Pasadena, CA 91107 175 Madre Street

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Presented By: LINLIN CHE with MASTERS REALTY; 213-284-0391
  • California Regional MLS (CRMLS) - 25 - CA
  • MLS# WS24240225
  • 12/02/2024
  • Request Tour
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Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
  • Beds • 2
  • Baths • 2
  • SQFT • 1,210

Home Details

Don’t miss this rare chance to own a duplex with outstanding rental income potential in one of Pasadena’s most desirable areas! Centrally located near Colorado Blvd, Pasadena City College, and the Huntington Library, this property is surrounded by prestigious schools and vibrant amenities. Both units are 1-bedroom, 1-bathroom, each with its own driveway (fits 2 cars) and a fenced front yard for added privacy. From 2019, the combined rental income has been an impressive $3,900/month, with one long-term tenant in place for over 5 years! No HOA fees, and minimal maintenance costs make this a highly profitable and stress-free investment. With immense potential for future value appreciation or possible additions, this is a unique opportunity to invest in Pasadena living. Whether you’re looking to live in one unit and rent the other, create a multi-generational setup with privacy, or simply enjoy dual rental income from both, this duplex is the perfect choice. Seize the chance to own a versatile, income-generating property in the heart of Pasadena. Opportunities like this don’t last—schedule a showing today!
Presented By: LINLIN CHE with MASTERS REALTY; 213-284-0391

Interior Features for 175 Madre Street

Other Interior Features

Air Conditioning Y/NYes
Basement (Y/N)No
Common WallsNoCommonWalls
Fireplace Y/NNo
Heating Y/NNo
Interior AmenitiesWalkInClosets
Laundry FeaturesOutside
Total Stories1

Other Rooms

Entry Level1

General for 175 Madre Street

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityPasadena
Community FeaturesSidewalks
CoolingWallWindowUnits
CountyLos Angeles
Directions210 TO MADRE, EXIT AND GO RIGHT APPROX ONE MILE. SOUTH OF COLORADO, NORTH OF DEL MAR. Cross Streets: COLORADO/DEL MAR
Electric Expense1800.0
Electric On Property Y/NNo
Entry Locationfront door
Expected Active Date 2024-12-22
Fuel Expense0.0
Garage Spaces0.0
Garage Y/NNo
Gross Income54000.0
HOANo
HOA Fee$0.0
Home Warranty Y/NNo
Insurance Expense1200.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Listing TermsCash, CashToNewLoan, Exchange1031
Lot Size Square Feet5040.0
Lot Size UnitsSquareFeet
MLS Area648 - Pasadena (SE)
MaintenanceExpense550.0
MobileHomeRemainsYNNo
Net Operating Income36700.0
New ConstructionNo
Number Of Units Total2
Operating Expense17300.0
Pool FeaturesNone
Property Attached Y/NNo
Property Sub Type AdditionalDuplex
Property SubtypeDuplex
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories1
Tax Lot110
Taxes$12,300
Trash Expense550.0
Water Sewer Expense925.0
Waterfront Y/NNo
Year Built1936
Year Built SourceAssessor
ZoningLCR105

Exterior for 175 Madre Street

Building Area Total1210.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesFrontYard
Lot Size Acres0.1157
Lot Size Area5040.0
Lot Size SourceAssessor
Number of Buildings2
Number of Separate Electric Meters1
Number of Separate Gas Meters1
Number of Separate Water Meters1
Open Parking Y/NNo
Private PoolNo
SpaNo
Total Parking4.0
Water SourcePublic

Additional Details

Price History

Hal Schlegel

Broker Associate
Price $999,000
MLS#WS24240225
List Date 12/02/2024
Property Type Multi-Family
Phone 714.742.6515
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