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239 S Madison Ave
Pasadena, CA 91101
21-U Value-add Best Location Playhouse dist. · Multifamily Property For Sale
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21 Units
Investment Highlights
- Great location south of Cordova st. and north of Del Mar Blvd. Walk Score 89, Bike Score 82. Nearby Lake Ave and Erewhon Market
- Upgraded Mid-Century Modern Garden style apartment community with an excellent curb appeal
- Fourteen (14) out of 21 units have been completely upgraded with high-end upgrades: new plumbing system, wide plank flooring, smooth ceiling, etc.
- Best Location in Pasadena, only a block south of Playhouse District, walk to Civic Center area, Old Town Pasadena, and South Lake Ave district!
- Attractive unit mix with eighteen (18) large and spacious 1bedroom; LARGE UNITS
- Walking distance to Pasadena Convention Center, Pasadena Playhouse, Old Town Pasadena, and Lake Ave shopping including recently opened Erewhon marke
Property Facts
| No. Units | 21 | Lot Size | 0.46 AC |
| Property Type | Multifamily | Building Size | 17,570 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Low-Rise | No. Stories | 2 |
| Building Class | B | Year Built/Renovated | 1951/2022 |
| Zoning | RM48 - 48U / ACRE | ||
| No. Units | 21 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.46 AC |
| Building Size | 17,570 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1951/2022 |
| Zoning | RM48 - 48U / ACRE |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 18 | - | - |
| Studios | 3 | - | - |
Property Taxes
| Parcel Number | 5734-010-003 | Improvements Assessment | $2,218,985 |
| Land Assessment | $5,195,673 | Total Assessment | $7,414,658 |
Property Taxes
Parcel Number
5734-010-003
Land Assessment
$5,195,673
Improvements Assessment
$2,218,985
Total Assessment
$7,414,658
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