Property Detail

Description

4 Single-story Bungalows several blocks north of Old Town Pasadena, Large 12k SF Lot, 4 detached garage parking, Highly desirable layout, Easy to Rent and Manage. 514-520 N Madison Ave, a bungalow style 4-units Single story 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 single family houses. This property is being sold together with 5 adjacent buildings to its north that are own by same seller can be purchased together or individually (526 N Madison, 536 N Madison, 542 N Madison, 562 N Madison, and 570 N Madison). The property offers a highly desirable bungalow single-story layout (no adjoining walls) providing tenants with single family residential feel. It consists of 4 separate bungalows with a lush center courtyard/walkway providing serene atmosphere for the tenants. The unit mix is all 1bedroom+1bathroom, which makes it very easy to rent and manage. The property was built in 1937, has a total of 2,156 SF building size and is situated on a large 11,998 SF lot. Each unit is charming with original hardwood flooring, faux fireplace, plenty of built in cabinets, tiled kitchen and bathroom, and in-unit laundry hookups (seller provide laundry machine in 1 unit). The back unit (#520) has a large private backyard. Parking is provided via detached 4 car garages in the back. Each unit has individual water heaters and separately meters for electricity a