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536 N Madison Ave
Pasadena, CA 91101
3-u Upgraded near Old Pasadena, Large Lot · Multifamily Property For Sale
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5 Units
Investment Highlights
- 3 upgraded units – Two-story Bungalow several blocks north of Old Town Pasadena, Large ±13k SF Lot, Prime Upside for ADUs, Easy to Rent and Manage.
- Excellent mix with 2bed, 1bed and Studio unit; All units have been updated with high-end upgrades (Buyer to verify)
- Overparked building – no soft story retrofit is required
- Excellent curb appeal with large front lawn and expansive back yard; Prime potential to add ADUs
- SUPERB demographics with ±$111,562 average household income within a 1-mile radius
- Separately metered for electricity and gas
Property Facts
| No. Units | 5 | Building Size | 2,448 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1923/2021 |
| Building Class | C | Parking Ratio | 3.68/1,000 SF |
| Lot Size | 0.31 AC | ||
| Zoning | RM-16 - MEDIUM density Residential | ||
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.31 AC |
| Building Size | 2,448 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1923/2021 |
| Parking Ratio | 3.68/1,000 SF |
| Zoning | RM-16 - MEDIUM density Residential |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Microwave
- Refrigerator
- Oven
- Range
- Tub/Shower
- Family Room
- Freezer
- Garden
- Handrails
- Lawn
Site Amenities
- 24 Hour Access
- Private Bathroom
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 3 | - | - |
| 1+1 | 1 | - | - |
| Studios | 1 | - | - |
Property Taxes
| Parcel Number | 5731-006-012 | Improvements Assessment | $284,403 |
| Land Assessment | $851,088 | Total Assessment | $1,135,491 |
Property Taxes
Parcel Number
5731-006-012
Land Assessment
$851,088
Improvements Assessment
$284,403
Total Assessment
$1,135,491
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