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Sold for $950,000 on 07/23/25
  • Listing Provided by: 

    Len Beckman DRE #00989193 714-267-1413,

    Millennium 3 Real Estate

    Bought with: eXp Realty of Greater L.A. Inc
    $950,000

    39 N Michigan Ave, Pasadena, CA 91106

    64beds
    32baths
    2,256sqft
    Mixed Use
    Built in 1910
    -- sqft lot
    $945,000 Zestimate®
    $421/sqft
    $2,565 Estimated rent

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    $2,565/mo

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    $2,565/mo

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    $5,804/mo

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    $5,804/mo

    Est. payment

    What's special

    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

    Zillow last checked: 8 hours ago

    Listing updated: July 24, 2025 at 01:40pm

    Listing Provided by:

    Len Beckman DRE #00989193 714-267-1413,

    Millennium 3 Real Estate

    Bought with:

    Terry Quan, DRE #02251195

    eXp Realty of Greater L.A. Inc

    Source: CRMLS,MLS#: PW24242240MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 64
    • Bathrooms: 32
    Appliances
    • Laundry: Inside
    Features
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 2,256
    • Total interior livable area: 2,256 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Concrete
    • Garage spaces: 2
    • Carport spaces: 2
    • Covered spaces: 4
    Features
    • Levels: Three Or More
    • Stories: 3
    • Entry location: front/rear
    • Pool features: None
    Lot
    • Size: 8,795 sqft
    • Features: Landscaped
    Details
    • Parcel number: 5738013012
    • Zoning: PSR4
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Mixed Use
    Condition
    • New construction: No
    • Year built: 1910

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Urban
    Location
    • Region: Pasadena

    Other

    Other facts
    • Listing terms: Cash,Cash to New Loan,Submit
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    Estimated market value
    $945,000