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22-Unit Apartment Building
For Sale
Contact for pricing
Pending

175 S Madison Ave, Pasadena, CA 91101

Two-story multifamily property with a courtyard layout, pool, gated entry, subterranean parking, and on-site laundry.

Property Size18,162 SF
Lot Size0.39 Acres
Days on Market148

Property Features for 175 S Madison Ave

General Information

Standard status Pending
Size 18,162 SF
Lot size 0.39 Acres
Property subtype Multifamily

Site & Location

Highway Access Yes
Road Access Yes

Additional Details

Gross Income $507,300
Multifamily Units 22

Amenities

courtyard style layout
swimming pool
on-site laundry facility
secure gated entry
lush mature landscaping

Building Details

Year Built 1960
Stories 2
Listing Agency: CBRE - Ontario
Listed By: Eric Chen · License #CA 01489184
Source: Crexi
Added: Apr 12 Changed: Sep 2 Last Checked: Sep 4 at 12:16PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE - Ontario

Investment Insights

Based on property information with market context.

This two-story apartment property contains 22 units in a mix of one-bedroom/one-bathroom, two-bedroom/one-bathroom, and two-bedroom/two-bathroom floor plans. Built in 1960, the building measures approximately 18,162 square feet on a ±16,801-square-foot parcel, with units averaging 826 square feet. Common-area features include subterranean parking, secure gated access, a courtyard-style layout, swimming pool, on-site laundry, and mature landscaping.

Individual apartments include gas oven/stove combinations, garbage disposals, wall air conditioning and heating, and separate electric and gas meters. Select units have stainless steel appliances and granite countertops. The property is positioned at the northwest corner of S Madison Avenue and Cordova Street in Pasadena’s Playhouse District, three blocks south of E Colorado Boulevard and four blocks west of Lake Street. It is within walking distance of Old Pasadena and Paseo Colorado, with access to the 210, 134, 110, 2, and 5 freeways.

Key Highlights

  • 22‑unit apartment property built in 1960
  • ±18,162 square feet on ±16,801 square feet of land
  • Unit mix includes one‑bedroom and two‑bedroom floor plans with one or two bathrooms

Property Analytics

Current Use

Hilbert Apartments Apartment Building Home Shoot Home Construction Company Protect America Security Service Carewest Resources Inc Home Health Care Service

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Mobile Phone Store Food Market Clothing & Fashion Store Locksmith Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

22
Residential units
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

10,588
Businesses Nearby

Demographics for 91101, CA

20,583
Population
12,400
Households
1.7
Avg Household Size
38
Median Age
63%
College-Educated
93%
High-School Grad
1.3 sq mi
ZIP Area
15,833
Density / Sq Mi
$94,180
Median Household Income
$62,458
Median Earnings
$2,282
Median Rent
$687,300
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Two-story multifamily property with a courtyard layout, pool, gated entry, subterranean parking, and on-site laundry.
Where is this apartment building located?
The property is located at 175 S Madison Ave Pasadena, CA.
What are key features of this property?
This property features: 22‑unit apartment property built in 1960; ±18,162 square feet on ±16,801 square feet of land; Unit mix includes one‑bedroom and two‑bedroom floor plans with one or two bathrooms
(626) 757-5717 Call to check price and availability
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