514 N Madison Ave

Pasadena, CA 91101

  • 0 Bed(s)
  • 0 Bath(s)
  • 19,506 Sqft
  • 77460
    Sqft(Lot)
$11,999,999

Description

Legacy property in a premier pasadena location.

located at 514-570 n madison, this offering includes six contiguous parcels totaling 77,460 square feet of land. currently, the property features 25 existing units, primarily bungalows, across a combined building footprint of 19,506 square feet.

the low building-to-land ratio creates a significant opportunity for a visionary investor or developer to unlock the full potential of the site through extensive adu development. there is potential to add 25 new adus across the property.

this development could nearly triple gross income, offering multiple exit strategies or establishing a valuable legacy asset for long-term investment.

can be sold together or separate.

  • Property Type

    Residential Income
  • County

    Los Angeles
  • Style

    Residential Income
  • AD ID

    48301226

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Property Details

  • Water/Sewer

    • Water Source : Public
    • Sewer : Public Sewer
  • Building Information

    • Year Built: 1921
    • Building Area Total: 19,506

    Pool Features

    • None

    Laundry Features

    • Common Area
  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 1.7782
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 77460
  • Listing Price Information

    • Original List Price: 11,999,999
    • Listing Contract Date: 2025-01-09

    Lease Information

    • Listing Agreement: Exclusive Right To Sell
  • Tax Information

    • Parcel Number: 5731006009
  • Garage and Parking

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable
    • Tenant Pays: Electricity,Gas
  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: 645 - Pasadena (NW)
    • Directions: Just north of the 210 FWY and south of Orange Grove Blvd on Madison Ave.
    • Source Property Type: Residential Income
    • Area: 645 - Pasadena (NW)
    • Property SubType: Mixed Use

    Building and Construction

    • Property Age: 104
    • Common Walls: 1 Common Wall
    • Structure Type: Mixed Use
    • Year Built Source: Public Records
    • Entry Level: 1
    • Entry Location: Street
    • Property Attached: Yes
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BuyOwner last updated this listing 01/30/2025 @ 03:53

  • MLS: DW25006052
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 0 bedrooms which is for sale, it has 19,506 sqft, 77,460 sized lot, and 4 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Pasadena , in zip code 91101, this Los Angeles County Home are nearby neighborhoods.