Prime Pasadena 4-Plex with Expansion Potential!
Fantastic investment opportunity in Pasadena! This spacious single-level 4-plex sits on one of the largest lots in the area, offering both immediate rental income and future development potential. The property consists of four units: one 2-bed/1-bath, one studio/1-bath, and two 1-bed/1-bath units. Currently, three units are rented, while the vacant 1-bed/1-bath has been fully remodeled and is move-in ready—perfect for an owner-occupant or new tenant.
Additional highlights include onsite parking, ample tenant space, and a large rear flat lot with the possibility for future expansion or additional units (buyer to verify). Don’t miss this rare chance to own a versatile income property in a highly desirable Pasadena location!
Sold for $1,283,691 on 07/21/25
Listing Provided by:
Carey Eckert DRE #01344238 818-298-9790,
Park Regency Realty,
Martha Anguiano DRE #01969596,
Park Regency Realty
$1,283,691
865 N Madison Ave, Pasadena, CA 91104
4beds
4baths
2,018sqft
Quadruplex
Built in 1949
-- sqft lot
$1,283,300 Zestimate®
$636/sqft
$4,560 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: July 23, 2025 at 10:15am
Listing Provided by:
Carey Eckert DRE #01344238 818-298-9790,
Park Regency Realty,
Martha Anguiano DRE #01969596,
Park Regency Realty
Bought with:
Patrick Lee, DRE #01976070
eXp Realty of California Inc
Source: CRMLS,MLS#: SR25048636
Originating MLS: California Regional MLS

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
Appliances
- Laundry: None
Features
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total structure area: 2,018
- Total interior livable area: 2,018 sqft
Property
Features
- Levels: One
- Stories: 1
- Entry location: Front entrance
- Pool features: None
- Spa features: None
- Has view: Yes
- View description: Neighborhood
Lot
- Size: 0.32 Acres
- Features: Back Yard, Front Yard
Details
- Parcel number: 5731001010
- Zoning: PSR6
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1949
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Curbs, Street Lights, Sidewalks
Location
- Region: Pasadena
Other
Other facts
- Listing terms: Cash to New Loan
Services availability
Get a cash offer in 3 minutes
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Estimated market value
$1,283,300
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,283,300