215 S Madison Ave, Pasadena, CA 91101
SOLD
JUN 30, 2026
Listed by Ryan Loria, Triqor Group . Bought with Triqor Group

$10,250,200

Trulia Estimate
  • 41 Beds
  • 42 Baths
  • 34,815 sqft (on 0.44 acres)

215 S Madison Ave, Pasadena, CA 91101

South
Est. Refi. Payment $62,092/mo*
Refinance Your Home
Currently Off Market - Sold Jun 30, 2026 for $10,250,000 (11% below list price)

Home Value

Trulia Estimate
$10.3M
Since last month
$5K (0%)
Since last year
$5K (0%)
Since last sale
Decreased$15K (-0.1%)
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$10.23M
August 2026$10.23M
July 2026$10.24M

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
195 S Wilson Ave, Pasadena, CA
0.58
Multi-Family Home
$11,000,000
09/01/26
52
52
36,983
275 S Marengo Ave, Pasadena, CA
0.46
Multi-Family Home
$8,750,000
10/03/25
46
39
29,930
144 N Michigan Ave, Pasadena, CA
0.89
Multi-Family Home
$4,300,000
06/10/26
33
19
19,994
820 N Raymond Ave, Pasadena, CA
1.37
Multi-Family Home
$12,900,000
01/22/26
50
50
36,228
482 S El Molino Ave, Pasadena, CA
0.34
Multi-Family Home
$2,965,000
10/01/25
12
10
8,162
697 Mira Monte Pl, Pasadena, CA
0.19
Multi-Family Home
$2,995,000
12/26/25
9
7
6,403
130 S Michigan Ave, Pasadena, CA
0.75
Multi-Family Home
$4,488,888
07/24/26
10
18
10,672
210 S Catalina Ave, Pasadena, CA
0.55
Multi-Family Home
$2,735,000
01/09/26
13
12
8,945

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
227 S Madison Ave #104, Pasadena, CA 91101
0.02
$774,000
2
2
1,037
Off Market
227 S Madison Ave #304, Pasadena, CA 91101
0.02
$770,000
2
2.5
1,179
Recently Sold
230 S Madison Ave #307, Pasadena, CA 91101
0.04
$751,300
2
2
1,055
Off Market
209 S Oakland Ave #G, Pasadena, CA 91101
0.09
$1,282,800
3
2.5
1,613
Off Market
209 S Oakland Ave #F, Pasadena, CA 91101
0.09
$1,134,700
3
2.5
1,604
Off Market
209 S Oakland Ave #D, Pasadena, CA 91101
0.09
$1,265,000
3
2.5
1,604
Recently Sold
207 S Oakland Ave #A, Pasadena, CA 91101
0.09
$1,280,000
3
2.5
1,641
Recently Sold
288 S Oakland Ave #103, Pasadena, CA 91101
0.08
$639,999
1
1
760
For Sale
288 S Oakland Ave #114, Pasadena, CA 91101
0.08
$729,300
1
1.5
890
Off Market
288 S Oakland Ave #213, Pasadena, CA 91101
0.08
$1,339,600
3
3.5
1,942
Off Market
288 S Oakland Ave #109, Pasadena, CA 91101
0.08
$686,400
1
1
790
Off Market

Local Information

  • Map ViewExplore the area around 215 S Madison Ave.
  • Schools1 Elementary School2 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Multi-Family
Built in 1972
0.44 acre lot
34,815 sqft
$294/sqft
25 Carport Spaces

About this House

Madison Luxury Apartments presents a rare opportunity to acquire a meticulously maintained 34-unit apartment community in the heart of Pasadena, ideally positioned between the highly desirable Madison Heights and Playhouse Village neighborhoods. Offered for sale for the first time since its original construction, this trophy asset features an attractive mix of spacious one-bedroom/one-bathroom and two-bedroom/two-bathroom residences with private balconies or patios, semi-subterranean parking, and a rooftop recreation area showcasing panoramic views of Old Pasadena and the San Gabriel Mountains.

The property has benefited from significant capital improvements, including a new roof (2020), all-new copper plumbing (2018), a complete low-voltage electrical rewire, remodeled elevator, security camera system, and the installation of 17 electric vehicle charging stations. Residents also enjoy access to a shared laundry facility and a location that offers an exceptional blend of convenience, lifestyle, and connectivity.

Situated just minutes from Old Pasadena and the Shops on Lake Avenue, Madison Apartments places residents within walking distance of some of Pasadena’s premier dining, shopping, entertainment, and cultural destinations. The surrounding neighborhood is characterized by tree-lined streets, historic architecture, top-rated schools, nearby parks, and convenient access to major employment centers and public transportation, supporting strong demand from a diverse and stable tenant base.

From an investment perspective, Madison Luxury Apartments offers both immediate income and long-term upside. The property currently generates strong in-place cash flow at a 5.6% cap rate, 7.4% with market rents, representing approximately 25% upside in rental income. Combining a premier Pasadena location, extensive recent upgrades, proven tenant appeal, and meaningful potential, the property represents an exceptional multifamily investment opportunity in one of Southern California’s most sought-after rental markets.
215 S Madison Ave, Pasadena, CA 91101 is a 41 bedroom, 42 bathroom, 34,815 sqft multi-family in South, built in 1972. It last sold for $10,250,000 on Jun 30, 2026 (11% below the $11,500,000 asking price). More recently, it was listed as a rental in November 2024 with an asking price of $2,345 per month. That rental listing was removed on November 20, 2024. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $10,250,200, with a rent estimate of $3,511/month.

