855 North Madison Avenue

Pasadena, CA 91104

$2,000,000
Last Sold Price
11
Beds
7
Baths
5,198 Sq. Ft.
$385 / Sq. Ft.
5,198
Sq. Ft.
$385
per Sq. Ft.

Description

New Year new price to sell! Seven Units property located in the popular community neighborhood. Features with six 2 bed/1 bath units, one 1 bed/1 bath unit. Three units have their private yards. Seller has installed seven brand new electrical meters plus one house meter, repair the foundation in 2019. Each unit has in house laundry room, individual electricity and gas meters. Seven parking stalls with newer roof, additional 6 uncovered parking car spaces, long drive. One of the building was constructed...New Year new price to sell! Seven Units property located in the popular community neighborhood. Features with six 2 bed/1 bath units, one 1 bed/1 bath unit. Three units have their private yards. Seller has installed seven brand new electrical meters plus one house meter, repair the foundation in 2019. Each unit has in house laundry room, individual electricity and gas meters. Seven parking stalls with newer roof, additional 6 uncovered parking car spaces, long drive. One of the building was constructed in 1907, the others are built in four different year structures (Buyers to investigate and satisfy themselves). Total building size is approx. 5,198 sqft., situated on the huge lot size 15,837 sqft (74 X 214). Fully occupied with long term tenants. Great location, easy access to 210, 134 Freeway and Shopping Center. Motivated Seller.
  1. Listed by Chennei Viengkhou • DRE #01187539 • Brokerage DRE #01280398 • CBD INVESTMENT INC.

Property Details for 855 North Madison Avenue

View
None
Parking Spaces Total
6
Private Pool
No
Cooling Type
Wall/Window
Total Units
7.0
Building Type
Attached
Lot Size Source
Assessor
Lot Size Dimensions
74 X 214
LISTING UPDATED: 07/13/2021 09:24 AM

Property Details for 855 North Madison Avenue

StatusClosed
MLS #WS21000887
Days on Market129
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1907
CountyLos Angeles County

Building Information for 855 North Madison Avenue

Building/Complex855 N Madison AveFloor-Stories1Residences-Pet Policy-Year Built1907Building Size-

Property Information for 855 North Madison Avenue

Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $0
  • Gross Scheduled Income: $144,780
  • Vacancy Allowance Rate: 0
  • Net Operating Income: $101,600
  • Current Financing: None
  • Financing: Conventional
Expense Details
  • Operating Expense: $43,180
  • New Taxes Expense: $26,000
  • Gardener Expense: $2,023
  • Fuel Expense: $0
  • Electric Expense: $4,200
  • Insurance Expense: $4,477
  • Maintenance Expense: $720
  • Professional Management Expense: $0
  • Other Expense: $720
  • Trash Expense: $2,760
  • Water Sewer Expense: $3,000
  • Real Estate Tax Expense: $26,000
  • Total Expenses: $43,180
Tax / Assessment Info
  • Tax Tract Number: 0
  • Tax Census Tract: 4621.00
  • Tax Lot: 8
Community / Development
Community / Development
  • Accessibility Features: None
  • Disability Access: None
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Sidewalks
  • Investment Property: Yes
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Inside
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: Wall/Window Unit(s)
  • Heating Type: Floor Furnace
  • Heating: Floor Furnace
  • Heat Equipment: Floor Furnace
  • Flooring: Laminate
Exterior Features
  • Construction Materials: Drywall Walls
  • Roof: Composition
  • View Description: None
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Land/Lot Info
  • Sign on Property: No
  • Lot Features: 6-10 Units/Acre
  • Land Use: Multi-Family
  • Number Of Units: 7
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: One
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Natural Gas Available
  • Electric: Standard
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking: Yes
  • Parking Garage: Assigned
  • Uncovered Spaces: 6
  • Open Other Spaces Total: 6
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
  • Parking Features: Assigned
Property / Structure Info
  • Building Status: Existing
  • Asset Class: Multi-Family
Unit Information
Unit 1
  • Unit Type Units Total: 2
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,700
  • Unit Type Total Rent: $3,400
  • Unit Type Pro Forma: 1700
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,825
  • Unit Type Total Rent: $1,825
  • Unit Type Pro Forma: 1825
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,795
  • Unit Type Total Rent: $1,795
  • Unit Type Pro Forma: 1825
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,695
  • Unit Type Total Rent: $1,695
  • Unit Type Pro Forma: 1825
  • Unit Type Type: 4
Unit 5
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,475
  • Unit Type Total Rent: $1,475
  • Unit Type Pro Forma: 1600
  • Unit Type Type: 5
Unit 6
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,875
  • Unit Type Total Rent: $1,875
  • Unit Type Pro Forma: 1875
  • Unit Type Type: 6
Unit 7
  • Unit Type Units Total: 7
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Actual Rent: $1,875
  • Unit Type Type: 7
Unit Information
  • Number Of Units Leased: 7
  • Rent Controlled: No
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 7
  • Number Of Separate Water Meters: 1

Property History for 855 North Madison Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 855 North Madison Avenue

Taxable ValueLand$1,456,560Additions$624,240Total$2,080,800
Tax Record2024$24,649 ($2,054 / month)
Home Facts
Total Finished SqFt5,198 SqFtAbove Grade Finished SqFt5,198 SqFtLot Size15,837 SqFtStyleMulti-Family Res (5+ Units)Year Built1907ZoningPSR6CountyLOS ANGELESAPN5731-001-011

Schools near 855 North Madison Avenue

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 - K to 8
Rating
School
Distance
Madison Elementary School
PublicK to 5

Octavia E. Butler Magnet School
Public6 to 8

John Muir High School
Public9 to 12

Odyssey Charter School - South
CharterK to 8

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

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Similar Sold Homes

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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 CBD INVESTMENT INC., Chennei Viengkhou, DRE #01187539

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.