Skip To Content
    Return to Previous Page

    855 N Madison Avenue

    Pasadena, CA 91104
    • $2,300,000
    • STATUS: Active
    • ON SITE: 138 days
    • ID#: WS20135960
    UPDATED: 77 min ago
    $2,300,000
    • 0
      BEDS
    • 0.36
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,198
      SQFT
    • $442
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1907
    County:

    School Ratings & Info

    Description

    Price Reduction! Price to Sell! Seven Units income property located in the quiet neighborhood Pasadena. Features with six 2bed/1bath units, one 1bed/1bath unit. Three units have their private yards. Brand new electrical meters plus one house meter. Newer windows, upgraded kitchen and baths. In house laundry hook-ups, each unit has individual electricity and gas meters. Seven parking stalls with newer roof, additional 6 uncovered parking car spaces. One of the building was constructed in 1907, the other units are built in four different year structures (Buyers to investigate and satisfy themselves). The building total is approx. 5,198 sqft., situated on the huge lot size approx. 15,837 sqft (74 X 214). Fully occupied with long term tenants in good standard monthly payments. Excellent location, easy access to 210, 134 Freeway and Shopping Center. Motivated Seller.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-11-26T21:25:44.417. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Alvarado Brothers | Ever Stewart Alvarado Broker. Licensed in the State of California, USA.

    www.thealvaradobrothers.com/homes/107756913
    Print Image

    855 N Madison Avenue Pasadena, CA 91104

    • Price: $2,300,000
    • Status: Active
    • Updated: 77 min ago
    • ID#: WS20135960
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.36
    Acres
    5,198
    SQFT
    $442
    $/SQFT
    1907
    Built
    Neighborhood:
    646 - Pasadena (NE)
    County:
    Los Angeles
    Area:
    646 - Pasadena (NE)
    Property Description
    Price Reduction! Price to Sell! Seven Units income property located in the quiet neighborhood Pasadena. Features with six 2bed/1bath units, one 1bed/1bath unit. Three units have their private yards. Brand new electrical meters plus one house meter. Newer windows, upgraded kitchen and baths. In house laundry hook-ups, each unit has individual electricity and gas meters. Seven parking stalls with newer roof, additional 6 uncovered parking car spaces. One of the building was constructed in 1907, the other units are built in four different year structures (Buyers to investigate and satisfy themselves). The building total is approx. 5,198 sqft., situated on the huge lot size approx. 15,837 sqft (74 X 214). Fully occupied with long term tenants in good standard monthly payments. Excellent location, easy access to 210, 134 Freeway and Shopping Center. Motivated Seller.
    Exterior Features

    Lot Features 6-10 Units/Acre Lot Size Dimensions 74 X 214 Lot Size Source Assessor Lot Size Units Square Feet Parking Total 6.00 Roof Composition Uncovered Spaces 6.00

    Interior Features

    Condo Area Units Square Feet Cooling Wall/Window Unit(S) Cooling YN Yes Heating Floor Furnace Heating YN Yes Laundry Features Inside

    Property Features

    Additional Parcels YN No Asset Class Multi-Family Building Area Units Square Feet Building Status Existing Country Us Current Financing None Electric Expense 4200.00 Gross Scheduled Income 144780.00 Insurance Expense 4477.00 Investment Property YN Yes Land Lease YN No Land Use Multi-Family Laundry YN Yes Leasable Area Units Square Feet Lease Considered YN No Lot Dimensions Source Assessor Maintenance Expense 720.00 Max Total Area Units Square Feet Min Total Area Units Square Feet Net Operating Income 101600.00 Occupancy Occupied Operating Expense 43180.00 Other Expense 2023.00 Property Sub Type Multi Family Real Estate Tax Expense 26000.00 Special Listing Conditions Standard Total Monthly Rent 12065 Trash Expense 2760.00 Vacancy Allowance Rate 0.00 Water Sewer Expense 3000.00 Water Source Public Year Built Source Assessor Zoning Psr6

    Listing provided courtesy of Chennei Viengkhou of Cbd Investment Inc.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-11-26T21:25:44.417. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Alvarado Brothers | Ever Stewart Alvarado Broker. Licensed in the State of California, USA.

     
    https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_364572657-1.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_364572657-1.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_364572657-1.jpg
    Logo
    The Alvarado Brothers | Ever Stewart Alvarado Broker
    1800 N Bristol St, Suite C135
    Santa Ana CA, 92706