$1,499,000
542 N Madison, Pasadena CA 91101
Multi-Family (Triplex)
Property type
45 days
On market
$697
Price per sqft
0 cars
Garage
1923
Year built
13,208 sqft
Lot size
Home highlights
Open Houses
Overview
3 Houses on a large Lot - several blocks north of Old Town Pasadena, Large ±13k SF Lot, highly desirable layout, Easy to Rent and Manage - Can add 3 ADUs. 542 N Madison Ave, a Three House on a lot in the City of Pasadena. Situated only several blocks north of Old Town Pasadena, 2 blocks west of Los Robles Ave, and just within walking distance of many dining, shopping, and...
Listing provided by: Handoko Chen DRE #01749321, Growth Investment Group Pasade
Listing updated: Apr 22, 2026 at 01:24pm.
Last checked: Jun 5, 2026 at 05:31pm
Source: CRMLS #AR26086278
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 2 | 2 | — | $2,658 | $2,658 | $3,200 | Unfurnished |
| 1 | 2 | 1 | — | $1,937 | $1,937 | $2,900 | Unfurnished |
| 1 | 1 | 1 | — | $1,822 | $1,822 | $2,500 | Unfurnished |
# of Buildings: 3
# of Units Total: 3
Separate Electric Meters: 3
Separate Gas Meters: 3
Separate Water Meters: 1
Carpet: 3
Ranges: 3
Rent Control: Yes
Units Leased: 3
Total Actual Rent: $6,317
Tenant Pays: Electricity, Gas
Financial Snapshot
Gross Rent Multiplier
19.5x
List Price / Annual Gross Rent
Cap Rate
3.04%
NOI / List Price
Gross Scheduled Income: $77,005
Vacancy Allowance Rate: 2%
Operating Expense: $29,608
Net Operating Income: $45,587
Annual Operating Expenses
Gardener: $2,700
Insurance: $3,153
Licenses: $714
Maintenance: $747
New Taxes: $16,798
Professional Management: $0
Trash: $2,400
Water / Sewer: $1,760
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, Spanish
Property Attached: No
Stories Total: 1
Levels: One
Foundation: Slab
Construction Materials: Stucco, Vertical Siding, Wood Siding
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
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: Concrete, Driveway
Garage Spaces: 0
Uncovered Spaces: 6
Carport Spaces: 0
Parking Total: 6
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 542 N Madison, Pasadena, CA 91101. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$1,199,200
Total Interest
$1,529,514
Total Payment
$2,728,714
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$9,291
per month
Property History for 542 N Madison
Pasadena Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 91101.
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