239 S Madison Avenue Active

Pasadena,CA 91101

$ 8980000

- Bed

- Bath

0 SqFt


Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRAR25053688

Year Built 1951

Lot Size 0.459 Acres

Property Sub-Type Other

Property Description

One of the best locations in Pasadena (south of Cordova St and north of Del Mar Blvd); Strategically located only a block south of Pasadena Playhouse District, several blocks South of OLD TOWN PASADENA, and within walking distance to Pasadena Convention Center and Lake Ave shopping district – including recently opened Erewhon market on Lake Ave, this community offers superb location and amenities to tenants. Walk Score 89, Bike Score 82. The property is a two-story garden style apartment that has been extensively remodeled. The current owner did not take any shortcut in completing major capital improvements such as brand-new roof (2022), parking soft story retrofit, new asphalt driveway, fully upgraded 14 units with high-end upgrades and brand-new plumbing, brand new landscaping, new exterior paint, updated gate, new high-end Butterfly entry system (intercom + camera for package delivery), new mailboxes, new hand railing system, new irrigation system and other significant improvements. With the major capital improvements completed, this offering provides plug-and-play easy to manage apartment in an amazing location. The property was built in 1951 with a center courtyard layout and spacious units. It has a large living space of ±17,570 SF (per assessor) and sits on a large ±19

Location

State CA

County Los Angeles

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Flooring Laminate,Vinyl,Wood

Laundry Community Facility,Dryer,Washer,Other,Inside

Building

Lot Description Level,Other

Water Public

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