200 S  Madison Ave, Pasadena, CA 91101
Property image
Property image
SOLD
SEP 11, 2026

$4,320,500

Trulia Estimate
  • 10 Beds
  • 16 Baths
  • 11,212 sqft (on 0.29 acres)

200 S Madison Ave, Pasadena, CA 91101

South
Est. Refi. Payment $27,018/mo*
Refinance Your Home
Currently Off Market - Sold Sep 11, 2026 for $4,530,000 (1% above list price)

Home Value

Trulia Estimate
$4.32M
Since last month
Decreased$5K (-0.1%)
Since last year
Decreased$5K (-0.1%)
Since last sale
Decreased$199K (-4.4%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value decreased by 0% in the last 10 years
MonthEstimated value
2026
August 2026$4.33M
August 2026$4.32M
July 2026$4.34M

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.15
Multi-Family Home
$2,995,000
12/26/25
9
7
6,403
0.35
Multi-Family Home
$2,965,000
10/01/25
12
10
8,162
0.71
Multi-Family Home
$4,488,888
07/24/26
10
18
10,672
0.51
Multi-Family Home
$2,735,000
01/09/26
13
12
8,945
0.82
Multi-Family Home
$4,200,000
01/23/26
12
15
8,568
0.32
Multi-Family Home
$1,970,000
11/14/25
6
7
4,004
0.85
Multi-Family Home
$2,850,000
05/08/26
16
12
9,272
0.04
Multi-Family Home
$10,250,000
06/30/26
41
42
34,815

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.04
$751,300
2
2
1,055
Off Market
0.04
$10,250,000
41
42
34,815
Recently Sold
0.04
$4,722,400
8
16
9,750
Off Market
0.06
$774,000
2
2
1,037
Off Market
0.06
$770,000
2
2.5
1,179
Recently Sold
0.08
$586,700
1
2
912
Off Market
0.08
$519,000
1
2
970
For Sale
0.08
$868,100
2
2
1,316
Off Market
0.10
$655,000
2
2
1,347
Recently Sold
0.10
$770,100
2
2
1,347
Off Market
0.10
$788,000
2
2
1,280
Off Market

Local Information

  • Map ViewExplore the area around 200 S Madison Ave.
  • Schools1 Elementary School2 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Multi-Family
Built in 1954
0.29 acre lot
11,212 sqft
$404/sqft
Carport

About this House

We are pleased to present 200 South Madison Avenue, a rare opportunity to acquire a pride-of-ownership 16-unit multifamily asset in the highly coveted Madison Heights neighborhood of Pasadena. The property combines an irreplaceable location, strong in-place cash flow, and meaningful rental upside, making it an exceptional long-term investment opportunity. The property consists of sixteen well-designed units, including one two-bedroom/one-bathroom unit, eight one-bedroom/one-bathroom units, and seven studio units, providing a diverse unit mix that appeals to a broad tenant base. Current ownership has completed numerous capital improvements, including the mandatory soft-story seismic retrofit, copper plumbing upgrades, newer roofing, fresh exterior paint, and interior unit renovations. The property is separately metered for gas and electricity and offers fifteen on-site parking spaces. Situated on a prominent 12,774-square-foot corner lot, 200 South Madison Avenue enjoys one of the most desirable residential locations in Pasadena. Residents benefit from immediate access to South Lake Avenue's premier dining and shopping destinations, Erewhon Market, the Pasadena Playhouse District, and Old Town Pasadena. The property's tree-lined setting, walkable neighborhood amenities, and proximity to major employment centers continue to drive strong tenant demand. Additional amenities include professionally landscaped grounds and a well-maintained on-site laundry facility, providing residents with added convenience while generating supplemental income for ownership. Currently operating at approximately a 12.75 GRM, the property offers investors the opportunity to capture significant future rent growth through the repositioning of below-market leases while benefiting from Pasadena's historically strong rental market fundamentals. Opportunities to acquire quality assets on Madison Avenue are exceedingly rare, particularly in a neighborhood where properties are often held for generations. 200 South Madison Avenue represents a unique opportunity to acquire a turnkey multifamily investment in one of Southern California's most prestigious and supply-constrained submarkets.
200 S Madison Ave, Pasadena, CA 91101 is a 10 bedroom, 16 bathroom, 11,212 sqft multi-family in South, built in 1954. It last sold for $4,530,000 on Sep 11, 2026 (1% above the $4,480,000 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $4,320,500, with a rent estimate of $2,547/month.
Last check for updates: about 11 hours ago
Listed by Benjamin J. Hsiang DRE # 01438644, (424) 377-6001
Realty Investment Advisors, Inc.
Alexander Metaxas DRE # 01784652, (626) 487-4300
Realty Investment Advisors, Inc.
Bought with: Kevin Lutz DRE # 00925595, (626) 204-3475, Keller Williams Realty/Pasadena, (626) 204-3300
Co-Buyer's Agent: Kevin Hurley DRE # 01438644, (626) 204-3456, Keller Williams Realty/Pasadena, (626) 204-3300
Source: CLAW, MLS#26857859

