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570 N Madison, Pasadena, CA 91101

Pasadena
Local realty services provided by:CENTURY 21 Cornerstone
570 N Madison,Pasadena, CA 91101
$2,850,000
  • - Beds
  • - Baths
  • 7,222 sq. ft.
  • Multi-family
  • Pending
Listed by: handoko chen
Office: growth investment group pasade626-594-4900
MLS#:AR26100175
Source:CRMLS

Price summary

  • Price:$2,850,000
  • Price per sq. ft.:$394.63

About this home

Beautifully Maintained 9-units Value-add Mid-Century-Modern apartment several blocks north of Old Town Pasadena. Excellent Unit Mix, Large 12,685 SF Lot, can do ±9 ADUs, Excellent going-in CAP Rate with High Proforma CAP Rate, Many CapEX recently completed! A very well-maintained 9-unit value-add apartment in the City of Pasadena. Situated only several blocks north of Old Town Pasadena, 2 blocks west of Los Robles Ave, and just within walking distance of many dining, shopping, and other attractions in Pasadena. It is situated on a quiet residential street surrounded by high-priced bungalows/single family houses. The investment offers a high 5.7% CAP Rate making this a very attractive investment on day 1. The property is a garden style walk-up 2 story apartment with excellent curb appeal. It has undergone various capital improvements which includes new exterior paints, new reasphalt driveway, and others. It offers superb unit mix with two (2) x 3bed+1bath and seven (7) x...

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Home facts

  • Year built:1963
  • Listing ID #:AR26100175
  • Added:109 day(s) ago
  • Updated:August 25, 2026 at 07:52 AM

Rooms and interior

  • Flooring:Laminate, Vinyl, Wood
  • Kitchen Description:Gas Range, Refrigerator
  • Living area:7,222 sq. ft.

Heating and cooling

  • Cooling:Wall Window Units
  • Heating:Wall Furnance

Structure and exterior

  • Roof:Asphalt
  • Year built:1963
  • Building area:7,222 sq. ft.
  • Lot area:0.29 Acres
  • Lot Features:Landscaped, Level with Street, Near Public Transit, Rectangular Lot, Street Level
  • Architectural Style:Mid Century Modern
  • Levels:2 Story

Utilities

  • Water:Public, Water Connected
  • Sewer:Public Sewer, Sewer Connected

Finances and disclosures

  • Price:$2,850,000
  • Price per sq. ft.:$394.63

Features and amenities

  • Amenities:Ceiling Fans

Parking

  • Total parking spaces:9
  • Parking description:9 Carport Space(s), Assigned, Attached Carport, Carport, Detached Carport
  • Carport spaces:9
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