Active
623 N Madison Avenue
Pasadena CA, 91101
$4,000,000
$716.33 per sqft
Active
5,584 sqft
Multi-family
Built in 1923
Listed by Wei Wang with RE/MAX CHAMPIONS 909-949-0605
Rear opportunity. We are pleased to present the Cypress Court, an eight (8) unit bungalow court style housing complex located at 623 & 641 N. Madison Avenue in Pasadena, CA. Built in 1923 and 1928, respectively, the court consists of a total of eight (8) homes consisting of two (2) 1 bed/1 bath home and six (6) 2 bed/1 bath homes. Each of the bungalows is uniquely designed in the Colonial Revival style, featuring gable roofs and gabled porches supported by columns. Units are situated spaciously apart from one another providing ample outdoor space for each bungalow. Each bungalow features wood floors, fireplaces, individual water heaters and washer/dryer hookups. The homes total 5,584 of building square footage and sit over three (3) parcels of land totaling a sprawling 0.55 acres, which is PSR1 zoned. Built by contractor Arthur G. Gehrig, Cypress Court was added to the National Register of Historic Places on July 11, 1983. Cypress Court is a value-add opportunity in which new ownership has an opportunity to increase rents by virtue of implementing a renovation program to the unit interiors and exteriors. Three units been remodeled through out in year 2020-2023.
CV23167803
MLSⓇ ID
September 7, 2023
Listed
September 22, 2023
Updated
Map
623 N Madison Avenue
Pasadena CA, 91101
Interior Features
Total Stories
1
Laundry Description
Inside
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.55 acres
Lot Features
6-10 Units/Acre, Garden
Sewer
Public Sewer
Other Property Details
Days on Market
15
Association Amenities
Street Lights, Sidewalks
Garage
Yes
Garage Spaces
5
Parking
Yes
Parking Total
5
View
No
County
Los Angeles
Water Source
Public
Pool
No
Pool Features
None
Listing History
Date | Event | Price |
---|---|---|
9/22/2023 | Price Change | $4,000,000 5% |
9/18/2023 | Price Change | $3,799,900 -5% |
Listing Contact: 909-949-0605
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Data last updated on 9/22/2023 at 8:37 PM UTC