570 N Madison, Pasadena, California image 1
Pending

570 N Madison

Pasadena, CA 91101
Mark as Favorite
$2,850,000 $12,015/Mo
Get Pre-Approved Check your credit
Bed 5

Bed

Bath 2

Bath

SqFt12,685

Sqft(Lot)

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 cu rb 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 updated bathroom complete with tiled bathroom wall and glass shower door. There is a large and spacious common area deck above the middle carport for tenants common area. Recent study shows that a sophisticated buyer may be able to add NINE (9) ADUs in the back area (buyer to verify!). Parking is provided via 9 carports (3 on the side and 6 in the back). There is no living space above carports which means the property does not need any soft story retrofit. Each unit is separately metered for electricity and gas. The property has a shared laundry room. The property is in the highly desirable area of Pasadena just several blocks north of Old Town Pasadena. It is situated on a quiet tree-lined street and within minutes from the Gold Line and numerous additional shopping and dining options on Colorado Boulevard and Lake Avenue.

Read More Expand

Detail Ic Property Details

Property Type : ResidentialIncome

Price : $2,850,000

AD Id : 88560199

MLS Id : AR26100175

Beds : 5

Lot Size : 12,685 Sqft

Year Built : 1963

County : Los Angeles

  • Map Map

Map

Map What's Nearby

Map Nearby Areas

Feature Features

  • Interior Features

    CeilingFans
    Roof: Asphalt
    Appliances: GasRange, Refrigerator
    Laundry Features: CommonArea

  • Heating & Cooling

    Has Heating: Yes Heating: WallFurnace Has Cooling: Yes Cooling: WallWindowUnits

  • Building Information

    Year Built: 1963
    Building Area Total: 7222
    Stories: 2
    Pool Features: None
    Private Pool: No
    View: None

  • Lot Information

    Main Square Feet: 12685 Lot Size Acres: 0.2912 Lot Size Source: Assessor Lot Size Square Feet: 12,685 Lot Description: Landscaped,Level,NearPublicTransit,RectangularLot,StreetLevel

  • Listing Price Information

    Listing Price: $2850000
    Cash, CashToNewLoan

  • Tax Information

    Parcel Number: 5731006024 Tax Lot: 6

  • Utility Information

    CableConnected, ElectricityConnected, NaturalGasConnected, PhoneAvailable, SewerConnected, WaterConnected

  • Location Information

    Direction: 2 blocks east of Los Robles Ave, 1 block north of Villa St WaterSource: Public
Sell a home like this and save $170,501 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Images
Loading, please wait...

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
415 S El Molino, Pasadena, CA, 91101 $4,290,000 3 2 --

Similar Apartment To 570 N Madison

Nearby For Sale

Slider Thumb
Active
Mark as Favorite
$4,800,000
Apartment For Sale

614 620 N Mar Vista,
Pasadena, CA, 91106

Bed 3

Bed

Bath 2

Bath

SqFt24,585

Sqft(Lot)
Slider Thumb
Active
Mark as Favorite
$4,290,000
Apartment For Sale

415 S El Molino,
Pasadena, CA, 91101

Bed 3

Bed

Bath 2

Bath

SqFt20,013

Sqft(Lot)
Slider Thumb
Active
Mark as Favorite
$1,650,000
Apartment For Sale

56 N Parkwood,
Pasadena, CA, 91107

Bed 7

Bed

Bath 5

Bath

SqFt8,421

Sqft(Lot)
Slider Thumb
Active
Mark as Favorite
$3,050,000
Apartment For Sale

518 E Washington,
Pasadena, CA, 91104

Bed 7

Bed

Bath 4

Bath

SqFt15,442

Sqft(Lot)

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 08/16/2026 @ 05:45

MLS: AR26100175 LISTED BY: Handoko Chen, Growth Investment Group Pasade 626-594-4900 SOURCE: CRMLS

