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For Sale:$1,990,000
Monthly Payment:
Principal & Interest:
HOA Dues:
(Based on a 30 year fixed loan at 3.38% with $398,000 down)
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109 N Michigan Avenue

Pasadena, CA 91106

Catalina Villas Pasadena Unified School District
N/Asq ft N/A / sq ft MFR
Lot Size10,444sq ft Built1984 On site67days
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students, students per teacher
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Fabulous location, stellar investment. Located within walking distance of Pasadena City College resides this 4 unit apartment building complete with three- 3 bedroom, 1 1/2 baths and one 2-bedroom, 1 1/2 bath built in 1984. This building is ideal for student housing, and/ or owner occupant use. The location lends itself to enjoy all of Pasadena has to offer while being a highly sought after rental area. The lot is 10,444 sq.ft with the possibility of expanding the rentals. The units are separately metered for electricity and gas maximizing the landlords profit. Each unit offers a private patio area, air conditioning, and off-street parking. You will not want to miss this opportunity to own an investment in an area that is rapidly growing with more than 25,000 enrolling each year from local to international students. The zoning for the property is RM-48, based on the size of the lot. This lot allows density up to 11 unit condo or apartments. Buyers to verify with city of Pasadena planning department. Please do not disturb tenants. Inspection with an accepted offer.
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Last Checked For Updates: 7 hours 34 minutes We update property info including price, photos, sale status and more as soon as it’s available. Here’s how we stay up-to-date. ago Status: Active Views: 29
MLS #AR16765430 , Listed on 12/19/16 by COLDWELL BANKER GEORGE
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MLS Listing Information for 109 N Michigan Avenue

Exterior Features


  • 8 Parking Spaces
  • 8 Garage Spaces
  • Assigned
  • Driveway - Combination
  • Parking Space

Lot Size

  • 10,444 Sq. Ft.

Garage Spaces

  • 8

# of Units

  • 4

Lot Description

  • 36-40 Units/Acre
  • Front Yard
  • Level with Street
  • Lot-Level/Flat
  • Near Public Transit
  • Value In Land



  • Public

Additional Information


  • Los Angeles

Land Lease Type

  • Lease

Originating MLS

  • Multi-Regional Multiple Listing Service

Community Rec.

  • Sidewalks
  • Street Lighting


  • PSR4


  • 0

Listing Broker


Price History for 109 N Michigan Avenue

Date Event Price Source
12/19/16 New Listing $1,990,000 CRMLS (Socal)

Schools Information

From Public Records
School District: Score      
Pasadena Unified School District

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Mortgage Calculator

Monthly Payment**:
Principal & Interest:
HOA Dues: $0
Loan Type Rate APR
30 yr fixed 3.38% 3.45%
15 yr fixed 2.75% 2.75%
5/1 ARM 2.63% 3.13%
Updated Mar 23, 2016   Disclosures

Nearby Homes For Sale

Houses for sale near 109 N MICHIGAN AVE
109 N Michigan Avenue, Pasadena, CA 91106 is a property for sale. This Pasadena, CA Multi-Family home has a lot size of 10,444 Sq. Ft. and has been on ZipRealty.com for 67 days. 109 N Michigan Avenue was built in 1984 and is currently listed for $1,990,000.

The 109 N Michigan Avenue Pasadena, CA 91106 listing is provided courtesy of COLDWELL BANKER GEORGE. Want to find more homes for sale near you? On ZipRealty.com, you can view all Pasadena MLS listings, see property photos, find a real estate agent and more. We update our real estate listings every 2 minutes, so your MLS search results are current and complete.
Local real estate services provided by:
Coldwell Banker Residential Brokerage
Coldwell Banker Residential Brokerage
5161 California Ave, Ste 250
Irvine, CA 92617

Website provided and owned by Coldwell Banker Residential Brokerage.
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Data last updated: Wednesday, February 22, 2017 at 10:36 PM. Properties in listings may have been sold or may no longer be available.