detector(s), Smoke Detector(s)
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Special Listing Conditions:Standard
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Parcel Number:5731002016
Heating & Cooling
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Heating:1
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Heating:Wall Furnace
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Cooling:No
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Cooling:None
Utilities
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Sewer:Other
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Water Source:Public
Appliances
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Included:Yes
The Community
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Association:No
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Senior Community:No
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Assessments:No
Parking
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Parking:Yes
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Parking:Carport
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Parking Spaces:3.00
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Carport 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 |
---|---|---|---|---|
3/15/24
Mar 15, 2024
|
BRIDGE | $1,025,000 | ||
3/15/24
Mar 15, 2024
|
Sold Subject To Contingencies | CRMLS_CA | $1,025,000 | |
3/5/24
Mar 5, 2024
|
Listed / Active | CRMLS_CA | $1,025,000 |