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823 N Madison Ave, Pasadena, CA 91104

$1,350,000
  • bed

  • bath

Multi-family pending

About 823 N Madison Ave

Property type Multi-family
Neighborhood
Year built 1928
HOA fee $0/month
Lot size 0.29 Acre
Movoto estimate
Rental estimate
Property description
A terrific opportunity to acquire a 4 unit property in Pasadena on a huge 12,826sf lot! The front building consists of (2) large 2 bedroom/1 bathroom units with spacious layouts; and the rear building consists of (2) 1 bedroom/1bathroom units with private yard and One Unit Delivered Vacant and ready for immediate occupancy. The entire property totals 3,292sf in size and sits on an almost 13k sf sized lot with PSR6 zoning, a double driveway, offering tons of potential to expand, create additional parking, and maximize rents in the future. Great Location in Pasadena North of the 210 fwy, near Rose Bowl, Old Town, and tons of local shops & trendy restaurants.
Listed by
Listing Agent - Brian Noh
Listing Agent Contact: 9493085775
Listing Office - Nohco Real Estate
Source: CRMLS mls logo
MLS#OC26164054 • last updated 2 weeks ago
Movoto checked CRMLS for data 2 minutes ago
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Overview
Levels/Style One
Type Residential Income
SubType Quadruplex
Status Pending
Lot Size (Acres) 0.2945
Lot Size (SqFt) 12830
Year Built 1928
Interior
Appliances Water Heater, Range Hood, Gas Range
Interior Features Ceiling Fan(s)
Exterior
Foundation Raised
Construction Wood Siding, Stucco
Building Area Square Feet, 3292
Parking Concrete, Carport, Driveway
# Uncovered Spaces 2
# Carport Spaces 4
# Parking Spaces 6
Lot Description Landscaped, 2-5 Units/Acre, Lot 10000-19999 Sqft, Sprinkler System, Back Yard, Lawn
Amenities / Utilities
Fireplaces None
Sewer/ Septic Public Sewer
Water Source Public
Spa None
Pool None
Location
View None
County Los Angeles
Community Features Curbs, Street Lights, Sidewalks
Directions North Of 210 Fwy, On Los Robles Ave, Right On Buckeye, Left On Madison.
APN 5731001014
Multifamily Details
Operating Expense 33126
Cap Rate 5
Total Expenses 33126
Gross Income 100092
Gross Multiplier 13.5
Gross Scheduled Income 100092
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Source: GreatSchools.org © 2026. All rights reserved.

Around The Oaks

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74/100
Walk
83/100
Family
92/100
Dining
95/100
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  • Real Estate
  • CA
  • Los Angeles County
  • Pasadena
  • 91104
  • The Oaks
  • 823 N Madison Ave

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