39 N Michigan Avenue

Pasadena, CA 91106

PRICE REDUCED

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-$100,015 (-6.25%)

$1,499,985

List Price

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1910

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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

Listing Information

List Price $1,499,985
Status Active
MLS PW24242240
HOA $0
Type Residential Income
Subtype Mixed Use
Year Built 1910
Lot Size 8,795
Structure Size N/A
DOM 91
Courtesy Of Millennium 3 Real Estate
Listing Agent Len Beckman DRE#00989193

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Listing information courtesy of: Len Beckman, Millennium 3 Real Estate . *Based on information from the Association of REALTORS/Multiple Listing as of Mar 6th, 2025 at 1:37 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.