NOT LISTED FOR SALE

488 N Michigan Ave Pasadena, CA 91106

Northwest Pasadena Neighborhood

Estimated Value: $1,150,500 - $1,322,000

4 Beds
3 Baths
-- Sq Ft
7,318 Sq Ft Lot

Last Sold September 24, 2014

Last sale price $590,000

Est. 115% increase in value since last sale

Current estimated payment $7,613/month

17 Days on Market

Highlights

  • Craftsman Architecture
  • Corner Lot
  • Forced Air Heating and Cooling System
  • Pasadena High School Rated A
  • Laundry Room

About This Home

As of September 2014

Triplex fixer. 2 buildings on a 7405 sqft corner lot. 1912 built Craftsman Bungalow front house features 2 bedrooms with den and 1 bath. On the Villa Avenue side is a 1986 built duplex (1 bed 1 bath each) that are both above a 3-car and a 2-car garage. 3 gas, 3 electric, and 2 water meters. Lots of original character and built-ins. Conveniently located minutes from Cal-Tech, Pasadena City College, shopping and transportation. No sign. Drive by only. Probate with no court confirmation needed. Do not disturb occupants, and don't go on property please.

Last Agent to Sell the Property

Michael Bell

Sotheby's International Realty, Inc. License #01164731 Listed on: 07/25/2014

Sotheby's International Realty, Inc.

Last Buyer's Agent

Michael Bell

Sotheby's International Realty, Inc. License #01164731 Listed on: 07/25/2014

Sotheby's International Realty, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1912

Lot Details

  • 7,322 Sq Ft Lot
  • Corner Lot

Parking

  • 5 Car Garage
  • Parking Available
  • Driveway

Home Design

  • Craftsman Architecture
  • Bungalow
  • Fixer Upper

Interior Spaces

  • Living Room with Fireplace
  • Laminate Flooring
  • Laundry Room

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 5739012024

Community Details

Overview

  • Not Applicable 1007242 Subdivision

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 2 Separate Water Meters
  • Gross Income $5

Property Details

Home Type

Multi-Family

Year Built

Built in 1912

Lot Details

7,322 Sq Ft Lot

Parking

5

Listing Details

  • Subdivision Name Other: Not Applicable - 1007242
  • Zoning: PSR6
  • Architectural Style: Craftsman, Bungalow
  • Property Condition: Fixer
  • Property Type: Residential Income
  • Parcel Number: 5739012024
  • Year Built: 1912
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Flooring: Laminate
  • Appliances: Yes
  • Fireplace Features: Living Room
  • Levels: One, Two

Garage/Parking

  • Garage Spaces: 5.00
  • Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 5.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Water Heater
  • Heating Type: Forced Air, Natural Gas
  • Laundry Features: Inside
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Lot Info

  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 7322.00

Multi Family

  • Gross Operating Income: 5.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 6, 2025
Sold by
Yuen Joseph Tak-Yan and Choo Kun
Bought by
Choo Yuen Trust and Yuen
Current Estimated Value
$1,271,125

Purchase Details

Closed on
Jul 24, 2014
Sold by
Vineyard Debra Lynn and Estate Of Barbara Vineyard Ste
Bought by
Leung Cheung Adam Kan and Cheung Nernie Rose
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

Date Buyer Sale Price Title Company
Choo Yuen Trust -- None Listed On Document
Leung Cheung Adam Kan $627,000 Fidelity National Title Co
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/24/2014 09/24/14 Sold $590,000 0.0% --
08/11/2014 08/11/14 Pending -- -- --
07/25/2014 07/25/14 For Sale $590,000 -- --
Source: Pasadena-Foothills Association of REALTORS®

Tax History

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 $9,852 $841,286 $588,902 $252,384
2024 $9,852 $824,791 $577,355 $247,436
2023 $9,768 $808,620 $566,035 $242,585
2022 $9,436 $792,766 $554,937 $237,829
2021 $9,052 $777,222 $544,056 $233,166
2020 $8,700 $769,254 $538,478 $230,776
2019 $8,720 $754,171 $527,920 $226,251
2018 $8,844 $739,384 $517,569 $221,815
2016 $8,550 $710,674 $497,472 $213,202
2015 $9,108 $758,000 $490,000 $268,000
2014 $2,937 $214,972 $24,978 $189,994
Source: Public Records

Agents Affiliated with this Home

  • Michael Bell

    Seller's Agent in 2014

    Michael Bell

    Sotheby's International Realty, Inc.

    (626) 796-4100

    2 in this area

    117 Total Sales

    Michael Bell
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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P0-214023680

Pasadena-Foothills Association of REALTORS®

APN: 5739-012-024

California Los Angeles County Pasadena 91106 Northwest Pasadena

488 N Michigan Ave, Pasadena, CA

Not Listed for Sale

MultiFamily

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