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Chang Commons - 261 North Madison Avenue, Pasadena, CA 91101 Property Information

Chang Commons - 261 North Madison Avenue, Pasadena, CA 91101 Property Information

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  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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Chang Commons - 261 North Madison Avenue, Pasadena, CA 91101
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Address

Primary address 261 North Madison Avenue, Pasadena
Zip code 91101
County Los Angeles
Municipality Pasadena
Neighborhood Playhouse District

Sales & Tax Overview for 261 North Madison Avenue, Pasadena

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Current property tax $11,136

Lot & Building Information for 261 North Madison Avenue, Pasadena

Building sqft 34,238
Total sqft 136,486
Building class Five or More Apartments or Units - 4 Stories or Less (0500)
Acreage 2.246
Buildings on lot 4
Units 179
Year built 2006
Stories 4
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Zoning, Use & Area Overview

Walk Score
Transit Score
Bike Score


Zoning district
Weed hazard No
School district Pasadena Unified School District

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Other Property Data for 261 North Madison Avenue, Pasadena

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About 261 North Madison Avenue, Pasadena

What is the year built & the total sq. ft. for Chang Commons - 261 North Madison Avenue, Pasadena, CA 91101?

Chang Commons - 261 North Madison Avenue, Pasadena, CA 91101 was built in 2006 and has a total of 34,238 square feet.

What is the assessed value of Chang Commons - 261 North Madison Avenue, Pasadena, CA 91101 and the property tax paid?

Assessed at $56,362,963, the tax amount paid for Chang Commons - 261 North Madison Avenue, Pasadena, CA 91101 is $631,603.

When was Chang Commons - 261 North Madison Avenue, Pasadena, CA 91101 last sold?

Chang Commons - 261 North Madison Avenue, Pasadena, CA 91101 was last sold in 02/28/2017.

How many residential units does this building have?

This building has 179 residential unit(s).

Ownership Information

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Real Estate Reports:
Laura Pop-Badiu, May 07, 2026 Locked-In Owners, Mobile Renters: Homeowners Stay Put as Renters Move 3.7x More Across Largest U.S. Cities 
Renters became the primary drivers of long-distance mobility across the largest U.S. cities, moving 3.7 times more than owners in 2024, as high mortgage rates and housing costs kept many homeowners in place.
Eliza Theiss, Apr 23, 2026 $4.6M Hudson Yards Maintains Top Spot, Luxury Sales in Malba Set $2.5M Price Record for Queens
Despite prices declining, Hudson Yards remained the most expensive NYC neighborhood, but TriBeCa’s growth closed the gap to under $400,000, while Malba set a new historic price record for Queens at $2.5 million, securing the highest ranking ever for the borough at #5.
Eliza Theiss, Apr 15, 2026 2026 Q1 Foreclosure Report: Brooklyn Filings Fall Sharply, Bronx & Staten Island Hit New Peaks
Behind a deceptively mild citywide downtick, borough foreclosure markets pulled into significantly diverging paths as Brooklyn cases were nearly halved and the Bronx hit a new, record high. Meanwhile, Queens remained unchanged, Staten Island surged back up and Manhattan cooled slowly.
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Past Sales & Property History for 261 North Madison Avenue, Pasadena

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No recorded sales for this property.

Title Documents for 261 North Madison Avenue, Pasadena

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Date Type Amount Party 1 Party 2 Maturity Document Doc image
02/28/2017 Assignment of Rents
02/28/2017 Assignment of Rents
Financing Statement
Trust Deed
02/28/2017 Grant Deed
(File correction - 5 parcels in multiple sale)
               
               
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R: Recorded date
D: Document date

Property Taxes for 261 North Madison Avenue, Pasadena

Access detailed property tax data for Chang Commons - Chang Commons - 261 North Madison Avenue, Pasadena, CA 91101. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Base tax $631,603
Current property tax $11,136
Market value $56,362,963

Special Assessments And Penalties for 261 North Madison Avenue, Pasadena

Special Assessments

Abatements, financial assistance programs and non-ad valorem taxes levied as special taxes/direct assessments are applicable for this property.

