200 S Madison Avenue, Pasadena, CA 91101

Pasadena
Local realty services provided by:Better Homes and Gardens Real Estate Town Center
200 S Madison Avenue,Pasadena, CA 91101
$4,480,000
  • 10 Beds
  • 16 Baths
  • 11,212 sq. ft.
  • Multi-family
  • Pending
Listed by: benjamin j. hsiang, alexander metaxas
Office: realty investment advisors, inc.
MLS#:26857859
Source:CRMLS

Price summary

  • Price:$4,480,000
  • Price per sq. ft.:$399.57

About this home

We are pleased to present 200 South Madison Avenue, a rare opportunity to acquire a pride-of-ownership 16-unit multifamily asset in the highly coveted Madison Heights neighborhood of Pasadena. The property combines an irreplaceable location, strong in-place cash flow, and meaningful rental upside, making it an exceptional long-term investment opportunity. The property consists of sixteen well-designed units, including one two-bedroom/one-bathroom unit, eight one-bedroom/one-bathroom units, and seven studio units, providing a diverse unit mix that appeals to a broad tenant base. Current ownership has completed numerous capital improvements, including the mandatory soft-story seismic retrofit, copper plumbing upgrades, newer roofing, fresh exterior paint, and interior unit renovations. The property is separately metered for gas and electricity and offers fifteen on-site parking spaces. Situated on a prominent 12,774-square-foot corner lot, 200 South Madison Avenue enjoys one of the most...

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Home facts

  • Year built:1954
  • Listing ID #:26857859
  • Added:49 day(s) ago
  • Updated:August 28, 2026 at 10:53 AM

Rooms and interior

  • Bedrooms:10
  • Total bathrooms:16
  • Living area:11,212 sq. ft.

Heating and cooling

  • Cooling:Wall Window Units
  • Heating:Wall Furnance

Structure and exterior

  • Year built:1954
  • Building area:11,212 sq. ft.
  • Lot area:0.29 Acres

Finances and disclosures

  • Price:$4,480,000
  • Price per sq. ft.:$399.57

Parking

  • Total parking spaces:15
  • Parking description:Assigned, Carport
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