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136 Michigan Avenue, Pasadena, CA 91106
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136 Michigan Avenue
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  • MLS#: AR24101220 ( Commercial/Residential )
  • Street Address: 136 Michigan Avenue
  • Viewed: 2
  • Price: $5,960,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1952
  • Bldg sqft: 0
  • Days On Market: 180
  • Additional Information
  • County: LOS ANGELES
  • City: Pasadena
  • Zipcode: 91106
  • Provided by: IRN Realty
  • Contact: Jennifer Jennifer
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    Exceptional investment opportunity:Bring offers for this beautiful 4 BUiLDINGS , sale is for 2 parcels 130 and 136 S. Michigan Ave. total 18 units must be sold together. 100% leased. 11400 sq ft living area, 22058 lot size. Property located in a quiet street walking distance to the Cal Tech, PCC, Old town, Shopping center on Lake Ave. Hardly any vacancy, usually rented within 1 week, easy to manage.The property offers an investor the rare opportunity to own an excellent portfolio of real estate in one of the most coveted submarkets in the San Gabriel Valley. The property, roof. most of the windows, kitchen and bathroom was updated in 2012. It is a two story garden style apartment with 11 Studios 500 sq.ft. 4 1Bedroom 665 sq. ft and 3 2Bedrooms 750 sq. ft (2unit) 1100 sq.ft. (1unit) Sold As Is.
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Features
Additional Parcels Description
  1. 5735009008
Appliances
  1. Gas Oven
  2. Gas Range
  3. Gas Water Heater
  4. Refrigerator
Association Fee
  1. 0.00
Building Area Total
  1. 11400.00
Carport Spaces
  1. 11.00
Commoninterest
  1. None
Common Walls
  1. 2+ Common Walls
Cooling
  1. Wall/Window Unit(s)
Country
  1. US
Days On Market
  1. 140
Entry Location
  1. front
Garage Spaces
  1. 1.00
Gardner Expense
  1. 4830.00
Heating
  1. Central
Insurance Expense
  1. 7526.00
Laundry Equipment Own Lease
  1. Own
Laundry Features
  1. Community
Levels
  1. Two
Lockboxtype
  1. None
  2. See Remarks
Lot Features
  1. 16-20 Units/Acre
  2. Garden
  3. Lot 20000-39999 Sqft
Netoperatingincome
  1. 259210.00
Newtaxesexpense
  1. 66000.00
Number Of Separate Electric Meters
  1. 18
Number Of Separate Gas Meters
  1. 18
Number Wallac
  1. 18
Number With Range
  1. 18
Number Wit Hrefrigerator
  1. 18
Parcel Number
  1. 5735009009
Parking Features
  1. Assigned
Pool Features
  1. None
Professionalmanagementexpense
  1. 0.00
Property Type
  1. Commercial/Residential
Roof
  1. Shingle
Security Features
  1. Smoke Detector(s)
Sewer
  1. Public Sewer
Sourcesystemid
  1. CRM
Sourcesystemkey
  1. 415104917:CRM
Suppliesexpense
  1. 2443.00
Totalactualrent
  1. 29740.00
Totalexpenses
  1. 97670.00
Trash Expense
  1. 6914.00
Uncovered Spaces
  1. 7.00
Water Sewer Expense
  1. 9800.00
Water Source
  1. Public
Year Built
  1. 1952
Year Built Source
  1. Assessor
Zoning
  1. PSR4