Home Details for 200 S Madison Ave

Interior Features

Beds & Baths
Number of Bedrooms: 10Number of Bathrooms: 16
Dimensions and Layout
Living Area: 11212 Square Feet
Heating & Cooling
Heating: WallHas CoolingAir Conditioning: Wall/Window Unit(s)Has HeatingHeating Fuel: Wall
Levels, Entrance, & Accessibility
Stories: 2Levels: Multi/Split

Exterior Features

Exterior Home Features
Other Structures: None
Parking & Garage
Has a CarportNo GarageNo Attached GarageParking Spaces: 15Parking: Carport,Assigned

Property Information

Year Built
Year Built: 1954
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family
Property Information
Parcel Number: 5734015024

Price & Status

Price
List Price: $4,480,000Price Per Sqft: $404/sqft
Status Change & Dates
Off Market Date: Wed Jul 29 2026

Active Status

MLS Status: Sold

Location

Direction & Address
City: Pasadena

Building

Building Area
Building Area: 11212 Square Feet

Lot Information

Lot Area: 0.29 acres

Listing Info

Special Conditions: Standard

Business

Expense
Tenant Pays: Gas, Electricity

Rental Terms, Policies & Fees

Owner Pays: Water, Grounds Care

Miscellaneous

Mls Number: 26857859

Price and Tax history

DateEventPrice
Sep 11, 2026
Source: CLAW #26857859
Sold
$4,530,000
Jul 29, 2026
Source: CLAW #26857859
Pending
$4,480,000
Jul 9, 2026
Source: CLAW #26857859
Listed For Sale
$4,480,000

Market trends in South

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$831K
$21.83K
MoM
Sale-to-List Price
Price per sq ft
$698
$0
MoM
Available listings
102
4
MoM

Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about South

At least 205 Trulia users voted on each feature.
  • 91 % Say it's dog friendly

  • 90 % Say there are sidewalks

  • 88 % Say it's walkable to restaurants

  • 82 % Say it's walkable to grocery stores

  • 74 % Say people would walk alone at night

  • 72 % Say streets are well-lit

  • 69 % Say car is needed

  • 59 % Say they plan to stay for at least 5 years

  • 58 % Say parking is easy

  • 57 % Say there's holiday spirit

  • 57 % Say it's quiet

  • 46 % Say neighbors are friendly

  • 46 % Say yards are well-kept

  • 40 % Say kids play outside

  • 38 % Say there's wildlife

  • 23 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Trulia User
    "Very walkable area! Dog friendly places in the neighborhood. Safe neighborhood. But there are coyotes. "
  • Vivi Wei Tian
    "The owner let the dog pee or Poop at the lawn area even there are signs that not allow to pee or poop"
  • Anthony Francis
    "A long rich history, and the beautiful architectural homes Excellent school district and shops in different places to eat in down South. Pasadena is a beautiful City to live in"
  • Tawny Y.
    "Even though people are good about picking up their dogs’ poo, not everyone is a responsible dog owner. I rarely ever see any leash-less dogs. However, some people claim their dogs are service dogs when they’re out of control. Most places here do not like big dogs in the complexes. "
  • Trulia User
    "PASADENA is so friendly and quaint, we love it! It is a very family-first city. There’s no other place we’d wanna be!"
  • Trulia User
    "Dogs are not allowed in my apartment building. Maybe a near by apartment allows pets but I rarely see people walking dogs in this area"
  • Trulia User
    "All is well… live, love and laughter… thrift stores prove that giving back is everything. I would invite folks from all over California here. "
  • Trulia User
    "Friendly/ approachable neighborhoods and neighbors…. Pet friendly Community/ equal opportunity, love and respect 🫡 "
  • Trulia User
    "We moved back up here from Newport Beach just before the pandemic. Aside from the lack of ocean, it’s hard to beat this area. There’s something for everyone, whether you love the outdoors or the Old Town vibe. Even though I sell more real estate in other areas, I love living in this one."
  • Trulia User
    "Lots of people and their dogs. Walking score high. But. Very busy for sure. Friendly neighbors Lots of restaurants and coffee tea shops "
  • Trulia User
    "This is a very walkable community. It is close to Old Town Pasdena and lots of restaurants and shops. It is also close to the Metro train that can take all over Las Angeles. There is also local bus service."
  • Trulia User
    "Neighborhoods are safe and friendly. Neighbors and their dogs become friends. People hold themselves accountable to their community "
  • Trulia User
    "Madison Heights Community happy hours, Easter egg hunt, and other holiday celebrations are a great feature of this neighborhood that are put on yearly by the association. neighborhood watch is also active and vigilant."
  • Rolando G.
    "Quiet, safe, beautiful, clean convenient, friendly, comfortable, fun, diverse, full of smartens kind people al around. "
  • J
    "I’ve lived here for 11 years. Love the walkability, it’s nearby restaurants, parks, and shopping. Very safe. "
  • Naima G.
    "This is an absolute amazing neighborhood! It is not the type where your neighbors stay inside all day and never come out, or the type who are always nosy. It is perfect! At night there is no parties going on until like 3:00 or anything! It is quiet and nice, in the morning the birds are tweeting and you see people walking their dogs, biking, or just jogging! I totally recommend this neighborhood!"
  • Michelle K.
    "You see people out walking dogs all the time. Friendly neighbors, tree-lined streets, quiet traffic. "
  • Joanna G.
    "It’s well-maintained and near shops. It has friendly neighbors and it’s just a great place to live. Quiet at night but active during the day. Runners and dog walkers on the street. Bustling and historic and tree lined. "
  • Dg
    "The neighborhood is very conscientious and everyone does their part to take care of the area and to keep it safe."
  • Faith L.
    "There was a block party that I saw we had for the first time on El Molino. What a quaint and family friendly event "
  • Mr. H
    "The Rose Parade of course is always fun and Christmas is beautiful with the decorations on Lake Ave. "
  • Jeff M.
    "We lived here for three years. Loved the neighborhood, the neighbors and the walkability of Pasadena."
  • Daphne
    "Pasadena has all kinds of wonderful events. Cultural events and etc. A rare neighborhood in LA that I can walk around without car. "
  • Andrew M.
    "Great location with access to groceries, restaurants and shops. Very safe and clean. Safe distance from busy and freeways."
  • Rev2002
    "Very dog friendly. A few buildings in the area are also dog friendly. There is not a close by dog park however."
  • Shauna U.
    "There are great parks and very walkable neighborhood attractions. I don’t often see small children, but there are a lot of apartment buildings in the area"
  • Hurong
    "The community has the perfect location. I can walk to Trader Joe’s, shopping mall and restaurants in 2 mins. Also, jogging in the cal tech. I’d like living here. "
  • Yrkliu
    "It’s quite, residential, but near nice commercial establishments. It’s a well manicured area with lots of grass and flowers. "

LGBTQ Local Legal Protections

© 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW as of 2026-09-12 01:23:59 PDT. 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. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Some IDX listings have been excluded from this website.

Frequently asked questions about 200 S Madison Ave

  • What is 200 S Madison Ave estimated to be worth?
    Trulia's estimated value for 200 S Madison Ave in Pasadena, CA is $4,320,500.
  • What is the price history for 200 S Madison Ave?
    200 S Madison Ave in Pasadena, CA last sold for $4,530,000 in September 2026.
  • Is Pasadena a buyer's or seller's market?
    Pasadena is currently a seller's market, based on recent for-sale activity.
  • What's the median sale price in Pasadena?
    The median sale price in Pasadena is $831K. That is down $21.83K from the prior month.
  • Does 200 S Madison Ave have air conditioning?
    Yes, 200 S Madison Ave in Pasadena, CA has air conditioning.
  • Does 200 S Madison Ave have parking?
    Yes, 200 S Madison Ave in Pasadena, CA has on-site parking.

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