514 N Madison Ave | Pasadena, CA 91101
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- LoopNet Team
514 N Madison Ave
Pasadena, CA 91101
4 bungalows single-story near Old Town Pasad. · Multifamily Property For Sale
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4 Units
Investment Highlights
- 4 Single-story Bungalows several blocks north of Old Town Pasadena, Large ±12k SF Lot, 4 detached garage parking, Highly desirable layout, Easy to Ren
- Charming property with lush landscaping, single family houses feel to it
- 4 garage parking; no soft story retrofit is required
- Excellent mix with All 1bed+1bath units; Super easy to rent and manage
- Charming units with original hardwood floor, faux fireplace, plenty of built-in cabinets, and laundry hookups; end unit has private backyard
- SUPERB demographics with ±$111,562 average household income within a 1-mile radius
Property Facts
| No. Units | 4 | Building Size | 3,600 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1937/2024 |
| Building Class | C | Parking Ratio | 1.11/1,000 SF |
| Lot Size | 0.28 AC | ||
| Zoning | RM-16 - Residential | ||
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.28 AC |
| Building Size | 3,600 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1937/2024 |
| Parking Ratio | 1.11/1,000 SF |
| Zoning | RM-16 - Residential |
Amenities
Unit Amenities
- Air Conditioning
- Microwave
- Kitchen
- Refrigerator
- Range
- Tub/Shower
- Yard
- Family Room
- Freezer
- Lawn
Site Amenities
- 24 Hour Access
- Private Bathroom
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | - | 550 - 600 |
Property Taxes
| Parcel Number | 5731-006-009 | Improvements Assessment | $359,748 |
| Land Assessment | $1,078,186 | Total Assessment | $1,437,934 |
Property Taxes
Parcel Number
5731-006-009
Land Assessment
$1,078,186
Improvements Assessment
$359,748
Total Assessment
$1,437,934
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