$3,500,000
Active
24 Days Online
0 Beds0 Baths0 SQFT
Active

147 N Michigan Avenue Pasadena, CA 91106

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 Boulevards 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.

  • Property TypeMulti-Family
  • NeighborhoodN/A
  • CountyLos Angeles
  • Taxes$0
  • HOA/Condo/Coop Fees$0
  • Days on Site24 Days
  • MLS StatusActive
  • MLS ID NumberAR24185038
  • Home Size Source N/A
  • Year BuiltN/A
  • Lot Size0.182 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Stories 2 Story

Interior Features

  • Cooling Central Forced Air

Exterior Features

  • Pool N/K

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Monthly Payment (Est.)

$16,932
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