Pasadena, CA 91104 865 N Madison Avenue

Pending
865 N Madison Avenue Pasadena, CA - Image 1865 N Madison Avenue Pasadena, CA - Image 2865 N Madison Avenue Pasadena, CA - Image 3
20 more
865 N Madison Avenue Pasadena, CA - Image 4865 N Madison Avenue Pasadena, CA - Image 5865 N Madison Avenue Pasadena, CA - Image 6865 N Madison Avenue Pasadena, CA - Image 7865 N Madison Avenue Pasadena, CA - Image 8865 N Madison Avenue Pasadena, CA - Image 9865 N Madison Avenue Pasadena, CA - Image 10865 N Madison Avenue Pasadena, CA - Image 11865 N Madison Avenue Pasadena, CA - Image 12865 N Madison Avenue Pasadena, CA - Image 13865 N Madison Avenue Pasadena, CA - Image 14865 N Madison Avenue Pasadena, CA - Image 15865 N Madison Avenue Pasadena, CA - Image 16865 N Madison Avenue Pasadena, CA - Image 17865 N Madison Avenue Pasadena, CA - Image 18865 N Madison Avenue Pasadena, CA - Image 19865 N Madison Avenue Pasadena, CA - Image 20865 N Madison Avenue Pasadena, CA - Image 21865 N Madison Avenue Pasadena, CA - Image 22865 N Madison Avenue Pasadena, CA - Image 23865 N Madison Avenue Pasadena, CA - Image 24
Presented By: Carey Eckert with Park Regency Realty; 818-298-9790
  • California Regional MLS (CRMLS) - 25 - CA
  • MLS# SR25048636
  • 03/05/2025
  • Request Tour
  • Request Info
Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
  • Beds • 4
  • Baths • 4
  • SQFT • 2,018

Home Details

Prime Pasadena 4-Plex with Expansion Potential! Fantastic investment opportunity in Pasadena! This spacious single-level 4-plex sits on one of the largest lots in the area, offering both immediate rental income and future development potential. The property consists of four units: one 2-bed/1-bath, one studio/1-bath, and two 1-bed/1-bath units. Currently, three units are rented, while the vacant 1-bed/1-bath has been fully remodeled and is move-in ready—perfect for an owner-occupant or new tenant. Additional highlights include onsite parking, ample tenant space, and a large rear flat lot with the possibility for future expansion or additional units (buyer to verify). Don’t miss this rare chance to own a versatile income property in a highly desirable Pasadena location!
Presented By: Carey Eckert with Park Regency Realty; 818-298-9790

Interior Features for 865 N Madison Avenue

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsOneCommonWall
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesNone
Total Stories1

Other Rooms

Entry Level1

General for 865 N Madison Avenue

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityPasadena
Community FeaturesCurbs, StreetLights, Sidewalks
CountyLos Angeles
DirectionsCross streets are E Orange Grove Blvd and N Los Robles Ave.
Electric Expense600.0
Electric On Property Y/NNo
Entry LocationFront entrance
Fuel Expense0.0
Garage Spaces0.0
Garage Y/NNo
Gross Income28580.0
HOANo
Home Warranty Y/NNo
Insurance Expense18000.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Listing TermsCashToNewLoan
Lot Size Square Feet14131.0
Lot Size UnitsSquareFeet
MLS Area646 - Pasadena (NE)
MobileHomeRemainsYNNo
Net Operating Income9980.0
New ConstructionNo
Number Of Units Total4
Operating Expense18600.0
Pool FeaturesNone
Property Attached Y/NYes
Property Sub Type AdditionalQuadruplex
Property SubtypeQuadruplex
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublicSewer
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusPending
StatusPending
Stories1
Tax Lot7
Trash Expense0.0
ViewNeighborhood
Water Sewer Expense0.0
Year Built1949
Year Built SourceAssessor
ZoningPSR6

Exterior for 865 N Madison Avenue

Building Area Total2018.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesBackYard, FrontYard
Lot Size Acres0.3244
Lot Size Area14131.0
Lot Size SourceAssessor
Number of Buildings2
Number of Separate Electric Meters4
Number of Separate Gas Meters4
Number of Separate Water Meters4
Open Parking Y/NNo
Private PoolNo
SpaNo
Total Parking0.0
Water SourcePublic
WaterfrontY/NNo

Additional Details

Price History

Hal Schlegel

Broker Associate
Price $1,249,000
MLS#SR25048636
List Date 03/05/2025
Property Type Pending
Phone 714.742.6515
Request Tour
Request Info
Visit My Website

Similar Properties to 865 N Madison Avenue

Compare listings

Compare