Property Details
About this Property
Positioned in one of Pasadena’s most desirable neighborhoods, 514 N. Madison Ave. presents an exceptional opportunity that is IDEAL for owner-occupiers, investors and/or builders alike. The property boasts four bungalow-style units which include four 1-bedroom, 1-bathroom units. All are currently occupied by reliable tenants with a history of timely payments. The property’s 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 prospective homeowners. 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, or looking for YOUR NEW HOME! 514 N. Madison Ave. offers a rare combination of historic charm, modern convenience, and strong financial potential, making it a truly compelling investment opportunity.
MLS Listing Information
MLS #
CRDW25027813
MLS Source
California Regional MLS
Days on Site
53
Interior Features
Bedrooms
Ground Floor Bedroom
Fireplace
None
Laundry
Laundry Area
Cooling
Window/Wall Unit
Exterior Features
Pool
None
Parking, School, and Other Information
Garage/Parking
Garage: 2 Car(s)
Elementary District
Pasadena Unified
High School District
Pasadena Unified
HOA Fee
$0
Zoning
PSR1
School Ratings
Nearby Schools
| Schools | Type | Grades | Distance | Rating |
|---|---|---|---|---|
| Madison Elementary School | public | K-5 | 0.30 mi | |
| Twentieth Street Elementary School | public | K-5 | 0.99 mi | |
| McKinley School | public | K-8 | 1.05 mi | |
| Twilight Adult | public | UG | 1.06 mi | N/A |
| Rose City High (Continuation) School | public | 9-12 | 1.08 mi | |
| Jefferson Elementary School | public | K-5 | 1.10 mi | N/A |
| Roosevelt Elementary School | public | K-5 | 1.14 mi | N/A |
| Longfellow (Henry W.) Elementary School | public | K-5 | 1.14 mi | |
| Octavia E. Butler Magnet School | public | 6-8 | 1.32 mi | |
| Washington Accelerated Elementary School | public | K-5 | 1.32 mi | |
| Marshall Fundamental School | public | 6-12 | 1.62 mi | |
| Cleveland Elementary School | public | K-5 | 1.73 mi | N/A |
| Hamilton Elementary School | public | K-5 | 1.99 mi | |
| Eliot Arts Magnet | public | 6-8 | 2.01 mi | |
| Blair High School | public | 6-12 | 2.02 mi | |
| John Muir High School | public | 9-12 | 2.05 mi | |
| Daniel Webster | public | K-5 | 2.06 mi | |
| Altadena Elementary School | public | K-5 | 2.12 mi | |
| Norma Coombs Elementary | public | K-5 | 2.33 mi | |
| San Rafael Elementary School | public | K-5 | 2.34 mi |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Market Trends Charts
Nearby Homes for Sale
514 N Madison Ave is a Quadruplex in Pasadena, CA 91101. This 2,156 square foot property sits on a 0.275 Acres Lot and features 4 bedrooms & 4 full bathrooms. It is currently priced at $1,777,000 and was built in 1937. This address can also be written as 514 N Madison Ave, Pasadena, CA 91101.
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This listing information is up-to-date as of March 12, 2025. For the most current information, please contact Rickird Rey Ramirez, (818) 941-2990
