239 S Madison AVE Active

Pasadena,CA 91101

$ 8980000

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRAR25053688

Year Built 1951

Lot Size 0.459 Acres

Property Description

One of the best locations in Pasadena (south of Cordova St and north of Del Mar Blvd); Strategically located only a block south of Pasadena Playhouse District, several blocks South of OLD TOWN PASADENA, and within walking distance to Pasadena Convention Center and Lake Ave shopping district - including recently opened Erewhon market on Lake Ave, this community offers superb location and amenities to tenants. Walk Score 89, Bike Score 82. The property is a two-story garden style apartment that has been extensively remodeled. The current owner did not take any shortcut in completing major capital improvements such as brand-new roof (2022), parking soft story retrofit, new asphalt driveway, fully upgraded 14 units with high-end upgrades and brand-new plumbing, brand new landscaping, new exterior paint, updated gate, new high-end Butterfly entry system (intercom + camera for package delivery), new mailboxes, new hand railing system, new irrigation system and other significant improvements. With the major capital improvements completed, this offering provides plug-and-play easy to manage apartment in an amazing location. The property was built in 1951 with a center courtyard layout and spacious units. It has a large living space of ±17,570 SF (per assessor) and sits on a large

Location

State CA

County Los Angeles

Area 647 - Pasadena (Sw)

Rooms

Kitchen Oven Range - Gas

Interior

Heating Wall Furnace

Cooling Window / Wall Unit

Flooring Laminate

Laundry Gas Hookup,Laundry Area,30,Other,Washer,Washer/Dryer - Leased,Community Facility,Dryer

Exterior

Parking Features Assigned Spaces,Covered Parking,Detached Garage,Other

Garage Spaces 20.0

Pool 31,None

Roof Type Shingle

Building

Lot Description Grade - Level

Water District - Public

Others

Special Listing Condition Not Applicable

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