570 N Madison, Pasadena, CA 91101

Pasadena
Local realty services provided by:ERA North Orange County Real Estate
570 N Madison,Pasadena, CA 91101
$2,850,000
  • 5 Beds
  • 2 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: handoko chen
Office: growth investment group pasade
MLS#:AR26100175
Source:San Diego MLS via CRMLS

Price summary

  • Price:$2,850,000

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 2bed+1bath...

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Home facts

  • Listing ID #:AR26100175
  • Added:47 day(s) ago
  • Updated:June 24, 2026 at 02:57 PM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:2

Heating and cooling

  • Cooling:Wall/Window

Structure and exterior

  • Levels:2 Story

Finances and disclosures

  • Price:$2,850,000
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