M
Seller's Agent in 2026
Michael Belzer
Westside Management Group
(818) 459-6091
1 in this area
3 Total Sales
144 N Michigan Ave Pasadena, CA 91106
Playhouse Village Neighborhood
22
Beds
13
Baths
19,994
Sq Ft
0.35
Acres Lot
Highlights
- All Bedrooms Downstairs
- 0.35 Acre Lot
- Contemporary Architecture
- Auto Driveway Gate
- Dual Staircase
- Property is near public transit
About This Home
As of June 202615-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.
Last Agent to Sell the Property
Westside Management Group Brokerage Phone: 310 849-5432 License #01034197 Listed on: 03/13/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $84,415
Year Built
- Built in 1987
Lot Details
- 15,443 Sq Ft Lot
- Two or More Common Walls
- West Facing Home
- Landscaped
- Sprinkler System
Parking
- 29 Car Direct Access Garage
- Parking Storage or Cabinetry
- Parking Available
- Driveway Down Slope From Street
- Auto Driveway Gate
- Assigned Parking
- Controlled Entrance
Home Design
- Contemporary Architecture
- Property Attached
- Entry on the 1st floor
- Turnkey
- Asphalt Roof
- Copper Plumbing
Interior Spaces
- 19,994 Sq Ft Home
- 3-Story Property
- Elevator
- Dual Staircase
- Ceiling Fan
- Blinds
- Window Screens
- Storage
Kitchen
- Gas Oven
- Gas Range
- Microwave
- Dishwasher
- Granite Countertops
- Formica Countertops
- Disposal
Flooring
- Carpet
- Laminate
- Tile
Bedrooms and Bathrooms
- 22 Bedrooms
- All Bedrooms Down
- 13 Bathrooms
Laundry
- Laundry in unit
- Stacked Washer and Dryer
Home Security
- Security Lights
- Intercom
- Closed Circuit Camera
- Carbon Monoxide Detectors
- Fire and Smoke Detector
- Fire Sprinkler System
Outdoor Features
- Balcony
- Exterior Lighting
- Rain Gutters
Location
- Property is near public transit
- Urban Location
Utilities
- Cooling System Mounted To A Wall/Window
- Heating System Uses Natural Gas
- Wall Furnace
- Underground Utilities
- Natural Gas Connected
- Phone Available
- Cable TV Available
Listing and Financial Details
- Tenant pays for insurance, gas, telephone, cable TV, electricity
- Legal Lot and Block 28 / 2
- Tax Tract Number 100
- Assessor Parcel Number 5738019028
- $4,085 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 15 Units
Building Details
- 15 Leased Units
- Rent Control
- 15 Separate Electric Meters
- 15 Separate Gas Meters
- Electric Expense $4,800
- Gardener Expense $3,600
- Insurance Expense $28,528
- Maintenance Expense $172,406
- Pest Control $780
- Professional Management Expense $17,241
- Trash Expense $31,392
- Water Sewer Expense $7,796
- Security Expense $2,616
- Operating Expense $273,437
- Gross Income $431,016
- Net Operating Income $257,963
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Home Values in the Area
Average Home Value in this Area
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/10/2026 06/10/26 | Sold | $4,300,000 | -24.6% | $215 / Sq Ft |
| 05/11/2026 05/11/26 | Pending | -- | -- | -- |
| 04/10/2026 04/10/26 | Price Changed | $5,700,000 | -3.4% | $285 / Sq Ft |
| 03/13/2026 03/13/26 | For Sale | $5,900,000 | -- | $295 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Agents Affiliated with this Home
-
Michael Belzer
-
Jared Levine
Buyer's Agent in 2026
Jared Levine
Keller Williams Realty Calabasas
(818) 657-6500
1 in this area
15 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB26044815
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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