514 N Madison Ave | Los Angeles | State of California | Prices, Plans, Availability

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514 N Madison Ave

USD 11,999,999

Property ID: DW25006052

514 N Madison Ave ,91101

77460 SqFt

Built in 1921

USD 155/SqFt

0 Bed

0 Full

Location Street View

Direction

Interior Details

Bedrooms

Bathrooms

Interior Size

19506

Construction Details

Property Type --

Property Condition --

Architectural Style --

New Construction --

Year Built 1921

Detailed Introduction Of This Home

Legacy property in a premier Pasadena location. Located at 514-570 N Madison, this offering includes six contiguous parcels totaling 77,460 square feet of land. Currently, the property features 25 existing units, primarily bungalows, across a combined building footprint of 19,506 square feet. The low building-to-land ratio creates a significant opportunity for a visionary investor or developer to unlock the full potential of the site through extensive ADU development. There is potential to add 25 new ADUs across the property. This development could nearly triple gross income, offering multiple exit strategies or establishing a valuable legacy asset for long-term investment. CAN BE SOLD TOGETHER OR SEPARATE.

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