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
See this Listing
Mortgage Calculator
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
View
Neighborhood
Water Source
Public
Financial
Map
Community
- Address865 N Madison Avenue Pasadena CA
- Area646 – Pasadena (NE)
- CityPasadena
- CountyLos Angeles
- Zip Code91104
Similar Listings Nearby
- 5081 Glen Iris Avenue
Los Angeles, CA$1,615,000
4.32 miles away
- 1985 N N Summit Avenue
Pasadena, CA$1,600,000
1.41 miles away
- 785 W Harriet Street
Altadena, CA$1,599,000
2.78 miles away
- 925 Atchison
Pasadena, CA$1,599,000
1.14 miles away
- 428 N Garfield Avenue
Alhambra, CA$1,580,000
4.23 miles away
- 6214 Bertha Street
Los Angeles, CA$1,550,000
4.32 miles away
- 5333 Monte Vista Street
Highland Park, CA$1,500,000
4.90 miles away
- 39 N Michigan Avenue
Pasadena, CA$1,499,985
1.24 miles away
- 1550 Atchison Street
Pasadena, CA$1,499,900
1.56 miles away
- 5062 N Maywood Avenue
Los Angeles, CA$1,495,000
4.40 miles away

865 N Madison Avenue
Pasadena, CA
LIGHTBOX-IMAGES