562 N Madison Avenue Active

Pasadena,CA 91101

$ 1200000

5 Beds

3 Baths

2204 SqFt


Key Details

Property Type Townhouse

Sub Type Townhome

Listing Status Active

Purchase Type For Sale

Square Footage 2,204 sqft

Price per Sqft $544

MLS Listing ID DW25027818

Style Townhome

Bedrooms 5

Full Baths 2

Half Baths 1

Year Built 1924

Lot Size 0.303 Acres

Property Sub-Type Townhome

Property Description

Positioned in one of Pasadenas most desirable neighborhoods, 562 N. Madison Ave. presents an exceptional opportunity that is IDEAL for owner-occupiers, investors and/or builders alike. The property boasts two distinct units, including one very large 4-bedroom, 1 and a half-bathroom, two-story house with an expansive front and back yard and its own parking area. The second unit is a stand-alone very charming and good sized 1-bedroom, 1-bathroom. Both are currently occupied by reliable tenants with a history of timely payments. 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 Pasadenas most coveted areas. Pasadenas unparalleled amenities further enhance the propertys value and appeal, attracting a diverse range of tenants and prospective homeowners. 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 youre expanding your residential or commercial real estate portfolio, or looking for YOUR NEW HOME! 562 N. Madison Ave. offers a rare combination of historic charm, modern convenience, and strong financial potential, making it a truly compelling investment opportunity.
Positioned in one of Pasadenas most desirable neighborhoods, 562 N. Madison Ave. presents an exceptional opportunity that is IDEAL for owner-occupiers, investors and/or builders alike. The property boasts two distinct units, including one very large 4-bedroom, 1 and a half-bathroom, two-story house with an expansive front and back yard and its own parking area. The second unit is a stand-alone very charming and good sized 1-bedroom, 1-bathroom. Both are currently occupied by reliable tenants with a history of timely payments. 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 Pasadenas most coveted areas. Pasadenas unparalleled amenities further enhance the propertys value and appeal, attracting a diverse range of tenants and prospective homeowners. 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 youre expanding your residential or commercial real estate portfolio, or looking for YOUR NEW HOME! 562 N. Madison Ave. offers a rare combination of historic charm, modern convenience, and strong financial potential, making it a truly compelling investment opportunity.

Location

State CA

County Los Angeles

Area Pasadena (91101)

Zoning PSR1

Interior

Cooling Wall/Window

Building

Lot Description Curbs,Sidewalks

Story 2

Sewer Public Sewer

Water Public

Others

Acceptable Financing Cash,Conventional,Cash To New Loan

Listing Terms Cash,Conventional,Cash To New Loan

Special Listing Condition Standard

View More
Favorite Go Tour