823 N Madison Ave Pasadena, CA 91104
Orange Heights NeighborhoodEstimated payment $8,650/month
Highlights
- Lawn
- Living Room
- Landscaped
- No HOA
- Tile Flooring
- Ceiling Fan
About This Home
A terrific opportunity to
acquire a 4 unit property in Pasadena on a huge
12,826sf lot!
The front building consists of (2) large 2 bedroom/1
bathroom units with spacious layouts; and the rear
building consists of (2) 1 bedroom/1bathroom units
with private yard and One Unit Delivered Vacant and
ready for immediate occupancy.
The entire property totals 3,292sf in size and sits on
an almost 13k sf sized lot with PSR6 zoning, a double
driveway, offering tons of potential to expand, create
additional parking, and maximize rents in the future.
Great Location in Pasadena North of the 210 fwy,
near Rose Bowl, Old Town, and tons of local shops &
trendy restaurants.
Listing Agent
Nohco Real Estate Brokerage Phone: 9493085775 License #01438155 Listed on: 08/03/2026
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1928
Lot Details
- 12,830 Sq Ft Lot
- 1 Common Wall
- East Facing Home
- Wire Fence
- Landscaped
- Sprinkler System
- Lawn
- Back Yard
- Density is 2-5 Units/Acre
Home Design
- Quadruplex
- Entry on the 1st floor
- Raised Foundation
- Shingle Roof
- Composition Roof
- Wood Siding
- Stucco
Interior Spaces
- 3,292 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Living Room
- Washer and Gas Dryer Hookup
Kitchen
- Gas Range
- Range Hood
Flooring
- Carpet
- Laminate
- Tile
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Full Bathrooms
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Parking
- 2 Open Parking Spaces
- 6 Parking Spaces
- 4 Carport Spaces
- Parking Available
- Driveway
- Paved Parking
Outdoor Features
- Exterior Lighting
Utilities
- Wall Furnace
- Water Heater
- Phone Available
- Cable TV Available
Listing and Financial Details
- Tax Lot 11
- Assessor Parcel Number 5731001014
- $1,380 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 4 Units
Amenities
- Laundry Facilities
Building Details
- 3 Leased Units
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Operating Expense $33,126
- Gross Income $100,092
- Net Operating Income $66,966
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $14,848 | $1,225,874 | $919,408 | $306,466 |
| 2025 | $14,848 | $1,201,838 | $901,381 | $300,457 |
| 2024 | $14,116 | $1,178,273 | $883,707 | $294,566 |
| 2023 | $13,996 | $1,155,171 | $866,380 | $288,791 |
| 2022 | $13,522 | $1,132,522 | $849,393 | $283,129 |
| 2021 | $12,973 | $1,110,317 | $832,739 | $277,578 |
| 2019 | $12,500 | $1,077,387 | $808,041 | $269,346 |
| 2018 | $12,655 | $1,056,263 | $792,198 | $264,065 |
| 2016 | $12,243 | $1,015,249 | $761,437 | $253,812 |
| 2015 | $12,108 | $1,000,000 | $750,000 | $250,000 |
| 2014 | -- | $723,000 | $450,000 | $273,000 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/19/2026 08/19/26 | Pending | -- | -- | -- |
| 08/03/2026 08/03/26 | For Sale | $1,350,000 | -- | $410 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | -- | Title 365 | |
| Grant Deed | -- | Accommodation | |
| Grant Deed | -- | Accommodation | |
| Trustee Deed | $655,000 | Accommodation | |
| Grant Deed | $720,000 | Chicago Title Co | |
| Grant Deed | $540,000 | First American Title Co | |
| Grant Deed | $194,000 | Fidelity National Title Ins | |
| Trustee Deed | $95,000 | Lawyers Title Company |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $900,000 | Adjustable Rate Mortgage/ARM | |
| Closed | $642,000 | Commercial | |
| Previous Owner | $670,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $749,250 | Unknown | |
| Previous Owner | $540,000 | Purchase Money Mortgage | |
| Previous Owner | $405,000 | Purchase Money Mortgage | |
| Previous Owner | $36,000 | Stand Alone Second |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC26164054
APN: 5731-001-014
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Ask me questions while you tour the home.