130 South Michigan Avenue Pasadena, CA ^$ 4,880,000

130 South Michigan Avenue

^$ 4,880,000

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130 South Michigan Avenue

Pasadena, CA, 91106

^$ 4,880,000

Studio Baths0.0 Sq 10,672

Monthly Estimate*

^$ 30,047

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Studio

Multi-Family Home for sale in Pasadena, CA

for $4,880,000. This 10,672 square foot home was built in 1950 on a lot size of 0.51.

We are pleased to present 130-136 S. Michigan Avenue, situated in the highly desirable South Lake Pasadena submarket, one of the city's most vibrant and walkable neighborhoods. Just minutes from Old Town Pasadena and the Playhouse Village, the property benefits from a prime infill location surrounded by retail, dining, and everyday amenities along South Lake Avenue. The area offers a strong live-work-play environment, with convenient access to national retailers, local boutiques, and a wide range of restaurants. Its walkability and neighborhood appeal make it especially attractive to long-term renters. The property is also situated near major demand drivers, including the California Institute of Technology (Caltech) and Pasadena City College, supporting consistent rental demand from students, faculty, and local professionals.

Multi-Family Active

Price

^$ 4,880,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.51

Year Built

1950

Town/City

Pasadena

County/Region

Los Angeles

MLS | Web ID

0026828421

Features

General

Living Area 10672

Heating Wall Furnace

Zoning PSR4

Year Built 1950

Levels Two

County Los Angeles

New Construction false

Property Type Residential Income

HOA false

Status Active

City Pasadena

Senior Community Y/N false

MLS Area 648 - Pasadena SE

Lot Size Units Square Feet

Lot Size Square Feet 22058

Standard Status Active

Year Built Source Assessor

Interior

Total Stories 2

Heating Y/N true

Total Baths 0

Exterior

Parking Features Covered

Lot Size Area 22058

Building Area Total 10672

Lot Size Acres 0.51

* Excluded Features

List By

Jeffrey Louks

Listing Agent

Marcus & Millichap

Broker

jeff.louks@marcusmillichap.com

Affordability Calculator

$30,047

Per Month

Monthly Principal & Interest: $30,047
Monthly Property Taxes: --
Monthly Home Insurance: --

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Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Pasadena, CA

Average List Price ^$2,391,513

Percent of Sale Price 51%

About Pasadena, CA

141,450 Population

6% Since 2002

^$77,514 Median Income

39.52 Median Age

22% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

0 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/9/2026	$4,880,000		Listed Price

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130 South Michigan Avenue, Pasadena, CA, 91106 is a Multi-Family Home for sale at $4,880,000 with 10,672 sqft and a lot size of 0.51. 130 South Michigan Avenue is a studio with 0.0 baths and was built in 1950. The property's zip code is 91106 which is in Pasadena, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Desert Association of Realtors.

Based on information from the California Desert Association of REALTORS® as of 5/9/2026. 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.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the California Desert Association of Realtors. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistributed. Its sole purpose is to be used to identify prospective properties consumers may be interested in purchasing.

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130 South Michigan Avenue

Multi-Family Home for sale in Pasadena, CA

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