$7,900,000
Closed

281 S Madison Avenue

Pasadena, CA 91101
0.32 acres | #DW22254531
Listing OfficeDeodate Corporation
Type:Multi-Family
Structure:Duplex/Multi-Unit
Zone:Residential

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.

  • Property Details
      • Lot DescriptionCorner Lot, No Backyard Grass
      • SubdivisionNortheast Original
      • FloorsConcrete, Linoleum
      • Property TypeCommercial Sale
      • Sewer InformationPublic Sewer
      • RoofComposition
      • Parking FeaturesOn Site
      • Cost399000
      • CountyFalls
      • Property SubtypeOther
      • Parcel Number43706
      • Pool DescriptionNone
      • Acres1.33
      • FoundationSlab
      • Middle School,
      • High School,

Location

Bill PavkovReal Estate Group
OR