147 N Michigan Avenue

Pasadena, CA 91106

  • 0 Bed(s)
  • 0 Bath(s)
  • 6,050 Sqft
  • 7927
    Sqft(Lot)
$3,200,000

Description

Significant price drop... highly motivated seller... this meticulously maintained 7-unit building, located in a prime area just south of the 210 freeway in pasadena, spans 6,050 rentable square feet and offers a mix of unit configurations: one unit with 3 bedrooms and 2 bathrooms, four units with 2 bedrooms and 2 bathrooms, and two units with 1 bedroom and 1 bathroom. each unit boasts spacious layouts with abundant natural light and excellent ventilation.

completely remodeled in 2017, all 7 units feature copper piping, central ac/heat, new kitchens, bathroom, and flooring throughout. three units also feature in-unit laundry, offering added convenience to these modern, comfortable living spaces.

recent upgrades include a newly constructed electrical room with a 400-amp main breaker panel, ensuring compliance with city code at 60 amps per unit.

ideally located just minutes from old town pasadena with easy freeway access, the property is close to pasadena city college, cal tech, the rose bowl, and the rose parade route. colorado boulevard’s top restaurants and amenities are nearby, enhancing its appeal to tenants.

its prime location and high demand ensure strong long-term returns and a solid hedge against inflation.

  • Property Type

    Residential Income

  • County

    Los Angeles

  • Style

    Residential Income

  • AD ID

    46881562

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Property Details

  • Water/Sewer

    • Water Source : Public
    • Sewer : Public Sewer

    Interior Features

    • Fireplace: None

    Cooling Features

    • Central Air
    • Air Conditioning

    Heating Source

    • Central
    • Has Heating

    Fireplace

    • Fireplace Features: None
    • Has Fireplace: 0

  • Building Information

    • Year Built: 1956
    • Building Area Total: 6,050

    Pool Features

    • None

    Laundry Features

    • Inside,Stacked

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.182
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 7927

  • Listing Price Information

    • Original List Price: 3,200,000
    • Listing Contract Date: 2024-09-05

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 5738014012

  • Garage and Parking

    • Garage Description: Assigned

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable
    • Tenant Pays: Electricity,Gas

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: 648 - Pasadena (SE)
    • Postal Code Plus 4: 1826
    • Directions: E Union St & N Michigan Ave
    • Zoning: PSR4
    • Source Property Type: Residential Income
    • Area: 648 - Pasadena (SE)
    • Property SubType: Apartment

    Building and Construction

    • Property Age: 69
    • Common Walls: No Common Walls
    • Structure Type: Apartment
    • Year Built Source: Assessor
    • Entry Level: 1
    • Entry Location: 1
    • Levels or Stories: Two
    • Building Total Stories: 2
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BuyOwner last updated this listing 01/07/2025 @ 02:34

  • MLS: AR24185038
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 0 bedrooms which is for sale, it has 6,050 sqft, 7,927 sized lot, and 0 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Pasadena , in zip code 91106, this Los Angeles County Home are nearby neighborhoods.