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144 N Michigan Pasadena, CA 91106

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For Sale
$5,700,000

15-unit apartment building in desirable Pasadena location.

Type:Investment
Property size:
15,714 SF
Added:
Apr 24, 2026
Days on Market:
4
Last Refresh:
Apr 24 at 4:35 pm

Property Features for 144 N Michigan

General Information

Standard status
Active
Size
15,714 SF
Property subtype
Investment

Building Details

Year Built
1987

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Listing Contact
Michael Belzer

Listing agent Michael Belzer

Listing office

Listing date Apr 24, 2026

Source Elliman

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Michael Belzer


Overview

Pasadena Apartment Building Opportunity

This 15-unit apartment building is located in Pasadena, California. Constructed in 1987, the three-story building contains 15,714 square feet. The unit mix includes one 3-bed, 2.5-bath townhouse-style unit, two 3-bed, 2-bath units, and twelve 2-bed, 1-bath units. Each unit includes stackable washer/dryers, private balconies, dishwashers, microwaves, and refrigerators. The building is equipped with copper pipe plumbing, an elevator, a fire sprinkler system, a secured entrance, an intercom system, and CCTV cameras. The property provides 29 subterranean parking and storage spaces. Each unit is separately metered for electricity and gas. The property is located within walking distance of the California Institute of Technology and Pasadena City College. The location offers access to restaurants, shops, health clubs, and entertainment venues. The property has a bike score of 76, indicating it is very bikeable, a walk score of 83, indicating it is very walkable, and a transit score of 51, indicating good transit.
Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Restaurant Law Firm Real Estate Agency Spa & Massage Center Hair Salon Dental Office Nail Salon Food Market Grocery & Convenience Store Daycare Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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City
Pasadena
County
Los Angeles
State
California
Longitude
-118.1251077
Latitude
34.1485276

FAQs

What type of property is this?
Apartment building - 15-unit apartment building in desirable Pasadena location.
Where is this apartment building located?
The property is located at 144 N Michigan Pasadena, CA.
What is the asking price?
The asking price for this property is $5,700,000.
What are key features of this property?
This property features: Prime Pasadena location, walking distance to Caltech and Pasadena City College.; Desirable unit mix: one 3bed/2.5bath, two 3bed/2bath, and twelve 2bed/1bath units.; Large average unit size within a 15,714 sq ft building.
More about this property
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