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39 N MICHIGAN AVE, Pasadena, California

$2,195,000Active

39 N MICHIGAN AVE, Pasadena, California 91106
- MLS® ID: 17261270

Property Details

39 N MICHIGAN AVE, Pasadena, California 91106 - DEVELOPERS Dream & Great for Investors as well!! One of highest density in Pasadena, Zoned RM-48 (48 unit per Acre) on a 8,792 SF LOT! Positioned on quiet, tree-lined street street walking distance to shops & restaurants. All along the street on beautiful condominium developments making this ready to be the next development. Close to Cal Tech, PCC, schools & transportation. Currently being rented as units bringing in great rents of approx $7,200 per month. Perfect while waiting for City plan approval for development. The configuration of the existing house give investors potential to operate existing property with great rental income. Inspection ONLY upon accepted offer. DO NOT DISTURB OR TALK TO TENANTS NOR WALK ONTO PROPERTY. Buyer to verify all information.

Amenities

  • Zip91106
  • CountyLos Angeles
  • StatusActive
  • Purchase TypeActive
  • Property typeVacant Land
  • Zoning typePSR4
  • Lot size8792
  • MLS® ID17261270

Listing Courtesy of RE/MAX Commercial and Investment Realty

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“Brady handled all aspects of the sale of our property. His support team too were professional, courteous and responsive. I feel we got our money's worth. Strongly recommend Brady.”

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