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!
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!
Property Details
Price:
$1,249,000
MLS #:
SR25048636
Status:
Pending
Baths:
0
Address:
865 N Madison Avenue
Type:
Residential Income
Subtype:
Quadruplex
Neighborhood:
646pasadenane
City:
Pasadena
Listed Date:
Mar 5, 2025
State:
CA
ZIP:
91104
Lot Size:
14,131 sqft / 0.32 acres (approx)
Year Built:
1949
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Schools
Interior
Exterior
Community Features
Curbs, Sidewalks, Street Lights
Garage Spaces
0.00
Lot Features
Back Yard, Front Yard, Lot 10000-19999 Sqft
Parking Spots
0.00
Pool Features
None
Sewer
Public Sewer
Spa Features
None
Stories Total
1
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Community
- Address865 N Madison Avenue Pasadena CA
- Area646 – Pasadena (NE)
- CityPasadena
- CountyLos Angeles
- Zip Code91104
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Courtesy of Park Regency Realty. 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.865 N Madison Avenue
Pasadena, CA
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