Exclusive Listings

MADISON PORTFOLIO - 6 properties several blocks north of Old Pasadena, 1.78Acre Lot

Address:
514,526,536,542,562, 570 N Madison Ave
Pasadena, CA 91101
Price:
$10,000,000
Status:
Available
Type:
Apartment
# Units:
25
Year Built:
0
Building Size:
Lot Size:
77,460 SF
CAP Rate:
n/a
GRM:
x
Price/Unit:
n/a
Price/SqFt:
n/a

MADISON PARK PORTFOLIO – True Value-Add SIX (6) Properties Side-by-side For Sale, Great Location Several blocks north of Old Town Pasadena, Large Combined Lot Size of 1.78ACRE, Overparked Portfolio. Can be purchased individually or together.

INVESTMENT HIGHLIGHTS

  • Prime value-add near Old Town Pasadena and Rose Bowl
  • SUPERB demographics with ±$111,562 average household income within a 1-mile radius
  • Walk Score 78, Bike Score 91
  • Excellent access to 210, 134, and 110 freeways; superb access to downtown Los Angeles via FWY 110
  • Excellent Mix of bite sized apartments; each on large lot
  • Excellent location in a mature and quiet residential area, surrounded by single family houses and smaller 2-4 units residential properties
  • Excellent curb appeal with quiet residential atmosphere

EXECUTIVE SUMMARY

Growth Investment Group California is proud to offer MADISON PARK PORTFOLIO – a Six (6) properties portfolio, consisting of:

  1. 570 N Madison, a prime value add 9-unit
  2. 514 N Madison, a 4-house on a lot – single story
  3. 526 N Madison, a 4-house on a lot – single story
  4. 536 N Madison, a 3-unit bungalow style on a lot
  5. 542 N Madison, a 3-house on a lot – single story
  6. 562 N Madison, a 2-house on a lot – single story

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 single family houses.

The Portfolio 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.  Near Pasadena’s historic City Hall, it sits just minutes from the California Institute of Technology, Pasadena Community College, and the 210 and 110 Freeways, offering ease of access to neighboring cities and entertainment destinations in the region. Historic Old Pasadena’s charming storefronts house 200 shops plus a wide array of restaurants and night spots. The Pasadena Convention Center, Pacific Asia Museum, the historic Tournament of Roses house, and the Norton Simon Museum are minutes away. The property has superb access to FWY 110 and FWY 210 and offers an easy commute to additional employment centers of downtown Los Angeles and adjacent cities of Burbank and Glendale via 134 Freeway.



Marketing Files


Due Diligence


Broker Contact

Han Widjaja-Chen
Direct: 626.594.4900
han.chen@growthinvestmentgroup.com


Office:
1487 E Colorado Blvd
Pasadena, CA 91106
By Appointment Only - No Walk-ins
Phone: 626.594.4901
Copyright © 2024 Growth Investment Group California - Corp. ID 02201380
Visit us on social media websites