Active

136 S Michigan Avenue

Pasadena CA, 91106

$5,960,000


$522.81 per sqft

Active

11,400 sqft

Multi-family

Built in 1952

Listed by Jennifer Chang with IRN Realty 626-447-5100

Exceptional investment opportunity:Bring offers for this beautiful 4 BUiLDINGS , sale is for 2 parcels 130 and 136 S. Michigan Ave. total 18 units must be sold together. 100% leased. 11400 sq ft living area, 22058 lot size. Property located in a quiet street walking distance to the Cal Tech, PCC, Old town, Shopping center on Lake Ave. Hardly any vacancy, usually rented within 1 week, easy to manage.The property offers an investor the rare opportunity to own an excellent portfolio of real estate in one of the most coveted submarkets in the San Gabriel Valley. The property, which has been 40% renovated. It is a two-story garden style apartment with 11-Studios 500 sq.ft. 4- 1Bedroom 665 sq. ft and 3-2Bedrooms 750 sq. ft (2unit) 1100 sq.ft. (1unit) Sold As Is.

AR24101220

MLS ID

May 19, 2024

Listed

June 12, 2024

Updated

Map

136 S Michigan Avenue
Pasadena CA, 91106

Interior Features

Total Stories

2


Appliances

Gas Oven, Gas Range, Gas Water Heater, Refrigerator


Laundry Description

Common Area


Fireplace

No


Cooling

Yes


Cooling Description

Wall/Window Unit(s)


Heating

Yes


Heating Description

Central

Exterior/Building Features

Lot Size

0.51 Acres


Lot Features

16-20 Units/Acre, Garden


Roof

Shingle


Sewer

Public Sewer

Other Property Details

Area Name

647 - Pasadena (SW)


Days on Market

24


Garage

Yes


Garage Spaces

1


Parking

Assigned


Parking Total

19


View

No


County

Los Angeles


Water Source

Public


Pool

No


Pool Features

None


Zoning

PSR4


Buyer Agency Compensation

2%

Listing Contact: 626-447-5100 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 6/12/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 6/12/2024 at 7:11 PM UTC

 

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