144 N Michigan, Pasadena, CA 91106
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144 N Michigan Pasadena, CA 91106

0.35 Acres Lot


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Key Details

Property Type Single Family Home, Multi-Family

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID SB26044815

Construction Status Turnkey

HOA Y/N No

Year Built 1987

Annual Tax Amount $84,414

Tax Year 2026

Lot Size 0.354 Acres

Property Sub-Type Mixed Use

Property Description

15-unit apartment building in the highly-desirable city of Pasadena, California. This offering presents a rare opportunity for an investor to acquire a very well-located apartment community with low tenant turnover in one of the strongest sub-markets in the West San Gabriel Valley. Located within walking distance of the world-renowned California Institute of Technology, and Pasadena City College. Has high "walkability" to a variety of nearby amenities such as restaurants, shops, health clubs and entertainment venues.
This property is a three story building built in 1987. Offers a superb mix of one (1) 3bed + 2-1/2 bath townhouse style, two (2) 3bed + 2bath, and twelve (12) 2bed+1bath units. Total building is 15,714 sq ft which translates to a large average unit size per unit. Each unit is separately metered for electricity and gas, and equipped with stackable washer/dryers, private balcony(ies), dishwashers, microwaves and refrigerators. It is modernly equipped with copper pipe plumbing, elevator, fire sprinkler system, secured entrance, intercom system and CCTV cameras.
Parking is provided by subterranean parking, with a total of 29 parking and storage spaces in the parking area.

Location

State CA

County Los Angeles

Area 646 - Pasadena (Ne)

Interior

Interior Features Balcony, Ceiling Fan(s), Elevator, Granite Counters, Intercom, Laminate Counters, Multiple Staircases, Storage, All Bedrooms Down

Heating Natural Gas, Wall Furnace

Cooling Electric, Wall/Window Unit(s)

Flooring Carpet, Laminate, Tile

Equipment Intercom

Fireplace No

Appliance Dishwasher, Disposal, Gas Oven, Gas Range, Microwave, Refrigerator, Dryer, Washer

Laundry Stacked

Exterior

Exterior Feature Lighting, Rain Gutters

Parking Features Assigned, Controlled Entrance, Concrete, Covered, Driveway Down Slope From Street, Direct Access, Electric Gate, Garage, Gated, On Site, Storage

Garage Spaces 29.0

Garage Description 29.0

Fence None

Pool None

Community Features Storm Drain(s), Street Lights, Sidewalks, Urban

Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Underground Utilities, Water Connected

View Y/N No

View None

Roof Type Asphalt

Total Parking Spaces 29

Private Pool No

Building

Lot Description Landscaped, Near Public Transit, Sprinkler System

Faces West

Story 3

Entry Level Three Or More

Sewer Public Sewer

Water Public

Architectural Style Contemporary

Level or Stories Three Or More

New Construction No

Construction Status Turnkey

Others

Senior Community No

Tax ID 5738019028

Security Features Closed Circuit Camera(s),Carbon Monoxide Detector(s),Fire Detection System,Fire Sprinkler System,Security Gate,Smoke Detector(s),Security Lights

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange

Special Listing Condition Standard, No Smoking


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Listed by Michael Belzer Westside Management Group 310 849-5432, DRE #01034197

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Chris Palmer

Chris Palmer

Advisor | License ID: 01276811

+1(626) 644-1485

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144 N Michigan