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$950,000
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Property Description
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
Full Property Details
Full Property Details for 39 N Michigan Ave
General
- Sold For: $950,000
- Status: Closed
- Type: Multi-Family
- Source: MRMLS
- MLS ID: PW24242240
- Added to Site: 410 day(s) ago
Rooms
Other Rooms
- Laundry: Inside
Additional Information
- Pool Description: None
Parking
- Garage Spaces: 2
- Parking Features: Concrete
- Parking: Concrete
Location
- Area: 648 - Pasadena (SE)
- County: Los Angeles
- Development Name: 648 - Pasadena (SE)
- Driving Directions: michigan south of main street DO NOT DISTURB OCCUPANTS
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 1
- # Electric Meters: 1
Structural Information
- Entry Location: front/rear
- Stories/Levels: Three Or More
- Stories Description: Three Or More
- Square Feet: 2,256
- Year Built: 1910
Lot Features
- Lot Size (Acres): 0.2019
- Lot Size Source: Assessor
- Zoning: PSR4
- Lot Description: Landscaped
Financial Considerations
- Price Per Sq. Ft.: $421.1
- Price Per Unit: 187498
Listed by Millennium 3 Real Estate, Len Beckman
Sold by eXp Realty of Greater L.A. Inc, Terry Quan
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Schools
Schools serving 39 N Michigan Ave
School District:Pasadena Unified School District
| Name | Grades | Distance |
|---|---|---|
McKinley School 325 South Oak Knoll Avenue, Pasadena, CA 91101 | K-5 | 0.8 mi |
Blair High School 1201 South Marengo Avenue, Pasadena, CA 91106 | 6-8 | 1.8 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 39 N Michigan Ave
Date
Details
Price
Change
Source
7/23/2025
Sold
$950,000
-36.67%
MLS
3/05/2025
Price Reduced
$1,499,985
—
MLS
2/17/2025
Price Reduced
$1,499,987
—
MLS
1/27/2025
Price Reduced
$1,499,988
-6.25%
MLS
12/04/2024
Listed
$1,600,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
39 N Michigan Avenue, Pasadena, CA 91106 (MLS# PW24242240) is a Multi-Family property that was sold at $950,000 on July 23, 2025. Want to learn more about 39 N Michigan Avenue? Do you have questions about finding other Multi-Family real estate for sale in Pasadena? You can browse all Pasadena real estate or contact a Coldwell Banker agent to request more information.

