Property Details
About this Property
239 S Madison Ave, a beautifully upgraded multifamily investment opportunities located in one of the best locations in Pasadena. Strategically located only a block south of Pasadena Playhouse District, several blocks South of OLD TOWN PASADENA, and within walking distance to Pasadena Convention Center and Lake Ave shopping district – including recently opened Erewhon market on Lake Ave, this community offers superb location and amenities to tenants. Walk Score 89, Bike Score 82. The property is a two-story garden style apartment that has been extensively remodeled. The current owner did not take any shortcut in completing major capital improvements such as brand-new roof (2022), parking soft story retrofit, new asphalt driveway, fully upgraded 14 units with high-end upgrades and brand-new plumbing, brand new landscaping, new exterior paint, updated gate, new high-end Butterfly entry system (intercom + camera for package delivery), new mailboxes, new hand railing system, new irrigation system and other significant improvements. With the major capital improvements completed, this offering provides plug-and-play easy to manage apartment in an amazing location. The property was built in 1951 with a center courtyard layout and spacious units. It has a large living space of ±17,
MLS Listing Information
MLS #
CRAR24143469
MLS Source
California Regional MLS
Days on Site
132
Interior Features
Appliances
Dishwasher, Hood Over Range, Oven Range - Gas, Dryer, Washer
Flooring
Laminate
Laundry
Community Facility
Cooling
Window/Wall Unit
Heating
Wall Furnace
Exterior Features
Roof
Shingle
Parking, School, and Other Information
Garage/Parking
Assigned Spaces, Carport, Detached, Garage: 0 Car(s)
HOA Fee
$0
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 21 | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
239 S Madison Ave is a Residential Income in Pasadena, CA 91101. This – square foot property sits on a – Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $9,300,000 and was built in 1951. This address can also be written as 239 S Madison Ave, Pasadena, CA 91101.
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This listing information is up-to-date as of October 11, 2024. For the most current information, please contact Han Chen
