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865 N Madison AVE Pasadena, CA 91104
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Key Details
Sold Price $1,283,691
Property Type Single Family Home, Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SR25048636
Year Built 1949
Lot Size 0.324 Acres
Property Sub-Type Quadruplex
Property Description
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!
Location
State CA
County Los Angeles
Area 646 - Pasadena (Ne)
Zoning PSR6
Interior
Laundry None
Exterior
Pool None
Community Features Curbs, Street Lights, Sidewalks
View Y/N Yes
View Neighborhood
Building
Lot Description Back Yard, Front Yard
Story 1
Sewer Public Sewer
Water Public
New Construction No
Others
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Special Listing Condition Standard
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Bought with Patrick Lee eXp Realty of California Inc
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