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Sold on 01/22/2026
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536 N Madison, Pasadena, CA 91101

$1,330,000

Last sold 01/22/2026 after 51 Days

  • —

    bed

  • —

    bath

Multi-family not for sale
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About 536 N Madison

Property type Multi-family
Neighborhood
Year built 1923
HOA fee $0/month
Lot size 0.3 Acre
Movoto estimate
Rental estimate
Property description
A two-story bungalow triplex with a huge backyard (total lot is ±13k SF – can do ADUs) in the City of Pasadena.
Listed by
Listing Agent - Handoko Chen
Listing Agent Contact: Han.chen@growthinvestmentgroup.com
Listing Office - Growth Investment Group Pasade
Source: CRMLS mls logo
MLS#AR25269296 • last updated 9 months ago
Movoto checked CRMLS for data 1 minute ago
Overview
Levels/Style Two, Bungalow
Type Residential Income
SubType Triplex
Status Closed
Lot Size (Acres) 0.3032
Lot Size (SqFt) 13207
Year Built 1923
Condition Updated/Remodeled
Interior
Laundry Community
Appliances Gas Range, Refrigerator
Exterior
Construction Wood Siding
Building Area Square Feet, 2448
Roof Asphalt
Parking Assigned, Driveway
# Uncovered Spaces 9
# Parking Spaces 9
Lot Description Lawn, Level With Street, Lot 10000-19999 Sqft, Rectangular Lot, Near Public Transit
Amenities / Utilities
Fireplaces None
Sewer/ Septic Public Sewer
Water Source Public
Electric Standard
Spa None
Pool None
Location
View None
County Los Angeles
Community Features Suburban, Valley
Neighborhood Olive Heights
Directions Cross Street Is Villa St, Between Lake Ave And Los Robles Ave
APN 5731006012
Multifamily Details
Vacancy Allowance Rate 2
Vacancy Allowance 1751
Expense: Trash 2138
Operating Expense 31123
Cap Rate 4.11
Expense: Insurance 2751
Total Expenses 31123
Expense: Maintenance 2136
Expense: Water/ Sewer 3460
Gross Income 87540
Gross Operating Income 85789
Gross Multiplier 15.19
Gross Scheduled Income 87540
Expense: Gardener 2700
Lot/ Land Details
Road Frontage City Street
Road Surface Paved
$1.29M
Range: $1.15M-$1.43M
Last 30 days 
Rental est.: $1,759/month
Gross rent multiplier: 63.0
  • Jan 2026
    mls logo MLS # AR25269296
  • Jan 22, 2026 Sold
    $1,330,000
  • Dec 8, 2025 Pending
    —
  • Dec 2, 2025 Listed
    $1,330,000 (-7.6%)
  • Jan 2026
    Public Records
  • Jan 22, 2026 Sold
    $1,330,000
  • Mar 2025
    mls logo MLS # DW25024828
  • Mar 12, 2025 Price Change
    $1,440,000 (-15.3%)
  • Feb 3, 2025 Listed
    $1,700,000
  • Feb 2025
    mls logo MLS # DW25027858
  • Feb 4, 2025 Listed
    $1,700,000
  • Year Property taxes Tax assessment
  • 2025
    $13,862 +5.6%
    $1,135,491 +2.0%
  • 2024
    $13,132 +0.9%
    $1,113,227 +2.0%
  • 2023
    $13,019 +678.7%
    $1,091,400 +1470.95%
  • 2022
    $1,672 +4.2%
    $69,474 +2.0%
  • 2021
    $1,604 +115.4%
    $68,113 +1.03%
  • 2020
    $745 +0.5%
    $67,416 +2.0%
  • 2018
    $741 -1.5%
    $66,095 +4.04%
  • 2017
    $753 +6.8%
    $63,531 +2.0%
  • 2016
    $705 +1.5%
    $62,286
  • 2015
    $694
    —
  • 536 N Madison
    $1.33M
  • The Oaks
    $748K -47% y/y
  • 91101
    $889K -10% y/y
  • Pasadena
    $1.14M -10% y/y
No chart available
Statistics calculated by Movoto

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3/10
Madison Elementary School
public Grades K-5
Pasadena Unified School District
4/10
John Muir High School
public Grades 9-12
Pasadena Unified School District
Source: GreatSchools.org © 2026. All rights reserved.

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CRMLS Multiple Listing Service™ system
The real estate listing data marked with this icon comes from the IDX program of the CRMLS Multiple Listing Service™ system.
Based on information from California Regional Multiple Listing Service, Inc. as of 10/27/2026. 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, 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.
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