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.
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.
Property Details
Price:
$3,200,000
MLS #:
DW25024868
Status:
Active
Baths:
0
Address:
570 N Madison Avenue
Type:
Residential Income
Subtype:
Commercial/Residential
Neighborhood:
645pasadenanw
City:
Pasadena
Listed Date:
Feb 3, 2025
State:
CA
ZIP:
91101
Lot Size:
12,689 sqft / 0.29 acres (approx)
Year Built:
1963
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Schools
Interior
Exterior
Community Features
Curbs, Gutters, Sidewalks, Suburban
Garage Spaces
3.00
Lot Features
6-10 Units/ Acre
Parking Spots
3.00
Pool Features
None
Sewer
Public Sewer
Stories Total
2
Water Source
Public
Financial
Map
Community
- Address570 N Madison Avenue Pasadena CA
- Area645 – Pasadena (NW)
- CityPasadena
- CountyLos Angeles
- Zip Code91101
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570 N Madison Avenue
Pasadena, CA
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