623 N Madison Ave
Pasadena, CA 91101
West Central- 14 Beds
- 2,942 sqft (on 0.55 acres)
14 Beds
2,942 sqft
(on 0.55 acres)
Local Information
-- mins to
Description
Marcus & Millichap/Compass is pleased to present the Cypress Court, an eight (8) unit bungalow court style housing complex located at 623 & 635 N. Madison Avenue in Pasadena, California. 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. Current rents are approximately thirty-five percent (37%) below market. This is an excellent opportunity for an investor who is looking for a value-add property in a hip and trendy submarket with historically low vacancy rates.
623 N Madison Ave, Pasadena, CA 91101 is a 14 bedroom, 2,942 sqft multi-family in West Central, built in 1923. More recently, it was listed as a rental in January 2018 with an asking price of $1,525 per month. That rental listing was removed on January 30, 2018. It is currently off market. The Trulia Estimate is $1,859,600, with a rent estimate of $3,129/month.
Home Highlights
Parking
No Info
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
Less than a day ago
Home Details for 623 N Madison Ave
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Heating & Cooling Heating: Forced AirCooling System: OtherHeating Fuel: Forced Air |
Appliances & Utilities Refrigerator |
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Year Built Year Built: 1923 |
Property Type / Style Property Type: Multi Family |
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Parking & Garage Parking Spaces: 5 |
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Units in Building: 4 |
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Lot Area: 0.55 acres |
Price History for 623 N Madison Ave
| Date | Price | Event | Source |
|---|---|---|---|
| 01/30/2018 | $1,525 | ListingRemoved | Agent Provided |
| 01/18/2018 | $1,525 | Listed For Rent | Agent Provided |
Market trends in Pasadena
Last updated May 2026
Avg. sale price
$1.23M
$55KMoM
Sale-to-List Price
101.8%
1.2%MoM
Price per sq ft
$802
$9MoM
Available listings
375
30MoM
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $8,785 |
| Assessment | $670,000 |
Home facts updated by county records
Comparable Sales for 623 N Madison Ave
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.07 | Multi-Family Home | $1,420,000 | 07/31/25 | 5 | 4 | 2,850 | |
0.14 | Multi-Family Home | $2,260,000 | 08/27/25 | 14 | 9 | 6,291 | |
0.09 | Multi-Family Home | $1,210,000 | 12/17/25 | 5 | 3 | 2,204 | |
0.16 | Multi-Family Home | $1,800,000 | 11/06/25 | 12 | 12 | 5,640 | |
0.09 | Multi-Family Home | $1,200,000 | 12/17/25 | 4 | 2 | 2,204 | |
0.12 | Multi-Family Home | $1,330,000 | 01/22/26 | 3 | 3 | 2,448 | |
0.14 | Multi-Family Home | $1,380,000 | 01/27/26 | 4 | 4 | 2,156 | |
0.22 | Multi-Family Home | $1,180,000 | 03/27/26 | 6 | 4 | 2,512 | |
0.29 | Multi-Family Home | $1,283,691 | 07/21/25 | 4 | 4 | 2,018 | |
0.41 | Multi-Family Home | $1,200,000 | 07/08/25 | 9 | 6 | 4,575 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 623 N Madison Ave.
What Locals Say about West Central
At least 137 Trulia users voted on each feature.
88 % Say it's dog friendly
87 % Say there are sidewalks
78 % Say it's walkable to restaurants
74 % Say it's walkable to grocery stores
74 % Say car is needed
70 % Say streets are well-lit
66 % Say people would walk alone at night
58 % Say there's holiday spirit
57 % Say they plan to stay for at least 5 years
56 % Say parking is easy
54 % Say yards are well-kept
50 % Say it's quiet
38 % Say neighbors are friendly
38 % Say kids play outside
36 % Say there's wildlife
26 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
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