37
See all 37 photos
$8,980,000
Est. payment /mo
0.46 Acres Lot
Active
239 S Madison AVE Pasadena, CA 91101
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRAR25053688
Originating Board California Regional MLS
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
Tax ID 5734010003
Special Listing Condition Not Applicable
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Listed by Han Chen • Growth Investment Group Pasade