514 N Madison Pasadena, CA 91101
UPDATED:
Key Details
Property Type Single Family Home, Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID AR25249218
Construction Status Repairs Cosmetic
HOA Y/N No
Year Built 1937
Annual Tax Amount $16,193
Lot Size 0.275 Acres
Property Sub-Type Quadruplex
Property Description
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 all 1bedroom+1bathroom, which makes it very easy to rent and manage. The property was built in 1937, has a total of ±2,156 SF building size and is situated on a large ±11,998 SF lot. Each unit is charming with original hardwood flooring, faux fireplace, plenty of built in cabinets, tiled kitchen and bathroom, and in-unit laundry hookups (seller provide laundry machine in 1 unit). The back unit (#520) has a large private backyard.
Parking is provided via detached 4 car garages in the back. Each unit has individual water heaters and separately meters for electricity and gas. Each unit has its own laundry hookups.
The property is in the highly desirable area of Pasadena just several blocks north of Old Town Pasadena. It is situated on a quiet tree-lined street and within minutes from the Gold Line and numerous additional shopping and dining options on Colorado Boulevard and Lake Avenue. Near Pasadena's historic City Hall, it sits just minutes from the California Institute of Technology, Pasadena Community College, and the 210 and 110 Freeways, offering ease of access to neighboring cities and entertainment destinations in the region. Historic Old Pasadena's charming storefronts house 200 shops plus a wide array of restaurants and night spots. The Pasadena Convention Center, Pacific Asia Museum, the historic Tournament of Roses house, and the Norton Simon Museum are minutes away.
Location
State CA
County Los Angeles
Area 645 - Pasadena (Nw)
Interior
Interior Features Ceiling Fan(s)
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Wood
Fireplaces Type Living Room
Fireplace Yes
Appliance Gas Range, Water Heater
Laundry Washer Hookup, Gas Dryer Hookup
Exterior
Parking Features Assigned, Garage, Paved
Garage Spaces 4.0
Garage Description 4.0
Pool None
Community Features Suburban, Valley
Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
View Y/N No
View None
Accessibility None
Total Parking Spaces 4
Private Pool No
Building
Lot Description 16-20 Units/Acre, Lawn, Landscaped, Level, Near Public Transit, Rectangular Lot, Street Level
Faces West
Story 1
Entry Level One
Foundation Raised
Sewer Public Sewer
Water Public
Architectural Style Bungalow
Level or Stories One
New Construction No
Construction Status Repairs Cosmetic
Others
Senior Community No
Tax ID 5731006009
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Special Listing Condition Standard
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