S Madison Ave, Pasadena, Home For Sale

house for sale

Listed: 07/15/24

239 S Madison Ave, Pasadena, California, 91101

18 Bed:

21 Bath:

17,570 Sq Ft Living Area:

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Price

$ 9,3M

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About This House

239 S Madison Ave, a beautifully upgraded multifamily investment opportunities located in one of the best locations in Pasadena. Strategically located only a block south of Pasadena Playhouse District, several blocks South of Old town pasadena, and within walking distance to Pasadena Convention Center and Lake Ave shopping district including recently opened Erewhon market on Lake Ave, this community offers superb location and amenities to tenants. Walk Score 89, Bike Score 82. The property is a two-story garden style apartment that has been extensively remodeled. The current owner did not take any shortcut in completing major capital improvements such as brand-new roof (2022), parking soft story retrofit, new asphalt driveway, fully upgraded 14 units with high-end upgrades and brand-new plumbing, … Full description

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Houses for sale in Pasadena

Original listing

Pasadena Housing & Living

Average sale prices for houses

2 bed

3 bed

4+ bed

Show as List Show as Graph

Month	Median Price
Aug 2024	$1,269,471 (+12.8%)
Jul 2024	$1,125,683 (+3.1%)
Jun 2024	$1,092,272 (+10.7%)
May 2024	$986,586 (+3.3%)
Apr 2024	$955,050 (0%)
Mar 2024	$955,050 (0%)

In August 2024, the asking price for 2 bed houses for sale in/near Pasadena, United States averaged $1,269,471, an increase of 12.8% from the previous month.

Median price trends for properties for sale in Pasadena, United States as of August 2024.

Household Income

Median household income: $76,264

Number of households: 54,734

The average household income in Pasadena, CA grew from $73,029 to $76,264 in the past year. This data is an estimate based upon 54,734 households in Pasadena, CA.
The chart below presents how household income is distributed in Pasadena, CA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Pasadena, CA compared to median property taxes around the country. The prevalent amount of property taxes in Pasadena, CA equals $3k+ , which is more than the national average.