514 N Madison Avenue
Pasadena, CA 91101 • 4 Bed • 4 Bath • 2,156 sq.ft.

Property summary

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.

Days on market: 34

Listing updated: March 12, 2025 - 05:19:03

Property details

Property ID
DW25027813
Size
2156 sq.ft.
Home Type
Residential
Year Built
1937
Property Size
0.2754 acre
Garage
2
Levels
1
Spa
No
Patio
No
Basement
No
View
None
Pool
None

Listed by: Rickird Rey Ramirez DRE #01964882 424-317-0308, Ally Commercial Real Estate - Downey

Source: Downey, MLS#: DWEMB Originating MLS: CRMLS

Interior information

Rooms
Bedroom, Kitchen, Living Room
Bathrooms
4
Kitchen
N/A
Cooling
Wall/Window Unit(s)
Heating
N/A
Flooring
N/A
Laundry
Common Area
$1,777,000
Property price
Make an offer
Open house
Date
TBA
Time
TBA
Mortgage estimator
Est.: $7,108/mo
Calculate monthly
payments
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Working hours: Monday to Friday 9:00am - 6:00pm (PST)

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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Based on information from California Regional Multiple Listing Service, Inc. as of 2025-04-25 09:21:20 PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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