

542 N Madison
Multifamily | 3 Units | $499,667/unit
Marketing description
Investment highlights
INVESTMENT HIGHLIGHTS
· Prime 3 houses on a lot near Old Town Pasadena and Rose Bowl
· Perfect for an owner user or a first-time home/apartment investor
· Can add 3 ADUs
· SUPERB demographics with ±$111,562 average household income within a 1-mile radius
· Walk Score 78, Bike Score 91
· Excellent access to 210, 134, and 110 freeways; superb access to downtown Los Angeles via FWY 110
PROPERTY HIGHLIGHTS
· Highly desirable 3 single-story houses on a large lot size (±13k SF)
· Excellent mix with 2bed and 1bed units; Super easy to rent and manage
· Charming property with lush landscaping, single family houses feel to it
· Charming units with original hardwood floor, plenty of built-in cabinets, and laundry hookups
· Plenty of open space parking; no soft story retrofit is required
· Separately metered for electricity and gas
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