165 N Michigan Avenue
Pasadena, CA 91106
- – beds
- – baths
- – sqft
- ~1/2 acre lot
- 1964 build
- – on site
We are pleased to present Michigan Apartments, a 46-unit apartment community situated in the heart of Pasadena, near California Institute of Technology, Pasadena City College, and Downtown Pasadena. The property features an excellent unit mix consisting of majority 2-bedroom 2-bath units with large patios/balconies, high-end finishes, and all new windows and sliders. The building has undergone major capital improvements such as a new electrical system, newly installed copper plumbing, new roof (2020), rebuilt laundry facility with state-of-the-art equipment, and a brand-new elevator taking tenants from the lower levels to the top floor penthouse units and roof access. The interiors have been tastefully renovated with quartz countertops, new cabinetry, stainless steel appliances, recessed LED lighting, laminate wood flooring, remodeled bathrooms, and new wall HVAC units. The top floor penthouse units are large, have beautiful views, central A/C, and expansive outdoor space. Other features include an outdoor area that can be used as a recreational space for tenants to relax and entertain guests, gated subterranean parking, controlled access, updated landscaping, and a new top-of-the-line security camera system. Current management has implemented a Ratio Utility Billing System (RUBS) which has increased the building’s efficiency. This trophy asset is ideal for investors seeking a brilliantly located property in excellent condition with upside potential.
Last checked:
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Last updated Mar 10, 2025
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MLS# PW25052653 —
The Building
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Year Built:1964
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Year Built Source:Public Records
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New Construction:No
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Building Area Total:42843.00
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Building Area Units:Square Feet
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Total Number Of Units:46
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# of Buildings:1
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Stories Total:5
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Entry Level:1
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Common Walls:2+ Common Walls
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# of Separate Gas Meters:46
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# of Separate Water Meters:1
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# of Separate Electric Meters:1
Interior
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Entry Location:/
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Laundry:Common Area
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Laundry:1
Location
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Directions:Driving West on Historic Rte 66, Turn Right Onto N. Michigan Ave., Pass Union St., Property Will be on Your Left
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Latitude:34.14887400
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Longitude:-118.12578400
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:Irregular Lot
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Lot Size Area:22499.0000
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Lot Size Acres:0.5165
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Lot Size SqFt:22499.00
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Lot Size Source:Assessor
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Property Attached:1
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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:42
The Listing
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Special Listing Conditions:Standard
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Parcel Number:5738014023
Utilities
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Sewer:Public Sewer
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Water Source:Public
The Community
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Features:Sidewalks
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Pool:None
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Senior Community:No
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Private Pool:No
Parking
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Parking Spaces:52.00
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Garage Spaces:52.00
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 |
|---|---|---|---|---|
|
3/10/25
Mar 10, 2025
|
Listed / Active | CRMLS_CA | $21,000,000 | 50.0% (8.1% / YR) |
|
6/22/22
Jun 22, 2022
|
Listed / Active | CRMLS_CA | ||
|
1/10/19
Jan 10, 2019
|
CRMLS_CA | $14,000,000 |
