RENTED MAY 22, 2025

515 S Madison Ave Unit 7 Pasadena, CA 91101

Madison Heights Neighborhood

Estimated Value: $830,000 - $1,024,000

2 Beds
3.5 Baths
1,373 Sq Ft
13,229 Sq Ft Lot

Last Sold July 25, 2018

Last sale price $730,000 $532 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $5,477/month

Highlights

  • Open Floorplan
  • Contemporary Architecture
  • Cathedral Ceiling
  • Mountain View
  • Property is near public transit
  • Granite Countertops

About This Home

As of May 2025

A perfect combination of classic and modern living. This beautifully updated townhome is located just minutes away from Caltech, the Paseo, Old Town, the Metro gold line and many major freeways. The living room on the ground floor features gorgeous hardwood floor, plantation shutters and an elegant fireplace. The kitchen is equipped with all newer stainless appliances. There is also a lovely breakfast bar which brings a perfect connection between the kitchen and the dining area. A half-bath is conveniently located on 1st floor. Downstairs features a spacious storage room, a 3/4 bath and the 2-car garage. Two large en-suite bedrooms are on second floor. Both have excellent natural light. In addition, the bigger suite has a fabulous mountain view.
The unit is one of the 8 units in the community, set back from the street with mature ficus trees for quiet living.
All photos are from 2021. The unit is to be leased unfurnished.

Last Agent to Rent the Property

Emily Xing

West Shores Realty, Inc. Brokerage Phone: 310-490-7248 License #02057959 Listed on: 05/05/2025

West Shores Realty, Inc.

Last Renter's Agent

Emily Xing

West Shores Realty, Inc. Brokerage Phone: 310-490-7248 License #02057959 Listed on: 05/05/2025

West Shores Realty, Inc.

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 1987

Lot Details

  • 0.3

Parking

  • 2 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Entry on the 1st floor
  • Turnkey
  • Common Roof
  • Wood Siding

Interior Spaces

  • 1,373 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Cathedral Ceiling
  • Recessed Lighting
  • Gas Fireplace
  • Drapes & Rods
  • Combination Dining and Living Room
  • Mountain Views
  • Laundry Room
  • Finished Basement

Kitchen

  • Breakfast Bar
  • Convection Oven
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms
  • Walk-In Closet
  • Walk-in Shower

Home Security

Outdoor Features

  • Balcony
  • Patio
  • Exterior Lighting
  • Front Porch

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Water Heater

Additional Features

  • Accessible Parking
  • Two or More Common Walls
  • Property is near public transit

Listing and Financial Details

  • Security Deposit $4,600
  • Rent includes association dues, trash collection
  • 12-Month Minimum Lease Term
  • Available 5/5/25
  • Tax Lot 1
  • Tax Tract Number 42307
  • Assessor Parcel Number 5734008047

Community Details

Overview

  • Property has a Home Owners Association
  • 8 Units

Pet Policy

  • Call for details about the types of pets allowed
  • Pet Deposit $500

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Condo Details

Home Type

Condominium

Year Built

Built in 1987

Lot Details

0.3 Acres

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2025-05-05
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Pets: 500
  • Deposit Security: 4600
  • Furnished: Unfurnished
  • Pets Allowed: Call
  • Transfer Fee Paid By: Owner

Listing Details

  • Structure Type: Multi Family
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Fire and Smoke Detection System
  • View: Yes
  • Zoning: PSR3
  • Architectural Style: Contemporary
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential Lease
  • Parcel Number: 5734008047
  • Year Built: 1987
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1373.00 Square Feet
  • Interior Amenities: Balcony, Cathedral Ceiling(s), Open Floorplan, Recessed Lighting
  • Stories: 3
  • Common Walls: 2+ Common Walls
  • Accessibility Features: Parking
  • Appliances: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Breakfast Counter / Bar, In Living Room
  • Entry Level: 1
  • Fireplace Features: Gas
  • Levels: One
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 3.35
  • Room Type: All Bedrooms Up, Laundry, Living Room, Walk-In Closet
  • Window Features: Drapes
  • Bathroom Features: Shower
  • Room Kitchen Features: Granite Counters
  • Basement: Finished

Exterior Features

  • Patio: Yes
  • View: Mountain(s)
  • Fence: No
  • Patio And Porch Features: Front Porch
  • Pool Private: No
  • Roof: Common Roof
  • Spa: No
  • Construction Materials: Wood Siding

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Convection Oven, Dishwasher, Disposal, Microwave, Refrigerator, Water Heater
  • Heating Type: Central
  • Laundry Features: In Closet
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Lot Features: Near Public Transit
  • Lot Size Sq Ft: 13231.00
  • Lot Size Acres: 0.3037

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Lot Size Area: 13231.0000 Square Feet
  • Number Of Units In Community: 8
  • Number Of Units Total: 1
  • Rent Includes: Association Dues, Trash Collection

