165 N Michigan Avenue, Pasadena, CA 91106 – CRPW25052653

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Sean Beattie Jr.

info@seanbeattiejr.com +1(415) 845-8732

Listed by Ryan Loria • Triqor Group

$21,000,000

Est. payment - /mo

42,843 SqFt

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UPDATED:

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 42,843 sqft

Price per Sqft $490

MLS Listing ID CRPW25052653

HOA Y/N No

Year Built 1964

Lot Size 0.517 Acres

Property Sub-Type Other

Source Datashare California Regional

Property Description

We are pleased to present Michigan Apartments, a 46-unit apartment community situated in the heart of Pasadena, near California Institute of Technology, Pasadena City College, and Downtown Pasadena. The property features an excellent unit mix consisting of majority 2-bedroom 2-bath units with large patios/balconies, high-end finishes, and all new windows and sliders. The building has undergone major capital improvements such as a new electrical system, newly installed copper plumbing, new roof (2020), rebuilt laundry facility with state-of-the-art equipment, and a brand-new elevator taking tenants from the lower levels to the top floor penthouse units and roof access. The interiors have been tastefully renovated with quartz countertops, new cabinetry, stainless steel appliances, recessed LED lighting, laminate wood flooring, remodeled bathrooms, and new wall HVAC units. The top floor penthouse units are large, have beautiful views, central A/C, and expansive outdoor space. Other features include an outdoor area that can be used as a recreational space for tenants to relax and entertain guests, gated subterranean parking, controlled access, updated landscaping, and a new top-of-the-line security camera system. Current management has implemented a Ratio Utility Billing System (RUBS

Location

State CA

County Los Angeles

Interior

Fireplace No

Laundry Other

Building

Lot Description Irregular Lot

Water Public

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Sean Beattie Jr.

+1(415) 845-8732

Agent | CA DRE# 01944311

Agent CA DRE# 01944311

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165 N Michigan Avenue Pasadena, CA 91106

Sean Beattie Jr.

Key Details

Location

Interior

Building

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