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Home » 95 N MICHIGAN AVENUE, PASADENA, CA 91106

95 N MICHIGAN AVENUE, PASADENA, CA 91106

95 N Michigan Avenue
Pasadena, CA 91106

$5,150,000

Number of Units: 16
Type: Multi-Unit Residential
Listing #AR17145906
The property is located on the south west side of Michigan Ave and Union St, several blocks away from the Pasadena Playhouse District, an eclectic cosmopolitan community rich in history and architecture. It is also located within walking distance to the world renowned California Institute of Technology (CALTECH) and Pasadena City College (PCC). The close proximity to some of the largest colleges in San Gabriel Valley provides a unique opportunity for an investor to rent out the units to college students. Because of this superb location, it has a Walk Score 91 out of 100, demonstrating high "walkability" to a variety of nearby amenities such as restaurants, shops, health clubs and entertainment venues. The property is a garden style two story building that was built in 1961. It offers a superb unit mix of four (4) 2bed+1bath, and twelve (12) 1bed+1bath units. The total building size is 10,588 square feet and it is situated on a large 14,991 square feet lot. Each unit is separately metered for electricity and gas. Ten (10) units have private patios. Some units have been updated with laminate wood flooring, mirrored closet doors, tiled bathroom, and tiled kitchen vanity. Most of the units have carpet flooring, and laminate kitchen countertops. Parking is provided by carport and tuck under parking in the back. There are total 16 parking spaces and storage spaces in the parking area. There is a shared laundry room in the parking area.
Property Features
Location Information
County: Los Angeles
MLS Area: Pasadena (SW)
Directions: north west side of Michigan Ave and Union St, between Lake Ave and Hill Ave
Interior Features
Has Fireplace: No
Fireplace Description: None
Heating: Wall Heater
Floors: Carpet, Laminate, See Remarks
Laundry: Area
Total Number of Units: 16
Exterior Features
Stories: Two
Water Source: Public
Utilities: Sewer Connected
Gas Meters: 16
Parking Description: Assigned
Garage Spaces: 0
Parking Spaces: 16
Has a Pool: No
Pool Description: None
Lot Description: Lot 10000-19999 Sqft
Lot Size in Acres: 0.344
Approximate Size (Sq. Ft.): 10, 588
Lot Size in Sq. Ft.: 14, 991
Zoning: PSR4
Additional Information
Attached Structure: 1
Property Type: RI
Year Built: 1961
APN: 5738013027
Status: Active
Is Aged Restricted: No
HOA Fee: 0
Lot Square Feet Source: Assessor
List Date: 2017-06-27 00:00:00.0


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This listing is courtesy of: Handoko Chen Growth Investment Group, Inc. - CA BRE # shown above if in IDX data
This listing's co-agent is: YVONNE Matloff TSE REALTY & MANAGEMENT SERVIC
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©2017 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of November 24, 2017 2:49 AM PT The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.