Updated Courtyard Apartment
For Sale
Contact for pricing
239 S Madison Ave, Pasadena, CA 91101
Two-story community with remodeled residences, structured parking, shared laundry, and access to Pasadena’s Playhouse District and Old Town.
Property Size17,570 SF
Lot Size0.46 Acres
Days on Market141
Property Features for 239 S Madison Ave
General Information
Standard status
Active
Size
17,570 SF
Total Parking Spaces
21
Lot size
0.46 Acres
Property subtype
Multifamily
Zoning
R4/RM-48
Site & Location
Highway Access
Yes
Road Access
Yes
Utilities to Site
Yes
Units
Unit Mix
18 x 1BR/1BA, 3 x studio
Multifamily Units
21
Parking per Unit
1
Amenities
courtyard
laundry room
entry intercom
mailboxes
Building Details
Year Built
1951
Buildings
1
Stories
2
Construction
garden-style
Listing Agency:
Growth Investment Group
(626) 224-2495
Listed By:
Handoko Chen · License #01749321
Source:
Crexi
Added: Apr 12
Changed: Aug 30
Last Checked: Aug 30 at 1:15AM
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 Growth Investment Group
Investment Insights
Based on property information with market context.
This two-story apartment property, built in 1951, is arranged around a center courtyard and contains 21 units: eighteen one-bedroom, one-bath residences and three studios. The building offers approximately 17,570 SF on an approximately 19,986-square-foot lot zoned R4/RM-48. Fourteen units have received extensive interior upgrades, including new plumbing, quartz-counter kitchen packages, stainless steel appliances, updated bathrooms, recessed lighting, wide-plank flooring, stacked laundry equipment, and mini-split air conditioning. Each unit has an individual water heater and separate electric and gas metering. Property improvements also include a 2022 roof, parking soft-story retrofit, asphalt driveway, exterior paint, landscaping, irrigation, upgraded entry access, mailboxes, and handrails.
Parking includes tuck-under spaces and a detached carport, with 21 total spaces. The property also includes a shared laundry room and owner storage. Located at 239 S Madison Ave, the community is one block from Pasadena’s Playhouse District and within walking distance of the Pasadena Convention Center, Lake Avenue shopping, The Paseo on Colorado, Old Town Pasadena, museums, theaters, groceries, cafés, and shops. FWY 210, FWY 134, and FWY 110 provide regional access.
Parking includes tuck-under spaces and a detached carport, with 21 total spaces. The property also includes a shared laundry room and owner storage. Located at 239 S Madison Ave, the community is one block from Pasadena’s Playhouse District and within walking distance of the Pasadena Convention Center, Lake Avenue shopping, The Paseo on Colorado, Old Town Pasadena, museums, theaters, groceries, cafés, and shops. FWY 210, FWY 134, and FWY 110 provide regional access.
Key Highlights
- 21‑unit apartment building with eighteen 1‑bedroom/1‑bath units and three studios
- Approximately 17,570 SF on an approximately 19,986‑square‑foot R4/RM‑48 lot
- Fourteen units upgraded with new plumbing, kitchens, bathrooms, flooring, lighting, laundry, and mini‑split A/C
Property Analytics
Property Profile
Current Use
Lease Details
21
Residential units
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
10,588
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Apartment building - Two-story community with remodeled residences, structured parking, shared laundry, and access to Pasadena’s Playhouse District and Old Town.
Where is this apartment building located?
The property is located at 239 S Madison Ave Pasadena, CA.
What are key features of this property?
This property features: 21‑unit apartment building with eighteen 1‑bedroom/1‑bath units and three studios; Approximately 17,570 SF on an approximately 19,986‑square‑foot R4/RM‑48 lot; Fourteen units upgraded with new plumbing, kitchens, bathrooms, flooring, lighting, laundry, and mini‑split A/C