Code Description Tax levied
03071 Los Angeles County Flood Control
00170 Los Angeles County Trauma/Emerg Srvs
31034 Mwd Water Standby Charge #9
22890 Pasadena Storm Use Charge
06132 San Gabriel Valley Mosquito Abatement

Assessment History for 261 North Madison Avenue, Pasadena

Here's the assessment & property tax history for 261 North Madison Avenue, Pasadena, including the evolution of the total tax rate and corresponding property tax.

Year Assessment value Total tax rate Property tax Year over year change
2025-2026 $56,362,963 1.1206 $631,603 +4.38%
2024-2025 $55,257,808 1.095 $605,073 +0.83%
2023-2024 $54,174,322 1.1077 $600,089 +3.68%
2022-2023 $53,112,082 1.0897 $578,762 +4.26%
2021-2022 $52,070,669 1.0661 $555,125 +4.38%

Permits for 261 North Madison Avenue, Pasadena

The complete history of permits filed for 261 North Madison Avenue, Pasadena, including new construction or demolition permits, complaints, plus any work pertaining to plumbing, heating and sprinkler systems is available with a free account. Available data goes back to 1990.

Issued Permit Type Sub type Valuation Expires Status
12/16/2024
12/06/2024
09/01/2022
04/25/2012
01/05/2006
05/06/2005
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Pasadena residential market stats

Median Sale Price
$1,225,000
3.4% YoY
Median Price/Sqft
$784
5.8% YoY
Los Angeles County Median Sale Price
$872,000
0.2% YoY

Access a detailed real estate market overview of Pasadena so you can assess current trends, home values, types of properties sold and transaction volume. View the median home sale price in Pasadena and compare it to other neighborhoods in Los Angeles County.

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Demographics by Zip Code

Total population 21,165
Median age 36.5
Average household income $112,778
Family households 33.5%
Occupied housing units 11,507
Owner occupied units 15.2%
Average number of people per household 1.76
Median year structure built 1978
Median value for units with a mortgage $678,800
Median value for units without a mortgage $694,600

Risk

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FEMA flood zone(s) X (See more on map)
Fire hazard zone See more on map
Faults and tsunami inundation zone map
Landslides and liquefaction map

Transportation

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Neighbors for 261 North Madison Avenue, Pasadena

Here are the neighbors for Chang Commons - 261 North Madison Avenue, Pasadena.

Address Square feet Purchase date Purchase price
128 Pico St, Pasadena
120 Patrician Way, Pasadena 2,125 02/11/2025
407 Laguna Rd, Pasadena 3,996 01/12/2017
52 Los Altos Dr, Pasadena
355 E Colorado Blvd, Pasadena 160,803 07/25/2002
1108 E Villa St, Pasadena 5,428 08/06/2015 $2,150,000
1556 Locust St, Pasadena 1,772 05/13/2008
312 Patrician Way, Pasadena 2,898 04/09/2013 $1,449,000
1508 Locust St, Pasadena 1,186 10/21/2025 $1,320,000
555 E Walnut St, Pasadena 29,232
980 N Madison Ave, Pasadena 3,186 06/12/2014
118 Pico St, Pasadena
130 Pico St, Pasadena
201 LA Vereda Rd, Pasadena 3,496 07/15/2025 $3,300,000
269 E Villa St, Pasadena 2,868 03/22/2011
198 S Raymond Ave, Pasadena
140 Pico St, Pasadena
368 E Union St, Pasadena 07/08/2016 $17,500,000
665 Lincoln Ave, Pasadena 1,363 01/02/2015
446 N Wilson Ave, Pasadena 640 05/31/2023

Nearby ZIP Codes for 261 North Madison Avenue, Pasadena

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