Active
147 N Michigan AVE
PASADENA CA, 91106
$3,200,000
$528.93 per sqft
Active
6 Beds
5 Baths
6,050 sqft
Multi-family
Built in 1956
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.
AR24185038MR
MLSⓇ ID
September 9, 2024
Listed
January 14, 2025
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
Days on Market
103
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 |
---|---|---|
10/3/2024 | Price change | $3,200,000 -9% |
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 Peter Mac shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
©2025 Combined L.A./Westside MLS. All rights reserved.
Data last updated 1/14/2025