136 S Michigan Avenue
Pasadena, CA, 91106
$5,960,000
Beds
0 Baths
SqFt
0.51 Acres
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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, roof. most of the windows, kitchen and bathroom was updated in 2012. 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.

Property Details

Price:
$5,960,000
MLS #:
AR24101220
Status:
Active
Baths:
0
Address:
136 S Michigan Avenue
Type:
Residential Income
Subtype:
Commercial/Residential
Neighborhood:
647pasadenasw
City:
Pasadena
Listed Date:
May 19, 2024
State:
CA
ZIP:
91106
Lot Size:
22,058 sqft / 0.51 acres (approx)
Year Built:
1952
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Interior

Appliances
Gas Oven, Gas Range, Gas Water Heater, Refrigerator
Cooling
Wall/ Window Unit(s)
Heating
Central

Exterior

Community Features
Street Lights
Garage Spaces
1.00
Lot Features
16-20 Units/ Acre, Garden, Lot 20000-39999 Sqft
Parking Features
Assigned
Parking Spots
19.00
Pool Features
None
Roof
Shingle
Security Features
Smoke Detector(s)
Sewer
Public Sewer
Stories Total
2
Water Source
Public

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