39 Michigan ave, Pasadena, CA 91106

Active

$1,499,985

8 Units

8 Beds

4 Baths

2,256 Area(sq.ft.)

Lot: 8,795 Lot Size(sq.ft.)

Type	# of Units	Bedroom	Bath	Furnished	Rent	Actual Rent	Projected Rent
Unit 1	8	8	4		n/a	n/a	n/a
	8	64	32		$ 0	$ 0	$ 0

MLS #:	PW24242240MR
Days On Market:	367
Listing Date:	December 4, 2024
County:	Los Angeles
Property Type:	Residential Income
Price per ft²:	$ 665
Price per unit:	$ 187,498
Year Built:	1910

Income Details / Structure / Land & Parking / Interior Features / Exterior Features

Property Details

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<> Each level has its own kitchen <> 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