Down Payment Assistance
40
$9,000,000
13,988 Sqft Lot

281 S Madison Avenue, Pasadena, California 91101

map-entry
  • Residential Income Property Type
  • 0 Days Time On Market
  • 279 Cars Garage
  • 1962 Year Built
Property Description

Originally built by the current ownership group, 281 S Madison resides near one of the highest disposable

income zip codes in the country. Walking distance to the Cal Tech, PCC, Lake Ave, and Colorado Blvd districts, this multifamily

investment opportunity boasts 21 large one and two-bedroom units with amenities like underground parking and a pool.

Tremendous upside, with rents far below market averages across the board. Potential to be a crown (core) component of any

portfolio.

Basic Details
Residential Income
For Sale
DW22254531
$9,000,000
1962
13,988 Sqft
Active
Mixed Use
Features
: Community, Association
: 279
: Pool
: Pool, Sidewalks, Street Lights, Curbs, Suburban, Foothills
: Assigned
$0
: Public Sewer
Address Map
California
Los Angeles
Pasadena
91101
281 S Madison Avenue
0
W119° 51' 40.5''
N34° 8' 27.4''
MLS Addon
Deodate Corporation
Mauricio Nunez
$0
23,768 Sqft
$0
0
0
East
South of E Colorado Blvd>North of E Del Mar Blvd>West Side of Madison Ave
$12,312
25
Del Sol Hs
1
1
Cash,Cash to New Loan,Conventional,1031 Exchange
: Rectangular Lot, 21-25 Units/acre
$0
Woodbury C. W.
1
5734010006
1
: Standard
$0
PSR4
Agent info
Isidro Nunez
Alturas Realty
Contact Agent

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