175 Madre Street

Pasadena, CA 91107

$999,000
Price
2
Beds
2
Baths
1,210 Sq. Ft.
$826 / Sq. Ft.
1,210
Sq. Ft.
$826
per Sq. Ft.

Description

Don’t miss this rare chance to own a duplex with outstanding rental income potential in one of Pasadena’s most desirable areas! Centrally located near Colorado Blvd, Pasadena City College, and the Huntington Library, this property is surrounded by prestigious schools and vibrant amenities. Both units are 1-bedroom, 1-bathroom, each with its own driveway (fits 2 cars) and a fenced front yard for added privacy. From 2019, the combined rental income has been an impressive $3,900/month, with one long-term...Don’t miss this rare chance to own a duplex with outstanding rental income potential in one of Pasadena’s most desirable areas! Centrally located near Colorado Blvd, Pasadena City College, and the Huntington Library, this property is surrounded by prestigious schools and vibrant amenities. Both units are 1-bedroom, 1-bathroom, each with its own driveway (fits 2 cars) and a fenced front yard for added privacy. From 2019, the combined rental income has been an impressive $3,900/month, with one long-term tenant in place for over 5 years! No HOA fees, and minimal maintenance costs make this a highly profitable and stress-free investment. With immense potential for future value appreciation or possible additions, this is a unique opportunity to invest in Pasadena living. Whether you’re looking to live in one unit and rent the other, create a multi-generational setup with privacy, or simply enjoy dual rental income from both, this duplex is the perfect choice. Seize the chance to own a versatile, income-generating property in the heart of Pasadena. Opportunities like this don’t last—schedule a showing today!
  1. Listed by LINLIN CHE • DRE #02019914 • Brokerage DRE #01187340 • MASTERS REALTY • 213-284-0391

Property Details for 175 Madre Street

Parking Spaces Total
4
Private Pool
No
Cooling Type
Wall/Window
Total Units
2.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
1210
Assessor Parcel Number
5754-011-020
LISTING UPDATED: 12/22/2024 10:12 PM

Property Details for 175 Madre Street

StatusActive
MLS #WS24240225
Days on Market11
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1936
Lot Size0.12 AC / 5,040 SF
CountyLos Angeles County

Building Information for 175 Madre Street

Stories1Residences-Year Built1936Building Size-Lot Size0.12 AC / 5,040 SF

Property Information for 175 Madre Street

Income / Expense / Tax Details
Income Details
  • Gross Income: $54,000
  • Gross Scheduled Income: $54,000
  • Net Operating Income: $36,700
Expense Details
  • Operating Expense: $17,300
  • New Taxes Expense: $12,300
  • Fuel Expense: $0
  • Electric Expense: $1,800
  • Insurance Expense: $1,200
  • Maintenance Expense: $550
  • Trash Expense: $550
  • Water Sewer Expense: $925
  • Total Expenses: $17,325
Tax / Assessment Info
  • Tax Tract Number: 6249
  • Tax Census Tract: 4631.03
  • CFD/Mello-Roos Fee: $657
  • Tax Lot: 110
Community / Development
Community / Development
  • Community Features: Sidewalks
Property / Structure Info
Interior Features
  • Room Type: Living Room, Walk-In Closet
  • Bedroom Features: WalkInCloset
  • Laundry: Yes
  • Laundry Features: Outside
  • Cooling: Wall/Window Unit(s)
Exterior Features
  • Entry Location: front door
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Front Yard
  • Number Of Units: 2
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: One
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,050
  • Unit Type Pro Forma: 2400
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $0
  • Unit Type Pro Forma: 2100
  • Unit Type Type: 2
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1

Property History for 175 Madre Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 175 Madre Street

Taxable ValueLand$519,939Additions$128,242Total$648,181
Tax Record2024$7,937 ($661 / month)
Home Facts
Total Finished SqFt1,210 SqFtAbove Grade Finished SqFt1,210 SqFtLot Size4,655 SqFtStyleDuplexYear Built1936ZoningLCR105CountyLOS ANGELESAPN5754-011-020

Schools near 175 Madre Street

This home is within Pasadena Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - 6 to 12
Rating
School
Distance
Willard Elementary School
PublicK to 5

Woodrow Wilson Middle School
Public6 to 8

Pasadena High School
Public9 to 12

Aveson Global Leadership Academy
Charter6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

175 Madre Street is a multi-family home for sale in Pasadena, CA 91107. This property was listed for sale on December 22, 2024 by MASTERS REALTY, it's currently listed at $999,000. It has been on the market for a total of 11 days and was last sold on January 15, 2016. This listing's school district is Pasadena Unified School District. Nearby schools include Willard Elementary School, Woodrow Wilson Middle School and Pasadena High School. 175 Madre Street is a 2-bed, 2-bath, 1,210 sqft multi-family home built in 1936.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of MASTERS REALTY, LINLIN CHE, DRE #02019914

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.