1705 N Madison Avenue
Pasadena, CA, 91104
$999,000
Original list price: $1,100,000
MLS: P1-27622
Beds
4
Baths
2
Sq Ft
1,455
Lot
0.11 ac
Year Built
1953
MLS #
P1-27622
Days on Market
31
Listed
Jun 15, 2026
Description
BACK ON THE MARKET at no fault of the seller. This TRUST SALE is a fantastic opportunity to own two homes on a single lot in the heart of Pasadena! The front residence is a charming 2-bedroom, 1-bath traditional home that feels incredibly inviting. Inside, you'll find a sun-filled living room, a cozy dining area, a functional galley kitchen, with it's own separate dining room. It even comes with its own private front yard and a one-car garage. Tucked away at the rear of the property is a stunning ADU, just completed in December 2024. 1703 N Madison Avenue was CREATED! The private walkway is lined with elegant cypress-style trees that lead you to this modern 658-square-foot retreat. The ADU features an airy open floor plan with 2 bedrooms, 1 bath, and a split system for perfectly tailored heating and cooling. The two homes are separated by a spacious open yard that's just waiting for summer BBQs and outdoor gatherings. This is a TRUST SALE - the property comes with both tenants in place. As a huge bonus, both units are equipped with solar panels and will be paid off at closing! Whether you're looking for a multi-generational setup or a savvy investment with rental income, this property checks every box. Make this your last stop of the day, you're finally home!
Location
Pasadena, Los Angeles County, CA 91104
Open on Google Maps ↗Listed by: Nancy L McSween · COMPASS
Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.
Payment estimate
$7,499
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $99,900 · Loan: $899,100
Average 30-yr fixed rate 6.67% as of Aug 13, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $5,784
- Property tax (1.25%)
- $1,041
- Homeowners insurance
- $300
- Mortgage insurance
- $375
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Aug 13, 2026
- 30-year fixed
- 6.67%
- 15-year fixed
- 5.96%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Pasadena home with as little as 3.5% down using an FHA loan — roughly $34,965 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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Local Market Stats
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Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
★#1 Producing Individual Realtor — Antelope Valley
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