Home Details for 215 S Madison Ave

Interior Features

Beds & Baths
Number of Bedrooms: 41Number of Bathrooms: 42
Appliances & Utilities
Laundry: Common Area
Windows, Doors, Floors & Walls
Common Walls: 2+ Common Walls
Levels, Entrance, & Accessibility
Number of Stories: 3Entry Location: 1

Exterior Features

Exterior Home Features
No Private Pool
Parking & Garage
Number of Carport Spaces: 25Number of Covered Spaces: 25Open Parking Spaces: 25Has a CarportNo GarageParking Spaces: 50Parking: Carport
Pool
Pool: None
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer
Surface & Elevation
Elevation Units: Feet

Days on Market

Cumulative Days on Market: 18

Property Information

Year Built
Year Built: 1972
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family
Building
Not a New ConstructionAttached To Another StructureNo Additional Parcels
Property Information
Parcel Number: 5734010001

Price & Status

Price
List Price: $11,500,000Price Per Sqft: $294/sqft
Status Change & Dates
Off Market Date: Tue Jun 30 2026

Active Status

MLS Status: Closed

Location

Direction & Address
City: Pasadena

Building

Building Area
Building Area: 34815 Square Feet

Community

Community Features: SidewalksNot Senior Community

HOA

Association for this Listing: California Regional MLS

Lot Information

Lot Area: 0.44 acres

Listing Info

Special Conditions: Standard

Offer

Contingencies: None.Listing Terms: Conventional

Rental Terms, Policies & Fees

Has Rent Control

Miscellaneous

Mls Number: PW26122848Living Area Range Units: Square FeetCommon Interest: Community ApartmentUniversal Property Id: US-06037-N-5734010001-R-N

Additional Information

SidewalksSource Internet Entire Listing Display

Price and Tax history

DateEventPrice
Jun 30, 2026
Source: CRMLS #PW26122848
Sold
$10,250,000
Jun 23, 2026
Source: CRMLS #PW26122848
Contingent
$11,500,000
Jun 5, 2026
Source: CRMLS #PW26122848
Listed For Sale
$11,500,000
Nov 20, 2024
Source: Zillow Rentals
ListingRemoved
$2,345
Nov 8, 2024
Source: Zillow Rentals
Listed For Rent
$2,345

Market trends in South

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$853K
Sale-to-List Price
100.0%
Price per sq ft
$698
Available listings
105

Around this home

Neighborhood Overview

South
See Local Highlights
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. "
    1
    Flag
  • 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"
    1
    Flag
  • 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"
    2
    Flag
  • 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. "
    2
    Flag
  • 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!"
    0
    Flag
  • 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"
    1
    Flag
  • 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. "
    0
    Flag
  • Trulia User
    "Friendly/ approachable neighborhoods and neighbors…. Pet friendly Community/ equal opportunity, love and respect 🫡 "
    0
    Flag
  • 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."
    3
    Flag
  • 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 "
    0
    Flag
  • 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."
    1
    Flag
  • Trulia User
    "Neighborhoods are safe and friendly. Neighbors and their dogs become friends. People hold themselves accountable to their community "
    0
    Flag
  • 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."
    0
    Flag
  • Rolando G.
    "Quiet, safe, beautiful, clean convenient, friendly, comfortable, fun, diverse, full of smartens kind people al around. "
    3
    Flag
  • J
    "I’ve lived here for 11 years. Love the walkability, it’s nearby restaurants, parks, and shopping. Very safe. "
    15
    Flag
  • 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!"
    18
    Flag
  • Michelle K.
    "You see people out walking dogs all the time. Friendly neighbors, tree-lined streets, quiet traffic. "
    3
    Flag
  • 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. "
    9
    Flag
  • Dg
    "The neighborhood is very conscientious and everyone does their part to take care of the area and to keep it safe."
    0
    Flag
  • 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 "
    0
    Flag
  • Mr. H
    "The Rose Parade of course is always fun and Christmas is beautiful with the decorations on Lake Ave. "
    1
    Flag
  • Jeff M.
    "We lived here for three years. Loved the neighborhood, the neighbors and the walkability of Pasadena."
    0
    Flag
  • Daphne
    "Pasadena has all kinds of wonderful events. Cultural events and etc. A rare neighborhood in LA that I can walk around without car. "
    0
    Flag
  • Andrew M.
    "Great location with access to groceries, restaurants and shops. Very safe and clean. Safe distance from busy and freeways."
    3
    Flag
  • Rev2002
    "Very dog friendly. A few buildings in the area are also dog friendly. There is not a close by dog park however."
    1
    Flag
  • 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"
    0
    Flag
  • 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. "
    11
    Flag
  • Yrkliu
    "It’s quite, residential, but near nice commercial establishments. It’s a well manicured area with lots of grass and flowers. "
    0
    Flag

LGBTQ Local Legal Protections

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 2026-09-06 18:37:08 PDT 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

Frequently asked questions about 215 S Madison Ave

  • What is 215 S Madison Ave estimated to be worth?
    Trulia's estimated value for 215 S Madison Ave in Pasadena, CA is $10,250,200.
  • What is the price history for 215 S Madison Ave?
    215 S Madison Ave in Pasadena, CA last sold for $10,250,000 in June 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 $853K.
  • Does 215 S Madison Ave have laundry facilities?
    Yes, 215 S Madison Ave in Pasadena, CA has laundry facilities.
  • Does 215 S Madison Ave have parking?
    Yes, 215 S Madison Ave in Pasadena, CA has on-site parking.

Explore by feature - Pet Friendly

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Apartments for Rent

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Off Market Homes Near 215 S Madison Ave

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