$2,195,000
34.14678 -118.12576
FOR SALE

39 North MICHIGAN Avenue Pasadena, CA 91106

$2,195,000
Est. Monthly $9,595 recalculate
 

Have A Question? Contact Office Contact CENTURY 21 Marty Rodriguez

CENTURY 21 Marty Rodriguez
1030 East Route 66
Glendora, CA 91740
626.­914.6637
626.­914.6637
CENTURY 21 Marty Rodriguez
1030 East Route 66 Glendora, CA 91740
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39 North MICHIGAN Avenue
Pasadena, CA 91106

Explore This Property

Multi-Family (2-4 Units) - DEVELOPERS Dream & Great for Investors as well!! One of highest density in Pasadena, Zoned RM-48 (48 unit per Acre) on a 8,792 SF LOT! Positioned on quiet, tree-lined street street walking distance to shops & restaurants. All along the street on beautiful condominium developments making this ready to be the next development. Close to Cal Tech, PCC, schools & transportation. Currently being rented as units bringing in great rents of approx $7,200 per month. Perfect while waiting for City plan approval for development. The configuration of the existing house give investors potential to operate existing property with great rental income. Inspection ONLY upon accepted offer. DO NOT DISTURB OR TALK TO TENANTS NOR WALK ONTO PROPERTY. Buyer to verify all information.
MLS # 17257756
Courtesy Of RE/MAX Commercial & Investment

Property Features

  • Age: Over 50 Years Old
  • Appliances: Refrigerator
  • Architecture Style: Other
  • Cooling System: Window Unit(s) A/C
  • Parking Type: Covered
  • Roof Type: Unknown

  • Purchase or Lease Opportunities

    Traditional Mortgage
    30 year mortgage at 3.38% APR
    $9,595Your estimated monthly payment
    $439,00020% Down Payment
    $2,195,000 $1,975,500
    purchase price loan amount
    Explore Mortgage Options
    Program Details
    *Neither Century 21 Real Estate LLC nor any of its franchisees or other affiliated companies provides, or is in any way responsible, for any product or service offered by Home Partners of America.

  • Elementary School
    MCKINLEY SCHOOL
    Grades PRESCHOOL-8 | Public School

    PASADENA, CA 91101
    325 S OAK KNOLL AVE
    626-844-7880
    0.7
    miles

    Total Students 1030
    Student Teacher Ratio 21:1

    School Rating

    2 stars View School Details
    Middle School
    BLAIR HIGH SCHOOL
    Grades 6-12 | Public School

    PASADENA, CA 91106
    1135 S EUCLID AVE
    626-441-2201
    1.7
    miles

    Total Students 1009
    Student Teacher Ratio 17:1

    School Rating

    3 stars View School Details
    High School
    BLAIR HIGH SCHOOL
    Grades 6-12 | Public School

    PASADENA, CA 91106
    1135 S EUCLID AVE
    626-441-2201
    1.7
    miles

    Total Students 1009
    Student Teacher Ratio 17:1

    School Rating

    3 stars View School Details
    Other Nearby Schools Distance Type Grades School Rating Parent Rating
    St. Philip The Apostle 0.4 mi Catholic K-8
    Halstrom Academy - Pasadena 0.4 mi Private 6-12
    Method Schools High 0.4 mi Public 9-12
    Method Schools K-8 0.4 mi Public K-8
    Lycee International Of Los Angeles 0.4 mi Private PRESCHOOL-5
    Lycee International De Los Angeles 0.4 mi Private PRESCHOOL-12
    Lake Avenue Church School 0.6 mi Private PRESCHOOL-K
    Jefferson Elementary School 0.6 mi Public PRESCHOOL-5
    Twilight Adult 0.6 mi Public -
    Rose City High (continuation) School 0.6 mi Public 9-12
    Polytechnic School 0.8 mi Private K-12
    Friends Western School 1.1 mi Private K-5
    Mayfield Junior School 1.1 mi Catholic K-8
    Hamilton Elementary School 1.1 mi Public PRESCHOOL-5
    Villa Esperanza Services School 1.1 mi Private 1-12
    Madison Elementary School 1.2 mi Public PRESCHOOL-5
    St. Gregory's A. And M. Hovsepian School 1.2 mi Private PRESCHOOL-8
    Our School 1.2 mi Private PRESCHOOL-K
    Marshall Fundamental School 1.3 mi Public 6-12

    Local Area Information for Pasadena, CA 91106

    Median Age: 36.8
    Married: 33.8%
    Number of Households: 10,744
    Households with Children: 2,122
    • Occupancy Types
      • 0 Vacant
      • 0 Owned
      • 0 Rented
    • Transportation to Work
      • 0 Drive
      • 0 Public Transportation
      • 0 Walk / Bike / Other
      • 0 Work at Home
    (in Degrees Fahrenheit)
      Visit Area Info Page

      Copyright © 2017 Combined LA Westside Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. 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.
      Community information and market data Powered by Onboard Informatics. Copyright ©2016 Onboard Informatics. Information is deemed reliable but not guaranteed.
      Sources: Maponics, LLC and Onboard Informatics ©2016. School Performance data by SchoolDigger.com. School Review data by Niche.com. This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.
      † Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.