144 N Michigan, Pasadena, CA 91106
- $4,300,000
- Sold Price
- $4,300,000
- List Price
- $5,700,000
- Closing Date
- Jun 10, 2026
- Status
- CLOSED
- MLS#
- SB26044815
- Year Built
- 1987
- Lot Size
- 15,443
- Acres
- 0.35
- Lot Location
- Landscaped, Near Public Transit, Sprinkler System
- Days on Market
- 57
- Property Type
- Multifamily
- Style
- Contemporary
- Property Sub Type
- Mixed Use
- Stories
- Three Or More Levels
Property Description
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.
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Additional Information
- Taxes
- $84,414
- Appliances
- Dishwasher, Disposal, Gas Oven, Gas Range, Microwave, Refrigerator, Dryer, Washer
- Pool Description
- None
- Heat
- Natural Gas, Wall Furnace
- Cooling
- Yes
- Cooling Description
- Electric, Wall/Window Unit(s)
- View
- None
- Exterior Construction
- Copper Plumbing
- Roof
- Asphalt
- Garage Spaces Total
- 29
- Sewer
- Public Sewer
- Water
- Public
- Interior Features
- Balcony, Ceiling Fan(s), Elevator, Granite Counters, Intercom, Laminate Counters, Multiple Staircases, Storage, All Bedrooms Down
- Attached Structure
- Attached
- Number Of Units Total
- 15
- Gross Scheduled Income
- $431,016
- Operating Expense
- 171975
Listing courtesy of Listing Agent: Michael Belzer (mpbelzer@hotmail.com) from Listing Office: Westside Management Group.
Listing sold by Jared Levine from Keller Williams Realty Calabasas
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.