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199 S Madison Ave, Pasadena, CA 91101

  • $3,650,000

    Last sold date unavailable

  • 14

    bed

  • 12

    bath

  • 7,142

    Sqft ($511/Sqft)

Multi-family not for sale
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About 199 S Madison Ave

Property type Multi-family
Neighborhood
Year built 1955
HOA fee $0/month
Lot size 0.29 Acre
Movoto estimate
Property description
This 14-bedroom, 12-bathroom multi-family property is located at 199 S Madison Ave, Pasadena, CA, 91101, in the Downtown Pasadena neighborhood in Los Angeles County and was built in 1955. The property offers 7,142 square feet of living space on a 12,790 sq ft (0.2936-acre) lot.
Overview
Levels/Style Two
MLS # 24-464165
Type Residential Income
Status Active
SqFt 7142
Lot Size (SqFt) 12790
Lot Size (Acres) 0.2936
Year Built 1955
Interior
Total # of Baths 12
Total # of Bedrooms 14
Laundry Lease
Exterior
# Parking Spaces 10
Parking Desc Carport Detached, Carport Attached
# Covered Parking Spaces 10
Add'l Structures None
Amenities / Utilities
Equipment Range/Oven
Location
County Los Angeles
Zoning PSR4
APN 5734-010-037
Multifamily Details
Unit 3: Furnished No
Unit 1: Furnished No
Unit 3: Projected Rent 2295
Unit 1: Projected Rent 4800
Unit 1: # Beds 2
Unit 1: Rent 1587
Unit 2: Rent 1414
Unit 3: Rent 2095
Unit 2: Furnished No
Unit 2: Projected Rent 22950
Unit 3: # Beds 1
Unit 2: # Beds 1
Unit 2: # Baths 1
Unit 3: # Baths 1
Unit 1: # Baths 1
Unit 2: Actual Rent 12046
Unit 3: Actual Rent 2095
Unit Type 2106, 2107, 2108
Unit 1: Actual Rent 3175
Total # Of Buildings 1
Net Operating Income 127764
Cap Rate 3.5
Gross Income 210792
Gross Operating Income 204468
Gross Rent Multiplier 17.32
Total Annual Expenses 76704
$3.65M
Range: $3.28M-$4.01M
Last 30 days 
  • Apr 2025
  • Apr 1, 2025 Delisted
    $3,650,000
  • Nov 15, 2024 Listed
    $3,650,000
  • 199 S Madison Ave
    $3.65M
  • Downtown Pasadena
    $877K +9% y/y
  • 91101
    $818K +2% y/y
  • Pasadena
    $1.17M -9% y/y
No chart available
Statistics calculated by Movoto

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4/10
McKinley School
public Grades K-8
Pasadena Unified School District
5/10
Blair High School
public Grades 6-12
Pasadena Unified School District
Source: GreatSchools.org © 2026. All rights reserved.

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  • 199 S Madison Ave
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