Active
147 N Michigan Avenue
Pasadena CA, 91106
$3,200,000
$528.93 per sqft
Active
6,050 sqft
Condos
Built in 1956
Listed by Kuangkai Kuo with In Realty Inc. 626-802-0335
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.
AR24185038
MLSⓇ ID
September 9, 2024
Listed
October 17, 2024
Updated
Map
147 N Michigan Avenue
Pasadena CA, 91106
Interior Features
Total Stories
2
Laundry Description
Inside, Stacked
Fireplace
No
Fireplace Description
None
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Central
Exterior/Building Features
Lot Size
0.18 Acres
Sewer
Public Sewer
Other Property Details
Area Name
648 - Pasadena (SE)
Days on Market
23
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% |
Listing Contact: 626-802-0335
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 10/17/2024. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 10/17/2024 at 1:19 PM UTC