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Listed by Rickird Rey Ramirez • Ally Commercial Real Estate
$2,999,999
Est. payment /mo
7,222 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 7,222 sqft
Price per Sqft $415
MLS Listing ID CRDW25024868
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1963
Lot Size 0.291 Acres
Property Sub-Type Other
Property Description
Positioned in one of Pasadena’s most sought-after neighborhoods, 570 N. Madison Ave. presents an exceptional value-add investment opportunity. Situated just blocks from the vibrant heart of Old Town Pasadena, this property seamlessly blends convenience, accessibility, and long-term income potential, making it an ideal choice for both new and seasoned investors and builders alike. The property holds 9 very spacious units, including seven 2-bedroom, 1-bathroom units and three 3-bedroom, 1-bathroom units, all currently occupied by reliable, on-time paying tenants. Its 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 potential buyers. 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, 570 N. Madison Ave. offer
Location
State CA
County Los Angeles
Interior
Fireplace No
Laundry Other
Building
Water Public
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