144 N Michigan, Pasadena, CA 91106
List Price: $5.7M
Listing Status: Pending
Original List Price: $5.9M
0Days on Market: 59
0 Bedrooms · 0 Bathrooms
Property Type: ResidentialIncome
Year Built: 1987
Lot Size: 15,443 sq ft
Garage Spaces: 29
Private Pool: Yes
Annual Property Tax: $84,414.6
MLS Number: SB26044815
About This Property
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.
Listing provided by: Michael Belzer DRE #01034197 310-849-5432 mpbelzer@hotmail.com, Westside Management Group
Source: CRMLS, MLS #: SB26044815