This Multifamily Property is no longer advertised on LoopNet.com.

176 N Michigan Ave
Pasadena, CA 91106
 Multifamily Property For Sale · 5 Units

Apartment Buildings California Pasadena 176 N Michigan Ave, Pasadena, CA 91106

INVESTMENT HIGHLIGHTS

  • Excellent Location, Walking Distance to California Institute of Technology, Pasadena City College, and Old Town Pasadena
  • 4.4% Cap Rate with Current Rents, 5.2% Cap Rate with Market Rents
  • Pride-Of-Ownership Turnkey Investment Property with Strong in Place Rents
  • Ideal Unit Mix with 1- and 2-Bedroom Units

PROPERTY FACTS

No. Units 5
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 0.18 AC
Building Size 3,506 SF
Average Occupancy 100%
No. Stories 2
Year Built 1898
Parking Ratio 1.43/1,000 SF
Zoning PSR4

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 2 $1,735 657
2+1 3 $2,466 850
 

  • Listing ID: 27196492

  • Date on Market: 11/28/2022

  • Last Updated:

  • Address: 176 N Michigan Ave, Pasadena, CA 91106

More public record information on 176 N Michigan Ave, Pasadena, CA 91106

The Catalina Villas Multifamily Property at 176 N Michigan Ave, Pasadena, CA 91106 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.

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