#WS24247971, JENNIFER WHELAN, Listing Office: A-Z REALTY & INVESTMENT CORP
![In Realty Inc. MLS Logo](https://rocket.com/homes/mls-logos/IDX_580.png)
147 N Michigan Ave Pasadena, CA 91106
Property details
About 147 N Michigan Ave
Significant Price Drop... Highly Motivated Seller... This meticulously maintained 7-unit building, located in a prime area just south of the 210 freeway in Pasadena, spans 6,050 rentable square feet and offers a mix of unit configurations: one unit with 3 bedrooms and 2 bathrooms, four units with 2 bedrooms and 2 bathrooms, and two units with 1 bedroom and 1 bathroom. Each unit boasts spacious layouts with abundant natural light and excellent ventilation. Completely remodeled in 2017, all 7 units feature copper piping, central AC/Heat, new kitchens, bathroom, and flooring throughout. Three units also feature in-unit laundry, offering added convenience to these modern, comfortable living spaces. Recent upgrades include a newly constructed electrical room with a 400-amp main breaker panel, ensuring compliance with city code at 60 amps per unit. Ideally located just minutes from Old Town Pasadena with easy freeway access, the property is close to Pasadena City College, Cal Tech, The Rose Bowl, and the Rose Parade Route. Colorado Boulevard’s top restaurants and amenities are nearby, enhancing its appeal to tenants. Its prime location and high demand ensure strong long-term returns and a solid hedge against inflation.
Highlights
Summary
- MLS Number: AR24185038
- MLS Name: CRMLS
- Office Name: In Realty Inc.
- Office Phone: (626) 802-0335
- Listing Agent: Kuangkai Kuo
Based on information from California Regional Multiple Listing Service, Inc. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
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Last updated on: 2/8/2025, 3:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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![view of back of house](/homes/listing-images/50428124_S0405/S0405/S0405-R0100/1086226326/2003460796700.jpg?version=1728384405&width=640)
$3,200,000
147 N Michigan Ave
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Price information
Property sales
Date | Event | Price |
---|---|---|
May 16, 2017 | Home Sold | $3,100,000 |
Aug 04, 2016 | Home Sold | $1,520,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $3,527,886 | $40,289 |
2023 | $3,458,725 | $39,957 |
2022 | $3,390,920 | $38,572 |
2021 | $3,324,445 | $36,994 |
2020 | $3,289,744 | $35,596 |
2019 | $3,225,240 | $36,377 |
2018 | $3,162,000 | $18,349 |
2017 | $1,520,000 | $18,349 |
History based on county public records data.
Nearby schools
4
Madison Elementary School
Public District PK-5
1.1 mi
•515 E Ashtabula St
6
Hamilton Elementary School
Public District PK-5
1.2 mi
•2089 Rose Villa St
6
Longfellow Elementary School
Public District PK-5
1.5 mi
•1065 E Washington Blvd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $76,019. Typical income of Pasadena, CA residents is between $35k-100k annually. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.
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Frequently asked questions
About 147 N Michigan Ave
This home is located at 147 N Michigan Ave in Pasadena, CA and zip code 91106 in the The Verdugos neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since September 9, 2024 and is currently priced at $3,200,000.
In January 2025, from all listings sold in Pasadena, CA there were more than 22 sold above asking price, over 23 sold below and more than 9 were sold right at the asked price. The inventory of homes for sale in Pasadena, CA between December and January 2025 increased by 16.2%. The median list price of listings available in January 2025 was $1,218,933, while the average time on the real estate market was 47 days.