865 N Madison Avenue, Pasadena, CA 91104

0 beds 0 baths 14,131 sq.ft.

Offerered at: $1,249,000.00

County: Los Angeles
Year Built: 1949
Association Fees: $0.00/mo.

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!

ESSENTIAL INFO

  • Status: Pending