865 N Madison Avenue
Pasadena, CA 91104
- – beds
- – baths
- – sqft
- 14,131 sqft lot
- 1949 build
- – on site
Prime Pasadena 4-Plex with Expansion Potential! Fantastic investment opportunity in Pasadena! This spacious single-level 4-plex sits on one of the largest lots in the area, offering both immediate rental income and future development potential. The property consists of four units: one 2-bed/1-bath, one studio/1-bath, and two 1-bed/1-bath units. Currently, three units are rented, while the vacant 1-bed/1-bath has been fully remodeled and is move-in ready—perfect for an owner-occupant or new tenant. Additional highlights include onsite parking, ample tenant space, and a large rear flat lot with the possibility for future expansion or additional units (buyer to verify). Don’t miss this rare chance to own a versatile income property in a highly desirable Pasadena location!
Last checked:
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Last updated Mar 18, 2025
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MLS# SR25048636 —
This property is listed in more than one place. See it here.
The Building
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Year Built:1949
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Year Built Source:Assessor
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New Construction:No
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Building Area Total:2018.00
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Building Area Units:Square Feet
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Total Number Of Units:4
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# of Buildings:2
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Stories Total:1
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Entry Level:1
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Common Walls:1 Common Wall
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# of Separate Gas Meters:4
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# of Separate Water Meters:4
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# of Separate Electric Meters:4
Interior
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Levels:One
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Entry Location:Front entrance
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Room Type:Kitchen
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Laundry:None
Location
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Directions:Cross streets are E Orange Grove Blvd and N Los Robles Ave.
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Latitude:34.16088300
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Longitude:-118.13932700
The Property
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Property Type:Residential Income
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Subtype:Quadruplex
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Zoning:PSR6
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Lot Features:Back Yard, Front Yard, Lot 10000-19999 Sqft
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Lot Size Area:14131.0000
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Lot Size Acres:0.3244
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Lot Size SqFt:14131.00
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Lot Size Source:Assessor
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View:1
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View:Neighborhood
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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:4621.00
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Tax Lot:7
The Listing
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Special Listing Conditions:Standard
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Parcel Number:5731001010
Utilities
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Sewer:Public Sewer
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Water Source:Public
The Community
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Features:Curbs, Sidewalks, Street Lights
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Pool:None
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Senior Community:No
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Private Pool:No
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Spa Features:None
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 |
---|---|---|---|---|
3/18/25
Mar 18, 2025
|
Pending | CRMLS_CA | $1,249,000 | |
3/5/25
Mar 5, 2025
|
Listed / Active | CRMLS_CA | $1,249,000 |