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144 N Michigan

Pasadena, CA 91106
Active
Multifamily
Property Photo
$5,900,000
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… Read MoreRead Less
Property listed by Westside Management Group, Michael Belzer 310-259-7556
Listing Snapshot
Days Online
0
Last Updated
Property Type
MixedUse
Lot Size
0.35 Acres
Year Built
1987
MLS Number
SB26044815
Property Location Map
Additional Details
Property Access
Frontage Type: CityStreet, Road Surface: Paved
Appliances & Equipment
Dishwasher, Disposal, GasOven, GasRange, Microwave, Refrigerator, Dryer, Washer, Other equipment: Intercom
Building
Built in 1987, 1 building, Building faces West, 3 stories, Levels: ThreeOrMore, Entry level: 1, Entry location: 1, Construction Materials: CopperPlumbing
Community
StormDrains, StreetLights, Sidewalks, Urban
Cooling
Electric, WallWindowUnits
Disclosures
RentControl
Expenses
Electric: $4,800, Gardener: $3,600, Insurance: $28,528, Licenses: $4,278, Maintenance: $172,406, Operating: $171,975, Pest Control: $780, Trash: $31,392, Water/Sewer: $7,796
Exterior Features
Lighting, RainGutters
Fence
None
Floors
Carpet, Laminate, Tile
Garage
29 spaces
Heating
NaturalGas, WallFurnace
Home Owner's Association
Association Fee: $0
Income
Gross Income: $431,016, Gross ScheduledIncome: $431,016, Net Operating Income: $257,963
Interior Features
Balcony, CeilingFans, Elevator, GraniteCounters, Intercom, LaminateCounters, MultipleStaircases, Storage, AllBedroomsDown
Laundry
Stacked
Lot
0.3545 acres, Landscaped, NearPublicTransit, SprinklerSystem
Parking
29 total parking spaces, Assigned, ControlledEntrance, Concrete, Covered, DrivewayDownSlopeFromStreet, DirectAccess, ElectricGate, Garage, Gated, OnSite, Storage
Pool
None
Property
Turnkey
Roof
Asphalt
Security Features
ClosedCircuitCameras, CarbonMonoxideDetectors, FireDetectionSystem, FireSprinklerSystem, SecurityGate, SmokeDetectors, SecurityLights
Sewer
PublicSewer
Taxes
Additional parcels description:, Parcel Number: 5738019028, Annual Amount: $84,414.6, Tax Block: 2, Lot: 28, Year: 2026
Tenant Pays
CableTv, Electricity, Gas, Insurance, Telephone
Utilities
CableAvailable, ElectricityConnected, NaturalGasConnected, PhoneAvailable, SewerConnected, UndergroundUtilities, WaterConnected, Water Source: Public, Standard, 15 separate electric meters, 15 separate gas meters
Windows
Blinds, Screens
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Monthly Payment
$0
Michael Harby
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Schools In The Area

Check out nearby schools with ratings and contact info.
McKinley Arts School 626-396-5630 Public KG-8
Blair High School 626-396-5820 Public 6-12
McKinley Arts School 626-396-5630 Public KG-8
McKinley Arts School 626-396-5630 Public KG-8
Blair High School 626-396-5820 Public 6-12
McKinley Arts School 626-396-5630 Public KG-8
Blair High School 626-396-5820 Public 6-12

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Listing Information © California Regional MLS. All Rights Reserved.

Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.