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526 N Madison Pasadena, CA $ 1,550,000
526 N Madison
$ 1,550,000
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526 N Madison

Pasadena, CA, 91101
$ 1,550,000
Baths1.0 Sq 3,326

Monthly Estimate*

$ 9,670

Listed by Growth Investment Group Pasade
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Studio

Multi-Family Home for sale in Pasadena, CA

for $1,550,000 with 1 full bath. This 3,326 square foot home was built in 1940 on a lot size of 0.3027.

4 Single-story Bungalows several blocks north of Old Town Pasadena, Large ±13k SF Lot, highly desirable layout, Easy to Rent and Manage. 526-532 N Madison Ave, a bungalow style 4-units Single story apartment in the City of Pasadena. Situated only several blocks north of Old Town Pasadena, 2 blocks west of Los Robles Ave, and just within walking distance of many dining, shopping, and other attractions in Pasadena. It is situated on a quiet residential street surrounded by single family houses. This property is being sold together with 5 adjacent buildings to its north and south that are own by same seller – can be purchased together or individually (514 N Madison, 536 N Madison, 542 N Madison, 562 N Madison, and 570 N Madison). The property offers a highly desirable bungalow single-story layout (no adjoining walls) providing tenants with single family residential feel. It consists of 4 separate bungalows with a lush center courtyard/walkway providing serene atmosphere for the tenants. The unit mix is one (1) x 2bedroom+1bathroom and three (3) 1bedroom+1bathroom units, which makes it very easy to rent and manage. The property was built in 1940, has a total of ±3,326 SF building size (Average unit size is 830SF/unit) and is situated on a large ±13,185 SF lot. Each unit is charming with original hardwood flooring, ceiling fans, plenty of built in cabinets, tiled kitchen and bathroom, and in-unit laundry hookups. The front 1 bedroom unit (532) is currently vacant and may be delivered vacant. Parking is provided via detached 3 car garages and 1 open space in the back. Each unit has individual water heaters and separately metered for electricity and gas. Each unit has its own laundry hookups.

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Multi-Family Active

Price

$ 1,550,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.3027

Year Built

1940

Town/City

Pasadena

County/Region

Los Angeles

MLS | Web ID

AR25254902

Days on Market

50

Features
General
Sewer Public Sewer
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Utilities Cable Available Electricity Connected Natural Gas Connected Phone Available Sewer Connected Water Connected
Possession Close Of Escrow
Appliances Gas Range
HOA Fee 0
Garage Spaces 3
Architectural Style Bungalow
Pool Features None
Construction Materials Stucco
Year Built 1940
Electric Standard
Tenant Pays Electricity Gas
View None
Stories Count 2
Levels Two
Property Subtype Quadruplex
Gross Income 94981
Community Features Suburban Valley
County Los Angeles
Net Operating Income 58889
Operating Expense 34192
Insurance Expense 4167
New Construction 0
Property Type Residential Income
HOA 0
Contingency NONE
MaintenanceExpense 2797
Facing Direction West
Garage Y/N 1
Special Listing Conditions Standard
Status Active
Directions 2 blocks east of Los Robles Ave and 1 block north of Villa St
City Pasadena
Disclosures Rent Control
Entry Location 1
Senior Community Y/N 0
Open Parking Spaces 1
Number Of Units Total 4
MLS Area 645 - Pasadena (NW)
Lot Size Units Square Feet
Lot Size Square Feet 13185
Carport Spaces 0
Carport Y/N 1
Number of Units Leased 3
Listing Terms Cash Cash to New Loan
Spa Features None
Property Attached Y/N 0
Land Lease Y/N 0
Electric Expense 100
Current Financing Conventional
Property Condition Repairs Cosmetic
Trash Expense 2508
Water Sewer Expense 2245
Additional Parcels Y/N 0
Rent Control Y/N 1
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 5
Total Actual Rent 7915
Property Sub Type Additional Quadruplex
Taxes 17370
Cap Rate 3.8
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Interior
Flooring Carpet Wood
Fireplace Features None
Total Stories 1
Common Walls No Common Walls
Air Conditioning Y/N 1
Heating Y/N 1
Fireplace Y/N 0
Laundry Features Washer Hookup Gas Dryer Hookup
Entry Level 1
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Exterior
Fencing None
Parking Features Assigned Concrete Detached Carport Driveway
Lot Features Lawn Level Near Public Transit Rectangular Lot Street Level
Water Source Public
Total Parking 4
Lot Size Area 13185
Foundation Details Raised
Number of Buildings 5
Spa 0
Building Area Total 3326
Lot Size Acres 0.3027
Road Surface Type Paved
Private Pool 0
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 4
Number of Separate Electric Meters 4
Road Frontage Type City Street
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* Excluded Features
List By
Growth Investment Group Pasade

Broker

han.chen@growthinvestmentgroup.com

Email

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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/20/2025$1,550,000 Listed Price

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526 N Madison, Pasadena, CA, 91101 is a Multi-Family Home for sale at $1,550,000 with 3,326 sqft and a lot size of 0.3027. 526 N Madison is a studio with 1.0 baths and was built in 1940. The property's zip code is 91101 which is in Pasadena, CA