Active

147 N Michigan AVE

PASADENA CA, 91106

$3,500,000


$578.51 per sqft

Active

6 Beds

5 Baths

6,050 sqft

Multi-family

Built in 1956

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.

AR24185038MR

MLS ID

September 9, 2024

Listed

September 13, 2024

Updated

Map

147 N Michigan AVE
PASADENA CA, 91106

Interior Features

Total Stories

2


Bedrooms

6


Total Bathrooms

5


Laundry Description

Inside, Laundry Closet Stacked, Stackable W/D Hookup


Fireplace

No


Fireplace Description

None


Cooling

Yes


Cooling Description

Central


Heating

Yes


Heating Description

Central

Exterior/Building Features

Lot Size

0.18 Acres


Sewer

Public Sewer

Other Property Details

Area Name

Pasadena SE


Garage

No


Parking

Assigned


Parking Total

7


View

No


County

Los Angeles


Water Source

Public


Pool

No


Pool Features

None


Zoning

PSR4

Listing History

Date

Event

Price

9/9/2024

Active

Listed by Kuangkai Kuo with In Realty Inc.
Listing Contact: 626-802-0335 

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor The Angelas Sell Los Angeles | CA DRE# 02050331 | CA DRE# 01917116 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2024 Combined L.A./Westside MLS. All rights reserved.

Data last updated 9/13/2024

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