562 N Madison Ave | Pasadena, CA 91101
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- LoopNet Team
562 N Madison Ave
Pasadena, CA 91101
2 houses on large lot, ADUs Upside · Multifamily Property For Sale
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2 Units
Investment Highlights
- Two Houses on a Lot several blocks north of Old Town Pasadena, Large ±13k SF Lot, 10 or more parking, Clear upside to do ADUs (2 or more – buyer to ve
- SUPERB demographics with ±$111,562 average household income within a 1-mile radius
- Prime real estate for ADUs (can add 2 ADUs – buyer to verify)
- Perfect for an owner user who wants to move into the front 4bedroom house, or a first-time home/apartment investor that can add ADUs (2 or more – bu
- Front house is a large 4bedroom+1.5bathroom house, and back house is a cute single-story bungalow
Property Facts
| No. Units | 2 | Lot Size | 0.30 AC |
| Property Type | Multifamily | Building Size | 2,204 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Low-Rise | No. Stories | 2 |
| Building Class | C | Year Built | 1921 |
| Zoning | RM-12 - Low density Residential | ||
| No. Units | 2 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.30 AC |
| Building Size | 2,204 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1921 |
| Zoning | RM-12 - Low density Residential |
Amenities
Unit Amenities
- Air Conditioning
- Microwave
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
- Family Room
- Freezer
- Lawn
Site Amenities
- 24 Hour Access
- Private Bathroom
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 4+1.5 | 1 | - | 1,500 |
| 1+1 | 1 | - | 500 |
Property Taxes
| Parcel Number | 5731-006-010 | Improvements Assessment | $235,587 |
| Land Assessment | $703,580 | Total Assessment | $939,167 |
Property Taxes
Parcel Number
5731-006-010
Land Assessment
$703,580
Improvements Assessment
$235,587
Total Assessment
$939,167
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