865 N Madison Avenue, Pasadena CA, 91104

Active

865 N Madison Avenue

Pasadena CA, 91104

$1,249,000

$618.93 per sqft

Active

2,018 sqft

Multi-family

Built in 1949

Listed by Carey Eckert with Park Regency Realty 818-298-9790

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!

SR25048636

MLSⓇ ID

March 5, 2025

Listed

March 7, 2025

Updated

Interior Features

Total Stories: 1
Laundry Description: None
Fireplace: No
Cooling: No
Heating: No

Exterior/Building Features

Lot Size: 0.32 Acres
Lot Features: Back Yard, Front Yard
Sewer: Public Sewer

Other Property Details

Area Name: 646 - Pasadena (NE)
Days on Market: 1
Garage: No
Parking Total: 0
View: Yes
View Description: Neighborhood
County: Los Angeles
Water Source: Public
Pool: No
Pool Features: None
Zoning: PSR6

Listing Contact: 818-363-6116

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 3/7/2025. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated on 3/7/2025 at 11:08 AM UTC