Property Details
About this Property
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.
MLS Listing Information
MLS #
CRAR24185038
MLS Source
California Regional MLS
Days on Site
108
Interior Features
Appliances
Other
Cooling
Central Forced Air
Heating
Central Forced Air
Parking, School, and Other Information
Garage/Parking
Assigned Spaces, Garage: 0 Car(s)
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | – | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
147 N Michigan Ave is a Residential Income in Pasadena, CA 91106. This – square foot property sits on a 7,927 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $3,200,000 and was built in 1956. This address can also be written as 147 N Michigan Ave, Pasadena, CA 91106.
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This listing information is up-to-date as of December 22, 2024. For the most current information, please contact Kuangkai Kuo
