570 N Madison, Pasadena, CA 91101
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
- Pending
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 units, making it an easy unit mix to rent out. The property was built in 1963, has a total of 7,222 SF building size and is situated on a large 12,685 SF lot. Based on the building size, each unit averages about 802SF/unit (buyer to verify). Each unit is unique with distinct Mid-Century-Modern architectural layout with open floor settings, floor to ceiling windows, and many more attractive design features. All the ground floor units have private patio (buyer to verify). Approximately 3 units have been updated with luxury wood flooring, updated kitchen (quartz countertops, new kitchen cabinet), and...
Contact an agent
Home facts
- Listing ID #:AR26100175
- Added:95 day(s) ago
- Updated:August 11, 2026 at 07:52 AM
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
New listings near 570 N Madison
- New
$1,400,000Active3 beds 3 baths1,775 sq. ft.440 N Oak #A, Pasadena, CA 91107
MLS# DW26174697Listed by: GREENPOINT REAL ESTATE SERVICES - New
$3,400,000Active9 beds 9 baths440 N Oak, Pasadena, CA 91107
MLS# DW26174725Listed by: GREENPOINT REAL ESTATE SERVICES - New
$39,000Active0 Acres0 N Catalina, Pasadena, CA 91106
MLS# PW26174646Listed by: REFRAME - New
$2,398,000Active3 beds 3 baths3,077 sq. ft.943 E California Boulevard #2, Pasadena, CA 91106
MLS# AR26174919Listed by: COLDWELL BANKER REALTY
$840,000Pending1 beds 1 baths1,003 sq. ft.380 Cordova Street #406, Pasadena, CA 91101
MLS# PF26174484Listed by: 2ND AVENUE SALES & MARKETING,- New
$1,300,000Active3 beds 3 baths1,286 sq. ft.438 N Oak, Pasadena, CA 91107
MLS# DW26173599Listed by: GREENPOINT REAL ESTATE SERVICES - New
$1,400,000Active3 beds 3 baths1,901 sq. ft.440 N Oak #B, Pasadena, CA 91107
MLS# DW26174716Listed by: GREENPOINT REAL ESTATE SERVICES - Open Thu, 10am to 2pmNew
$1,185,000Active3 beds 2 baths1,861 sq. ft.610 S Orange Grove Boulevard #6, Pasadena, CA 91105
MLS# P1-28397Listed by: COLDWELL BANKER REALTY - Coming Soon
$829,000Coming Soon3 beds 3 baths41 N Oak #4, Pasadena, CA 91107
MLS# WS26174024Listed by: HANDFORE REALTY CORP. - Open Thu, 10am to 2pmNew
$1,499,000Active-- beds -- baths3,914 sq. ft.320 E California Boulevard, Pasadena, CA 91106
MLS# AR26174581Listed by: COLDWELL BANKER REALTY PASADENA