Positioned in one of Pasadena’s most desirable neighborhoods, 514 N. Madison Ave. presents an exceptional opportunity that is IDEAL for owner-occupiers, investors and/or builders alike.
The property boasts four bungalow-style units which include four 1-bedroom, 1-bathroom units. 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! 514 N. Madison Ave. offers a rare combination of historic charm, modern convenience, and strong financial potential, making it a truly compelling investment opportunity.
The property boasts four bungalow-style units which include four 1-bedroom, 1-bathroom units. 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! 514 N. Madison Ave. offers a rare combination of historic charm, modern convenience, and strong financial potential, making it a truly compelling investment opportunity.
Property Details
Price:
$2,100,000
MLS #:
DW25024692
Status:
Active
Baths:
0
Address:
514 N Madison Avenue
Type:
Residential Income
Subtype:
Quadruplex
Neighborhood:
645pasadenanw
City:
Pasadena
Listed Date:
Feb 2, 2025
State:
CA
ZIP:
91101
Lot Size:
12,002 sqft / 0.28 acres (approx)
Year Built:
1937
See this Listing
Mortgage Calculator
Schools
Interior
Exterior
Community Features
Biking, Curbs, Park, Sidewalks
Garage Spaces
2.00
Lot Features
2-5 Units/ Acre, Rectangular Lot, Value In Land
Parking Spots
2.00
Pool Features
None
Sewer
Public Sewer
Stories Total
1
Water Source
Public
Financial
Association Fee
0.00
Map
Community
- Address514 N Madison Avenue Pasadena CA
- Area645 – Pasadena (NW)
- CityPasadena
- CountyLos Angeles
- Zip Code91101
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Courtesy of Ally Commercial Real Estate. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. California Regional Multiple Listing Service. All rights reserved.
514 N Madison Avenue
Pasadena, CA
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