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Address
165 N MICHIGAN Avenue Pasadena, CA
Price
$ 13,640,000
Property Attributes
  • MLS#18401196
  • TypeIncome
  • CountyLOS ANGELES
  • CityPasadena
  • AreaPasadena
  • Zip91106
  • Style
  • Price$ 13,640,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage42843
  • Lot Size0.51 Acres
Listing Provided Courtesy Of:
Priscilla Nee with CB Richard Ellis, Inc..
Property Description

Michigan Apartments is a five story, 45 unit, non rent-controlled property constructed in 1964 on a ±22,055 square foot lot, with a total building size of ±42,843 square feet.  The secured entry property offers a lobby area, elevator, three stairwells, cameras in select areas, a barbeque area, trash chutes on each floor, an on-site laundry facility, and a gated 45 parking space on-grade enclosed garage with dual driveways.  The property is separately metered for gas and electric, and serviced by central water heaters.Michigan Apartments boasts a solid unit mix of 18 one-bedroom/one-bathroom units, 25 two-bedroom/two-bathroom units, and 2 three-bedroom/two-bathroom units.   The units are large with the one-bedroom units averaging approximately ±800 SF, the two-bedroom units averaging approximately ±1,000 SF, and the three-bedroom units averaging approximately ±1,500 SF.

Elementary School Middle School High School
Unknown Elementary School Unknown Middle School Unknown High School
Price History
10/26/2018 Listed $13,640,000

General Features

Directions Michigan Apartments is located at 165 N Michigan Ave, just east of Lake Avenue, between Walnut Street and Colorado Boulevard.
Listing Agent Priscilla Nee - BRE#01435254
Listing Agent State License 01435254
MLS Area 648 - Pasadena (SE)
Price Per Square Foot 318.37
Special Listing Conditions Standard
Total Units 45
Zoning PSR4

Interior Features

Air Conditioning Y/N Yes
Cooling Central, See Remarks
Laundry Features See Remarks
Laundry Y/N Yes
Total Stories 5

Exterior Features

Building Area Total 42843.00
Lot Size Acres 0.5063
Lot Size Area 22056.0000
Lot Size Source Assessor
Lot Size Square Feet 22056.00
Lot Size Units Square Feet
Number of Buildings 1
Parking Features Garage, Covered Parking
Parking Y/N Yes

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Pets
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 91106

Price
AVG $5.5M
$13.64M
Visits
AVG 62
181
Year Built
AVG 1941
1964
Walkscore
AVG 83
87

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