526 N Madison

Property Overview
4 Single-story Bungalows several blocks north of Old Town Pasadena, Large ±13k SF Lot, highly desirable layout, Easy to Rent and Manage. 526-532 N Madison Ave, a bungalow style 4-units Single story apartment in the City of Pasadena. Situated only several blocks north of Old Town Pasadena, 2 blocks west of Los Robles Ave, and just within walking distance of many dining, shopping, and other attractions in Pasadena. It is situated on a quiet residential street surrounded by single family houses. This property is being sold together with 5 adjacent buildings to its north and south that are own by same seller – can be purchased together or individually (514 N Madison, 536 N Madison, 542 N Madison, 562 N Madison, and 570 N Madison). The property offers a highly desirable bungalow single-story layout (no adjoining walls) providing tenants with single family residential feel. It consists of 4 separate bungalows with a lush center courtyard/walkway providing serene atmosphere for the tenants. The unit mix is one (1) x 2bedroom+1bathroom and three (3) 1bedroom+1bathroom units, which makes it very easy to rent and manage. The property was built in 1940, has a total of ±3,326 SF building size (Average unit size is 830SF/unit) and is situated on a large ±13,185 SF lot. Each unit is charming with original hardwood flooring, ceiling fans, plenty of built in cabinets, tiled kitchen and bathroom, and in-unit laundry hookups. The front 1 bedroom unit (#532) is currently vacant (recently signed lease for $2450/month - waiting for tenant move in), buyer may go there and see it before new tenant moving in (see showing instructions pls). Parking is provided via detached 3 car garages and 1 open space in the back. Each unit has individual water heaters and separately metered for electricity and gas. Each unit has its own laundry hookups.
Home Details
- Property type
- ResidentialIncome - Quadruplex
- Year built
- 1940
- Lot size
- 13,185 sq ft
- Parking
- 4 spaces
- Garage
- 3 spaces
- Stories
- 1.0
- Days on market
- 83
- MLS status
- Active
- Architectural style
- Bungalow
Features & Amenities
Appliances
- Gas Range
Parking
- Assigned
- Concrete
- Detached Carport
- Driveway
Pool
- None
Lot
- Lawn
- Level
- Near Public Transit
- Rectangular Lot
- Street Level
Community, Schools & Utilities
Utilities
- Heating
- WallFurnace
- Cooling
- WallWindowUnits
- Electric
- Standard
- Water
- Public
- Sewer
- PublicSewer
Location & Neighborhood
Frequently Asked Questions
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