15-unit apartment building in the highly-desirable city of Pasadena, California. This offering presents a rare opportunity for an investor to acquire a very well-located apartment community with low tenant turnover in one of the strongest sub-markets in the West San Gabriel Valley. Located within walking distance of the world-renowned California Institute of Technology, and Pasadena City College. Has high "walkability" to a variety of nearby amenities such as restaurants, shops, health clubs and entertainment venues.
This property is a three story building built in 1987. Offers a superb mix of one (1) 3bed + 2-1/2 bath townhouse style, two (2) 3bed + 2bath, and twelve (12) 2bed+1bath units. Total building is 15,714 sq ft which translates to a large average unit size per unit. Each unit is separately metered for electricity and gas, and equipped with stackable washer/dryers, private balcony(ies), dishwashers, microwaves and refrigerators. It is modernly equipped with copper pipe plumbing, elevator, fire sprinkler system, secured entrance, intercom system and CCTV cameras.
Parking is provided by subterranean parking, with a total of 29 parking and storage spaces in the parking area.
Sold for $4,300,000
Listed by: Westside Management Group • Michael Belzer • Contact: 310-849-5432
Bought with: Keller Williams Realty Calabasas
$4,300,000
144 N Michigan Ave, Pasadena, CA 91106
33beds
19baths
19,994sqft
Mixed Use
Built in 1987
-- sqft lot
$4,300,400 Zestimate®
$215/sqft
$1,940 Estimated rent
Home value
$4,300,400
$3.91M - $4.73M
$1,940/mo
Zestimate® history
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List your homeWhat's special
Secured entranceThree story buildingSubterranean parkingCctv camerasFire sprinkler systemIntercom system
Zillow last checked:
Listing updated:
Listed by:
Michael Belzer DRE #01034197 310849-5432,
Westside Management Group
Bought with:
Jared Levine, DRE #01804008
Keller Williams Realty Calabasas
Source: CRMLS,MLS#: SB26044815
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 33
- Bathrooms: 19
Rooms
- Room types: Bedroom, Kitchen
Bedroom
- Features: All Bedrooms Down
Heating
- Natural Gas, Wall Furnace
Cooling
- Electric, Wall/Window Unit(s)
Appliances
- Included: Dishwasher, Disposal, Gas Oven, Gas Range, Microwave, Refrigerator, Dryer, Washer
- Laundry: Stacked
Features
- Balcony, Ceiling Fan(s), Elevator, Granite Counters, Intercom, Laminate Counters, Multiple Staircases, Storage, All Bedrooms Down
- Flooring: Carpet, Laminate, Tile
- Windows: Blinds, Screens
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 19,994
- Total interior livable area: 19,994 sqft
Property
Parking
- Total spaces: 29
- Parking features: Assigned, Controlled Entrance, Concrete, Covered, Driveway Down Slope From Street, Direct Access, Electric Gate, Garage, Gated, On Site, Storage
- Garage spaces: 29
Features
- Levels: Three Or More
- Stories: 3
- Entry location: 1
- Exterior features: Lighting, Rain Gutters
- Pool features: None
- Spa features: None
- Fencing: None
- Has view: Yes
- View description: None
Lot
- Size: 0.35 Acres
- Features: Landscaped, Near Public Transit, Sprinkler System
Details
- Parcel number: 5738019028
- Special conditions: Standard,No Smoking
- Other equipment: Intercom
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Contemporary
- Property subtype: Mixed Use
- Attached to another structure: Yes
Materials
- Copper Plumbing
- Roof: Asphalt
Condition
- Turnkey
- New construction: No
- Year built: 1987
Utilities & green energy
- Electric: Standard
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Underground Utilities, Water Connected
Community & HOA
Community
- Features: Storm Drain(s), Street Lights, Sidewalks, Urban
- Security: Closed Circuit Camera(s), Carbon Monoxide Detector(s), Fire Detection System, Fire Sprinkler System, Security Gate, Smoke Detector(s), Security Lights
Location
- Region: Pasadena
Financial & listing details
- Price per square foot: $215/sqft
- Annual tax amount: $84,414
- Date on market: 3/13/2026
- Cumulative days on market: 59 days
- Listing terms: Cash,Conventional,1031 Exchange
- Total actual rent: 35918
- Tenant pays: Cable TV, Electricity, Gas, Insurance, Telephone
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 6/10/2026 | Sold | $4,300,000-24.6%$215/sqft |
Source:  CRMLS #SB26044815 Report a problem | ||
| 5/13/2026 | Pending sale | $5,700,000$285/sqft |
Source: CRMLS #SB26044815 Report a problem | ||
| 4/10/2026 | Price change | $5,700,000-3.4%$285/sqft |
Source: CRMLS #SB26044815 Report a problem | ||
| 3/13/2026 | Listed for sale | $5,900,000$295/sqft |
Source: CRMLS #SB26044815 Report a problem | ||
| 9/4/2022 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 8/30/2022 | Listed for rent | $2,495 |
Source: Zillow Rental Manager Report a problem | ||
| 7/20/2022 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 7/18/2022 | Listed for rent | $2,495-16.7% |
Source: Zillow Rental Manager Report a problem | ||
| 3/16/2022 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 3/9/2022 | Listed for rent | $2,995+36.4% |
Source: Zillow Rental Manager Report a problem | ||
| 5/10/2021 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 5/8/2021 | Listed for rent | $2,195 |
Source: Zillow Rental Manager Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: West Central
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Nearby schools
GreatSchools rating
- 2/10McKinley SchoolGrades: K-8Distance: 0.8 mi
- 4/10Blair High SchoolGrades: 6-12Distance: 2 mi
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Estimated market value
$4,300,400
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Estimated market value
$4,300,400
- California
- Los Angeles County
- Pasadena
- 91106
- West Central
- 144 N Michigan Ave
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