NOT LISTED FOR SALE

39 N Michigan Ave Pasadena, CA 91106

Playhouse Village Neighborhood

Estimated Value: $936,547 - $1,011,000

8 Beds
4 Baths
2,256 Sq Ft
$428/Sq Ft Est. Value

Sale Details

Date Sold: July 23, 2025

Last sale price $950,000 $421 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $5,239 / mo

170 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • Landscaped

About This Home

As of July 2025

This Licensed Rooming House sits 100 yards from the TOURNAMENT OF ROSES ROUTE! A well maintained turn of the century Craftsman home with 8 bedrooms and 4 baths, it is currently used as a licensed boarding house (county information is not complete). Plenty of redevelopment on Michigan due to lot size, for multi units or a large residence

It's unique two story layout with basement includes five bedrooms down and 3 bedrooms up Bathrooms total 4; each level has a common bathroom , plus a full bathroom in units#2 and unit#3. The home includes a basement AND an attic, a detached garage total of 9 parking places, 8 in the rear and 1 in the front. Currently being used as a licensed boarding house with good occupants and steady income. Highest and best use? Your call! A great opportunity for a large family, homeowner, investor and developer in the great city of Pasadena

PLEASE DO NOT DISTURB THE OCCUPANTS DRIVE BY ONLY We will arrange interior look for qualified investors/buyers. The on-site property manager and occupants would love to remain in the property...interested buyers/investors, please specify your anticipated use in your offers

Last Agent to Sell the Property

Len Beckman

Millennium 3 Real Estate Brokerage Phone: 714-267-1413 License #00989193 Listed on: 12/04/2024

Last Buyer's Agent

terry quan

eXp Realty of Greater L.A. Inc License #02251195

eXp Realty of Greater L.A. Inc

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

  • 8,795 Sq Ft Lot
  • No Common Walls
  • Landscaped

Parking

  • 2 Car Garage
  • 2 Carport Spaces
  • Parking Available

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 2,256 Sq Ft Home
  • 3-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Location

  • Urban Location

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 5738013012
  • $641 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 8 Units

Building Details

  • Rent Control
  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $11,400
  • Fuel Expense $1
  • Insurance Expense $5,016
  • Maintenance Expense $2,880
  • Professional Management Expense $9,240
  • Trash Expense $1
  • Water Sewer Expense $6,000
  • Operating Expense $1
  • Gross Income $1
  • Net Operating Income $34,900

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

8,795 Sq Ft Lot

Parking

2

Listing Details

  • Professional Management Expense: 9240.00
  • Property Attached: No
  • Road Frontage Type: City Street
  • Water Sewer Expenses: 6000.00
  • Zoning: PSR4
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Parcel Number: 5738013012
  • Year Built: 1910
  • Special Features: None

Interior Features

  • Stories: 3
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Levels: Three Or More
  • Price Per Square Foot: 421.10

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 2.00
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Concrete
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 1.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped
  • Lot Size Sq Ft: 8795.00
  • Lot Size Acres: 0.2019

Multi Family

  • Electric Expense: 11400.00
  • Fuel Expense: 1.00
  • Gross Income: 1.00
  • Gross Scheduled Income: 82560.00
  • Insurance Expense: 5016.00
  • Lot Size Area: 8795.0000 Square Feet
  • Maintenance Expense: 2880.00
  • Net Operating Income: 34900.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 8
  • Operating Expense: 46590.00
  • Rent Control: Yes
  • Total Expenses: 1.00

Tax Info

  • Tax Census Tract: 4623.02
  • Tax Lot: 3
  • Tax Tract Number: E/ave
  • TaxOtherAnnualAssessmentAmount: 641.00

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2024
Closed on
Jul 28, 2025
Sold by
Bought by
Seller's Agent
Len Beckman
Millennium 3 Real Estate
Buyer's Agent
terry quan
eXp Realty of Greater L.A. Inc
List Price
$1,600,000
Sold Price
$950,000
Premium/Discount to List
-$650,000
-40.62%
Views
167
Current Estimated Value
$965,137

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,137
Avg. Annual Appreciation
1.88%
Original Mortgage
$665,000
Outstanding Balance
$663,303
Interest Rate
6.84%
Mortgage Type
New Conventional
Estimated Equity
$301,834

Purchase Details

Listed on
Dec 4, 2024
Closed on
Jul 21, 2025
Sold by
Bought by
Seller's Agent
Len Beckman
Millennium 3 Real Estate
Buyer's Agent
terry quan
eXp Realty of Greater L.A. Inc
List Price
$1,600,000
Sold Price
$950,000
Premium/Discount to List
-$650,000
-40.62%
Views
167

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$665,000
Outstanding Balance
$663,303
Interest Rate
6.84%
Mortgage Type
New Conventional
Estimated Equity
$301,834

Purchase Details

Closed on
Feb 28, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
6.18%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 24, 2005
Sold by
Bought by

Purchase Details

Closed on
Mar 15, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 10, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 6, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 31, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
6.98%

Purchase Details

Closed on
Aug 3, 1995
Sold by
Bought by

Purchase Details

Closed on
Oct 27, 1994
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase 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 Buyer Sale Price Title Company
-- None Listed On Document
$950,000 Fidelity National Title
$800,000 United Independent Title Co
-- --
$688,000 Chicago Title Co
-- --
$627,000 California Title
-- Chicago Title Co
-- --
-- --
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Open $665,000
Previous Owner $480,000
Previous Owner $400,000
Previous Owner $300,000
Previous Owner $157,500
Closed $87,500
Source: Public Records

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
07/23/2025 07/23/25 Sold $950,000 -36.7% $421 / Sq Ft
03/05/2025 03/05/25 Price Changed $1,499,985 0.0% $665 / Sq Ft
02/17/2025 02/17/25 Price Changed $1,499,987 0.0% $665 / Sq Ft
01/27/2025 01/27/25 Price Changed $1,499,988 -6.3% $665 / Sq Ft
12/04/2024 12/04/24 For Sale $1,600,000 -- $709 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax 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.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,406 $56,492 $44,507 $11,985
2024 $1,255 $55,385 $43,635 $11,750
2023 $1,242 $54,300 $42,780 $11,520
2022 $1,211 $53,237 $41,942 $11,295
2021 $1,162 $52,194 $41,120 $11,074
2019 $1,133 $50,648 $39,901 $10,747
2018 $1,032 $49,656 $39,119 $10,537
2017 $1,008 $48,683 $38,352 $10,331
2016 $958 $47,729 $37,600 $10,129
2015 $946 $47,013 $37,036 $9,977
2014 $948 $46,093 $36,311 $9,782
Source: Public Records

Agents Affiliated with this Home

  • Len Beckman

    Seller's Agent in 2025

    Len Beckman

    Millennium 3 Real Estate

    (714) 267-1413

    1 in this area

    33 Total Sales

    Len Beckman
    Section Image

  • t

    Buyer's Agent in 2025

    terry quan

    eXp Realty of Greater L.A. Inc

    (626) 800-9938

    1 in this area

    1 Total Sale

    terry quan
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW24242240

California Regional Multiple Listing Service (CRMLS)

APN: 5738-013-012

California Los Angeles County Pasadena 91106 Playhouse Village

39 N Michigan Ave, Pasadena, CA

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.

California Regional Multiple Listing Service (CRMLS) 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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