Description
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.
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0BEDS
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0.55ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
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.
Based on information from California Regional Multiple Listing Service, Inc. as of 2023-12-04T00:25:53.033. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Twiss Realty Group - Brokered by EXP. Licensed in the State of California, USA.