$3,200,000
 $17,178 forsale estimated payment Sourced by Back At You

147 N Michigan Avenue , Pasadena, CA 91106

Pasadena, CA 91106

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Description

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.

Details

MlsAR24185038
Listing TypeFor Sale
StyleAttachd
SubtypeResale
StatusActive
Year1956
Days On Site95
Listing Provided ByIn Realty Inc. 626-802-0335 | Kuangkai Kuo

Features

Sq Feet6,050
Car PortYes
Storys2
Units7
Buildings1
ZoningPSR4
Acreage0.18

Market Activity 91106

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the California Regional MLS.

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Learn More About This Property

StateCA
CountyLos Angeles
CityPasadena
Zip Code91106
Area648 Pasadena (SE)
Listing VS Median (in 91106)
Price:
$3,200,000
low | high
Med:
$944,000
100% of Average
SqFt:
6,050
low | high
Med:
1,502
100% of Average
$ / SqFt:
$529
low | high
Med:
$642
28.687235400856% of Average
On Site:
95
low | high
Med:
53.500000
100% of Average
Sourced by Back At You
Listing Updated: November 26, 2024 at 11:02:26 AM PST
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