21
See all 21 photos
$3,800,000
Est. payment /mo
0.29 Acres Lot
Active
570 N Madison AVE Pasadena, CA 91101
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UPDATED:
02/17/2025 04:13 PM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRDW25024868
Originating Board California Regional MLS
Year Built 1963
Lot Size 0.291 Acres
Property Description
Positioned in one of Pasadena's most sought-after neighborhoods, 570 N. Madison Ave. presents an exceptional value-add investment opportunity. Situated just blocks from the vibrant heart of Old Town Pasadena, this property seamlessly blends convenience, accessibility, and long-term income potential, making it an ideal choice for both new and seasoned investors and builders alike. The property holds 9 very spacious units, including seven 2-bedroom, 1-bathroom units and three 3-bedroom, 1-bathroom units, all currently occupied by reliable, on-time paying tenants. 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 Pasadena's most coveted areas. Pasadena's unparalleled amenities further enhance the property's value and appeal, attracting a diverse range of tenants and potential buyers. 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 you're expanding your residential or commercial real estate portfolio, 570 N. Madison Ave. offer
Location
State CA
County Los Angeles
Area 645 - Pasadena (Nw)
Interior
Laundry Laundry Area
Exterior
Garage Spaces 3.0
Pool None
Building
Water District - Public
Others
Tax ID 5731006024
Special Listing Condition Not Applicable
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Listed by Rickird Rey Ramirez • Ally Commercial Real Estate