Tax Info

  • Tax Census Tract: 4636.01
  • Tax Lot: 1
  • Tax Tract Number: 42307

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2018
Closed on
Jul 5, 2018
Sold by
Yang Xi
Bought by
Jiang Lili
Seller's Agent
Tony Dowdy
Coldwell Banker Realty
Buyer's Agent
Danli Tan
Pinnacle Real Estate Group
List Price
$699,000
Sold Price
$730,000
Premium/Discount to List
$31,000
4.43%
Current Estimated Value
$898,553

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$168,553
Avg. Annual Appreciation
2.75%
Original Mortgage
$547,500
Outstanding Balance
$475,540
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$423,013

Purchase Details

Listed on
Jun 10, 2018
Closed on
Jun 25, 2018
Sold by
Fuller Christine L
Bought by
Jiang Lili
Seller's Agent
Tony Dowdy
Coldwell Banker Realty
Buyer's Agent
Danli Tan
Pinnacle Real Estate Group
List Price
$699,000
Sold Price
$730,000
Premium/Discount to List
$31,000
4.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$547,500
Outstanding Balance
$475,540
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$423,013

Purchase Details

Closed on
Feb 13, 2013
Sold by
Shimizu Mark
Bought by
Fuller Christine L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
3.53%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 2, 2007
Sold by
Zhang Lulu
Bought by
Shimizu Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.36%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 14, 2001
Sold by
Lopez Rumy
Bought by
Zhang Lulu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
6.57%

Purchase Details

Closed on
Dec 28, 1998
Sold by
R Cal Properties Inc
Bought by
Lopez Rumy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,200
Interest Rate
6.73%

Purchase Details

Closed on
Aug 7, 1998
Sold by
Hopp Gary R and Hopp Linda K
Bought by
Midstream Exchange
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Jiang Lili -- Equity Title Los Angeles
Jiang Lili $730,000 Equity Title Los Angeles
Fuller Christine L $550,000 Chicago Title Company
Shimizu Mark $534,000 United Title
Zhang Lulu $290,000 Southland Title Corporation
Lopez Rumy $215,000 Progressive Title
R Cal Properties Inc -- Old Republic Title Company
Midstream Exchange -- --
Hopp Gary R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jiang Lili $547,500
Previous Owner Fuller Christine L $350,000
Previous Owner Shimizu Mark $300,000
Previous Owner Zhang Lulu $130,000
Previous Owner Lopez Rumy $193,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/22/2025 05/22/25 Rented $4,600 0.0% --
05/05/2025 05/05/25 For Rent $4,600 +35.3% --
05/25/2021 05/25/21 Rented $3,400 0.0% --
05/18/2021 05/18/21 Under Contract -- -- --
05/15/2021 05/15/21 Off Market $3,400 -- --
05/14/2021 05/14/21 For Rent $3,400 +13.3% --
07/29/2019 07/29/19 Rented $3,000 +3.4% --
07/26/2019 07/26/19 Under Contract -- -- --
07/19/2019 07/19/19 For Rent $2,900 0.0% --
07/25/2018 07/25/18 Sold $730,000 +4.4% $532 / Sq Ft View Prior Sale
06/21/2018 06/21/18 Pending -- -- --
06/10/2018 06/10/18 For Sale $699,000 -- $509 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $9,016 $814,323 $628,369 $185,954
2024 $9,016 $798,357 $616,049 $182,308
2023 $8,938 $782,704 $603,970 $178,734
2022 $8,625 $767,358 $592,128 $175,230
2021 $8,270 $752,313 $580,518 $171,795
2019 $7,969 $730,000 $563,300 $166,700
2018 $6,793 $595,237 $427,165 $168,072
2016 $6,571 $572,126 $410,579 $161,547
2015 $6,498 $563,533 $404,412 $159,121
2014 $6,360 $552,496 $396,491 $156,005
Source: Public Records

Agents Affiliated with this Home

  • E

    Landlord's Agent in 2025

    Emily Xing

    West Shores Realty, Inc.

    (310) 490-7248

    6 Total Sales

    Emily Xing
    Section Image

  • C

    Buyer's Agent in 2021

    Carla Buigues

    The Agency

    (626) 664-4444

    10 Total Sales

    Carla Buigues
    Section Image
  • Tony Dowdy

    Seller's Agent in 2018

    Tony Dowdy

    Coldwell Banker Realty

    (626) 440-0455

    10 in this area

    61 Total Sales

    Tony Dowdy
    Section Image
  • Danli Tan

    Buyer's Agent in 2018

    Danli Tan

    Pinnacle Real Estate Group

    (626) 329-7252

    12 Total Sales

    Danli Tan
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB25099845

California Regional Multiple Listing Service (CRMLS)

APN: 5734-008-047

California Los Angeles County Pasadena 91101 Madison Heights

515 S Madison Ave Unit 7, Pasadena, CA

Not Listed for Sale

Condos

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