536 N Madison Pasadena, CA 91101
UPDATED:
Key Details
Property Type Single Family Home, Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID AR25269296
Construction Status Updated/Remodeled
HOA Y/N No
Year Built 1923
Property Sub-Type Triplex
Property Description
The property is a large two-story bungalow style apartment that houses 3 separate units. It has excellent curb appeal with large front yard and expansive backyard which provides plenty of parking, and common area for the tenants. The unit mix is one (1) x 2bedroom+1bathroom, one (1) 1bedroom+1bathroom, and one (1) Studio unit, which makes it very easy to rent and manage. The property was built in 1923, has a total of ±2,448 SF building size (Average unit size is 816SF/unit) and is situated on a large ±13,203 SF lot (RM-16 zone). Each unit has been upgraded with luxury wood floor, updated kitchen and bathroom (Buyer to verify).
Due to its expansive lot, the property has huge backyard with 9+ parking spaces. This spacious extra land provides prime opportunity to add ADUs (buyer to verify). Each unit is separately metered for electricity and gas.
The property is in the highly desirable area of Pasadena just several blocks north of Old Town Pasadena. It is situated on a quiet tree-lined street and within minutes from the Gold Line and numerous additional shopping and dining options on Colorado Boulevard and Lake Avenue. Near Pasadena's historic City Hall, it sits just minutes from the California Institute of Technology, Pasadena Community College, and the 210 and 110 Freeways, offering ease of access to neighboring cities and entertainment destinations in the region. Historic Old Pasadena's charming storefronts house 200 shops plus a wide array of restaurants and night spots. The Pasadena Convention Center, Pacific Asia Museum, the historic Tournament of Roses house, and the Norton Simon Museum are minutes away. The property has superb access to FWY 110 and FWY 210 and offers an easy commute to additional employment centers of downtown Los Angeles and adjacent cities of Burbank and Glendale via 134 Freeway.
Location
State CA
County Los Angeles
Area 645 - Pasadena (Nw)
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Vinyl, Wood
Fireplaces Type None
Fireplace No
Appliance Gas Range, Refrigerator
Laundry Common Area
Exterior
Parking Features Assigned, Driveway
Pool None
Community Features Suburban, Valley
Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
View Y/N No
View None
Roof Type Asphalt
Total Parking Spaces 9
Private Pool No
Building
Lot Description Lawn, Near Public Transit, Rectangular Lot, Street Level
Faces West
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Architectural Style Bungalow
Level or Stories Two
New Construction No
Construction Status Updated/Remodeled
Others
Senior Community No
Tax ID 5731006012
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Special Listing Condition Standard
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