147 N Michigan Avenue
Pasadena, CA 91106
- – beds
- – baths
- – sqft
- 7,927 sqft lot
- 1956 build
- – on site
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.
Last checked:
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Last updated Oct 3, 2024
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MLS# AR24185038 —
The Building
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Year Built:1956
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Year Built Source:Assessor
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New Construction:No
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Entry Level:1
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Common Walls:No Common Walls
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Building Area Total:6050.00
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Building Area Units:Square Feet
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# of Buildings:1
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Total Number Of Units:7
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Stories Total:2
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# of Separate Gas Meters:8
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# of Separate Water Meters:1
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# of Separate Electric Meters:8
Interior
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Levels:Two
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Entry Location:1
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Fireplace:No
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Fireplace:None
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Laundry:Inside, Stackable
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Laundry:1
Location
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Directions:E Union St & N Michigan Ave
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Latitude:34.14859900
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Longitude:-118.12578000
The Property
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Property Type:Residential Income
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Subtype:Apartment
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Zoning:PSR4
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Lot Features:Lot 6500-9999
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Lot Size Area:7927.0000
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Lot Size Acres:0.1820
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Lot Size SqFt:7927.00
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Lot Size Source:Assessor
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Additional Parcels:No
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Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Census Tract:4623.02
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Tax Lot:39
The Listing
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Special Listing Conditions:Standard
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Parcel Number:5738014012
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Showings Begin:2024-09-09
Heating & Cooling
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Heating:1
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Heating:Central
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Cooling:Yes
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Cooling:Central Air
Utilities
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Sewer:Public Sewer
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Water Source:Public
The Community
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Senior Community:No
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Features:Curbs, Sidewalks
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Pool:None
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Private Pool:No
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Assessments:Yes
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Assessments:Unknown
Parking
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Parking:Yes
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Parking:Assigned
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Parking Spaces:7.00
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Uncovered Spaces:2.00
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Carport Spaces:5.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
10/2/24
Oct 2, 2024
|
Price Changed | CRMLS_CA | $3,200,000 | -8.6% |
|
9/9/24
Sep 9, 2024
|
Listed / Active | CRMLS_CA | $3,500,000 | 12.9% (1.8% / YR) |
|
5/30/17
May 30, 2017
|
CRMLS_CA | $3,100,000 |
