$1,550,000
526 N Madison, Pasadena CA 91101
Multi-Family (Fourplex)
Property type
58 days
On market
$466
Price per sqft
3 cars
Garage
1940
Year built
13,185 sqft
Lot size
Home highlights
Open Houses
Overview
1 unit may be delivered vacant (back house - 2bed unit) - 4 Single-story Bungalows several blocks north of Old Town Pasadena, Large ±13k SF Lot, highly desirable layout, Easy to Rent and Manage, Clear ADUs Upside (4 ADUs), 2 units upgraded. 526-532 N Madison Ave, a bungalow style 4-units Single story apartment in the City of Pasadena. Situated only several blocks north of...
Listing provided by: Handoko Chen DRE #01749321, Growth Investment Group Pasade
Listing updated: Apr 25, 2026 at 12:09am.
Last checked: Jun 5, 2026 at 05:01pm
Source: CRMLS #AR26075990
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 2 | 1 | — | $3,000 | $3,000 | $3,000 | Unfurnished |
| 3 | 1 | 1 | — | $2,020 | $6,059 | $7,800 | Unfurnished |
# of Buildings: 5
# of Units Total: 4
Separate Electric Meters: 4
Separate Gas Meters: 4
Separate Water Meters: 1
Carpet: 4
Ranges: 4
Rent Control: Yes
Units Leased: 4
Total Actual Rent: $9,059
Tenant Pays: Electricity, Gas
Financial Snapshot
Gross Rent Multiplier
16.2x
List Price / Annual Gross Rent
Cap Rate
3.96%
NOI / List Price
Gross Scheduled Income: $95,581
Vacancy Allowance Rate: 0%
Operating Expense: $34,192
Net Operating Income: $61,389
Annual Operating Expenses
Electric: $100
Gardener: $2,700
Insurance: $4,167
Licenses: $952
Maintenance: $2,797
New Taxes: $17,370
Professional Management: $0
Trash: $2,508
Water / Sewer: $2,245
Interior
Flooring: Carpet, Wood
Cooling: Wall Window Units
Heating: Wall Furnace
Appliances: Gas Range
Fireplace: None
Laundry: Washer Hookup, Gas Dryer Hookup
Entry Location: 1
Exterior
Architectural Style: Bungalow
Property Attached: No
Stories Total: 1
Levels: Two
Foundation: Raised
Construction Materials: Stucco
Property Condition: Repairs Cosmetic
Common Walls: No Common Walls
Direction Faces: West
Lot Features: Lawn, Level, Near Public Transit, Rectangular Lot, Street Level
Pool: None
Spa: None
Fencing: None
Water Source: Public
Sewer: Public Sewer
Electric: Standard
Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
View: None
Road Frontage Type: City Street
Road Surface Type: Paved
Garage and Parking
Parking: Assigned, Concrete, Detached Carport, Driveway
Garage Spaces: 3
Uncovered Spaces: 1
Carport Spaces: 0
Parking Total: 4
Lot Information
Land Lease: No
Common Interest: CommunityApartment
Parcel #: 5731006010
Additional Parcels: No
Tax Lot: 5
Community
HOA: No
HOA Fee: $0
Senior Community: No
Community Features: Suburban, Valley
Nearby Schools
Nearby schools around the 526 N Madison, Pasadena, CA 91101. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$1,240,000
Total Interest
$1,581,552
Total Payment
$2,821,552
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$9,602
per month
Property History for 526 N Madison
Pasadena Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 91101.
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