147 North Michigan Avenue
$3,200,000
6
12
6,050
6,050
$529
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...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.
- Listed by Kuangkai Kuo • DRE #01849263 • Brokerage DRE #02056372 • In Realty Inc. • 626-802-0335
Property Details for 147 North Michigan Avenue
Parking Spaces Total
7
Private PoolNo
Cooling TypeCentral Forced Air
Total Units7.0
Building TypeDetached
Lot Size SourceAssessor
Living Area6050
Assessor Parcel Number5738-014-012
LISTING UPDATED: 10/02/2024 01:27 PM
Property Details for 147 North Michigan Avenue
Status | Active |
---|---|
MLS # | AR24185038 |
Days on Market | 73 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1956 |
County | Los Angeles County |
Building Information for 147 North Michigan Avenue
Building/Complex147 N Michigan AveFloor-Stories2Residences-Pet Policy-Year Built1956Building Size-
Property Information for 147 North Michigan Avenue
Property History for 147 North Michigan Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 147 North Michigan Avenue
Taxable ValueLand$2,469,088Additions$1,058,798Total$3,527,886
Tax Record2024$40,289 ($3,357 / month)
Home Facts
Total Finished SqFt6,050 SqFtAbove Grade Finished SqFt6,050 SqFtLot Size7,925 SqFtStyleMulti-Family Res (5+ Units)Year Built1956ZoningPSR4CountyLOS ANGELESAPN5738-014-012
Schools near 147 North Michigan Avenue
This home is within Pasadena Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 8 | |||
Public - | 6 to 12 | |||
Public - | 9 to 12 | |||
Public - | 6 to 12 |
Rating | School | Distance |
---|---|---|
McKinley School PublicK to 8 | ||
Blair High School Public6 to 12 | ||
Rose City High (Continuation) School Public9 to 12 | ||
Marshall Fundamental School Public6 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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