More Cities with for Sale by Owner Homes

Homes around $2,850,000

Slider Thumb
Active
Mark as Favorite
$1,250,000
Townhouse For Sale

478 S Oakland Ave #2,
Pasadena, CA, 91101

Bed 3

Bed

Bath 4

Bath

SqFt2,040

Sqft

SqFt9,190

Sqft(Lot)
Slider Thumb
Active
Mark as Favorite
$1,295,000
Home For Sale

840 E Green #305,
Pasadena, CA, 91101

Bed 2

Bed

Bath 2

Bath

SqFt1,917

Sqft

SqFt53,523

Sqft(Lot)
Slider Thumb
Active
Mark as Favorite
$1,325,000
Condo For Sale

150 S Oak Knoll #202,
Pasadena, CA, 91101

Bed 2

Bed

Bath 2

Bath

SqFt1,262

Sqft
Slider Thumb
Active
Mark as Favorite
$1,335,000
Condo For Sale

380 Cordova Street #517,
Pasadena, CA, 91101

Bed 2

Bed

Bath 3

Bath

SqFt1,590

Sqft

Acres0.43

Acre(Lot)
Slider Thumb
Active
Mark as Favorite
$1,390,000
Multifamily For Sale

325 S Los Robles Avenue,
Pasadena, CA, 91101

Bed 3

Bed

Bath 4

Bath

SqFt2,846

Sqft

SqFt6,432

Sqft(Lot)
Slider Thumb
Active
Mark as Favorite
$1,499,000
Multifamily For Sale

542 N Madison,
Pasadena, CA, 91101

Bed 5

Bed

Bath 4

Bath

SqFt2,150

Sqft

SqFt13,208

Sqft(Lot)
Slider Thumb
Active
Mark as Favorite
$1,550,000
Multifamily For Sale

526 N Madison,
Pasadena, CA, 91101

Bed 3

Bed

Bath 2

Bath

SqFt13,185

Sqft(Lot)
Slider Thumb
Active
Mark as Favorite
$1,679,000
Condo For Sale

39 S Los Robles Avenue ..,
Pasadena, CA, 91101

Bed 2

Bed

Bath 2

Bath

SqFt1,573

Sqft

SqFt46,158

Sqft(Lot)
Slider Thumb
Active
Mark as Favorite
$1,775,000
Condo For Sale

380 Cordova Street #407,
Pasadena, CA, 91101

Bed 3

Bed

Bath 4

Bath

SqFt1,799

Sqft

Acres0.43

Acre(Lot)
Slider Thumb
Active
Mark as Favorite
$1,880,000
Multifamily For Sale

279 Parke Street,
Pasadena, CA, 91101

Bed 8

Bed

Bath 6

Bath

SqFt3,439

Sqft

SqFt11,392

Sqft(Lot)
Slider Thumb
Active
Mark as Favorite
$2,000,000
Condo For Sale

388 Cordova Street #710,
Pasadena, CA, 91101

Bed 3

Bed

Bath 3

Bath

SqFt1,860

Sqft

SqFt18,688

Sqft(Lot)
Slider Thumb
Active
Mark as Favorite
$2,100,000
Condo For Sale

920 Granite Dr. #501,
Pasadena, CA, 91101

Bed 3

Bed

Bath 3

Bath

SqFt2,170

Sqft

SqFt82,795

Sqft(Lot)
Slider Thumb
Active
Mark as Favorite
$2,999,000
Home For Sale

421 N Euclid Avenue,
Pasadena, CA, 91101

SqFt7,089

Sqft

SqFt11,627

Sqft(Lot)
Slider Thumb
Active
Mark as Favorite
$3,499,000
Condo For Sale

345 E Colorado Boulevar..,
Pasadena, CA, 91101

Bed 3

Bed

Bath 5

Bath

SqFt3,778

Sqft

SqFt30,555

Sqft(Lot)
Slider Thumb
Active
Mark as Favorite
$3,675,000
Home For Sale

239 E Villa Street,
Pasadena, CA, 91101

Bed 12

Bed

Bath 12

Bath

SqFt8,502

Sqft

SqFt19,334

Sqft(Lot)
Slider Thumb
Active
Mark as Favorite
$3,850,000
Condo For Sale

345 E Colorado Boulevar..,
Pasadena, CA, 91101

Bed 4

Bed

Bath 5

Bath

SqFt4,135

Sqft

SqFt30,559

Sqft(Lot)
Slider Thumb
Active
Mark as Favorite
$3,900,000
Condo For Sale

345 E Colorado Boulevar..,
Pasadena, CA, 91101

Bed 3

Bed

Bath 1

Bath

SqFt4,155

Sqft

SqFt30,555

Sqft(Lot)
Slider Thumb
Active
Mark as Favorite
$4,290,000
Apartment For Sale

415 S El Molino,
Pasadena, CA, 91101

Bed 3

Bed

Bath 2

Bath

SqFt20,013

Sqft(Lot)

Selling? Save $170,501 when you sell a home like this

Tour with a ByOwner Agent