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Listed by: Han Chen (626) 224-2495 DRE #01749321 | Growth Investment Group Pasade (626) 594-4900
$1,499,000
Monthly Est:$7,461
5 Beds
4 Baths
2,150sqft
542 N Madison, Pasadena, CA 91101
$1,499,000
$7,461/moEst:
Get Pre-Approved
Triplex
Built in 1923
$-- HOA
13,208 sqft lot
$697/sq.ft
Description
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 other attractions in Pasadena. It is situated on a quiet residential street surrounded by single family houses. This property is being sold together with 5 adjacent buildings to its north and south that are own by same seller – can be purchased together or individually (514 N Madison, 526 N Madison, 536 N Madison, 562 N Madison, and 570 N Madison).
The property is extremely rare with highly desirable layout providing tenants with single family residential feel. The middle house (#542) is the largest one with 2bedroom+2bathroom, the front house (#548) is a 2bedroom+1bathroom, and the back house (#544) is 1bedroom+1bathroom. This offering is perfect for an owner user that can occupy any one of the 3 houses (currently tenant occupied – seller is selling it as-is with tenant in place).
The middle house is charming with original hardwood flooring, smooth ceiling, built-in cabinets, ceiling fans in bedroom and living room. The back house has been updated with modern flooring, new kitchen and stainless steel appliances, and new bathroom.
The property has 13,208 SF lot size providing plenty of open spaces and parking (est. 6 parking spaces or more). Because of this configuration, there is a clear and huge upside for new owners to add 2 or more ADUs (buyer to verify).
Parking is provided via 6 open space spread out on the lot. Each unit has individual water heaters and separately metered for electricity and gas. Each unit has its own laundry hookups.
The property is in the highly desirable area of Pasadena just several blocks north of Old Town Pasadena. It is situated on a quiet tree-lined street and within minutes from the Gold Line and numerous additional shopping and dining options on Colorado Boulevard and Lake Avenue. Near Pasadena’s historic City Hall, it sits just minutes from the California Institute of Technology, Pasadena Community College, and the 210 and 110 Freeways, offering ease of access to neighboring cities and entertainment destinations in the region.
- Houzeo last checked: 9 minutes ago
- Listing updated: April 22, 2026 at 1:24 pm
- Source: California Regional MLS-CA | MLS#: AR26086278
Part of
Property Details
Status
Active
Type
Multi Family
No. of Stories
1
County
City
Neighborhood
Year Built
1923
HOA Fees
-
Finished Area
2,150 sqft
Lot Size
13,208 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
AR26086278
MLS Status
Active
Days on Market
169
Cumulative Days on Market
1
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 5
Bathrooms: 4
Interior
Sewer
Public Sewer
Heating
Wall Furnace
Flooring
Carpet, Wood
Appliances
Gas Range
Cooling
Wall Window Units
Construction
Year Built
Year Built: 1923
Home type
Triplex
Foundation Details
Slab
Property Condition
Repairs Cosmetic
Architectural Style
Bungalow, Spanish
Construction Materials
Stucco, Vertical Siding, Wood Siding
Utilities & Energy
Water Source
Public
Utilities
Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
Laundry Features
Washer Hookup, Gas Dryer Hookup
Fireplace Features
None
Parking Features
Concrete, Driveway
Pool Features
None
Electric
Standard
Other Features
Tenant Pays
Electricity, Gas
Disclosures
Rent Control
Lot Features
Lawn, Level, Near Public Transit, Rectangular Lot, Street Level
Community Features
Suburban, Valley
Price History
| Date | Event | Price |
|---|---|---|
04/21/2026 Source: | Listed for Sale | $1,499,000 -11.82% $697/sqft |
11/07/2025 Source: | Off Market | $1,700,000 $791/sqft |
11/07/2025 Source: | Listed for Sale | $1,700,000 $791/sqft |
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Based on information from California Regional Multiple Listing Service, Inc. as of Oct 08, 2026, 08:45PM and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 California Regional Multiple Listing Service. All Rights Reserved.
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