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$3,200,000

Beds
Unknown
sq ft
Unknown

570 N Madison Ave, Pasadena, CA 91101

570 N Madison Ave

Pasadena, CA 91101

  • 58 days on market
    • Price drop $600,000↓
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. offers a rare combination of historic charm, modern convenience, and strong financial potential, making it a truly compelling investment opportunity.

Details

Property type

Mixed Use

Lot size

0.2913 acres

Price per sq ft

Unknown

Year built

1963

Price History

03/12/2025
CRMLS

CRMLS #DW25024868

Price change
$3,200,000
-15.79%
02/03/2025
CRMLS

CRMLS #DW25024868

Listed
$3,800,000

Schools & Community

Neighborhood: 

West Central

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Curbs, Suburban, Sidewalks

Status: Active

Tomo last checked: 04/03/2025 at 1:55 PM

Listing updated: 03/12/2025 at 10:10 PM

Listed by: Rickird Rey Ramirez, Rickird Rey Ramirez, Ally Commercial Real EstateAlly Commercial Real Estate Phone #: (424) 317-0308

MLS: CRMLS #DW25024868

CRMLS logo

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