382 N Michigan Ave, Pasadena, CA 91106
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382 N Michigan Ave Pasadena, CA 91106

$902,000 Sold Price as of 01/24/2022
  • 3 Beds
  • 2 Baths
  • 1,614 Sq.Ft.
Sold
$902,000 Sold Price as of 01/24/2022 Refinance Your Mortgage

Map preview of 382 N Michigan Ave, Pasadena, CA 91106

Property Overview: 382 N Michigan Ave Pasadena, CA has 3 bedrooms, 2 bathrooms, 1,614 living square feet and 7,502 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Great property with plenty of potential. This Duplex is a 2 bedroom 1 bathroom front house with a 1 bedroom 1 bath back house. Two car garage is a separate building on it's own. With separate electric and gas meters making it an easy rental income producing property. Located in a well established neighborhood of North Pasadena. This a great opportunity that will not last.

Listed by JESSIE RODRIGUEZ | BRE #01418054 | CORCORAN GLOBAL LIVING
Last checked: 4 minutes ago | Last updated: March 23rd, 2022 | Source CRMLS | DOM: 136

Home details

Lot Sq. Ft
7,502
HOA Dues
$0/mo
Year built
1913
Garage
2 Car
Property Type:
Multi Family
Status
Sold
MLS#
CV21164819
City
Pasadena
County
Los Angeles
Time on Site
1018 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 3
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,200
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,200
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,900
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,900
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $49,200
  • Net Operating Income: $43,800
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $5,400
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $1,200
  • Gardener: $600
  • Insurance: $1,200
  • Water/Sewer: $2,400

Property Details for 382 N Michigan Ave

Interior Features
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Gas Dryer Hookup, Washer Hookup
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 5739003053
  • Year Built Source: Assessor
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Maple Street and Michigan Ave
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

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Sale History for 382 N Michigan Ave

Last sold for $902,000 on January 24th, 2022
  • September, 2021

  • Sep 15, 2021

    Date

    Price Change

    CRMLS: CV21164819

    $949,000

    Price

  • Aug 27, 2021

    Date

    Price Change

    CRMLS: CV21164819

    $997,500

    Price

  • Jul 27, 2021

    Date

    Active

    CRMLS: CV21164819

    $1,050,000

    Price

  • July, 2021

  • Jul 27, 2021

    Date

    Expired

    CRMLS: CV21163745

    $1,050,000

    Price

  • Jul 26, 2021

    Date

    Active

    CRMLS: CV21163745

    $1,050,000

    Price

  • Listing provided courtesy of CRMLS

  • July, 2012

  • Jul 30, 2012

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • July, 2011

  • Jul 11, 2011

    Date

    Sold (Public Records)

    Public Records

    $364,600

    Price

Show More

Tax History for 382 N Michigan Ave

Assessed Value (2020): $619,284
Year Land Value Improved Value Assessed Value
2020 $433,500 $185,784 $619,284

Home Value Compared to the Market

This property vs the competition

382 N Michigan Ave sold on January 24, 2022 for 27.84% lower than the current median sold price for the city of Pasadena which is $1,250,000. The median sold price per/sqft for Pasadena is $763 and this home is sold at $558.86 per/sqft which puts the price per square foot 26.75% lower than the current median sale per square foot for the city of Pasadena.

About 382 N Michigan Ave

Detailed summary of property

382 N Michigan Ave is a multi family that recently sold in Pasadena, CA 91106. This multi family property offered 3 bedrooms, 2 bathrooms, roughly 1,614 living square feet, and sits on an approximately 7,502 square foot lot. 382 N Michigan Ave was first listed on ArdentRealEstateGroup.com on July 27, 2021. The homeowner sold the property for $902,000. Home in Pasadena are selling for a median price of $1,250,000 and a median price per square foot of $763. Based on Ardent Real Estate Group's Pasadena Market Data, this home is sold 27.84% lower than the current median priced home. Local homes that are currently for sale include 4706 Catalpa St, 321 W Avenue 37 and 4552 Catalpa St. While the average home in Pasadena, CA is selling in 57 days, 382 N Michigan Ave has a days on market of 136 days. There are currently 258 homes for sale in the Pasadena real estate market and 155 of them are single family homes while 75 of them are condos and 28 are townhomes. For more information on this home for sale at 382 N Michigan Ave Pasadena, CA 91106 contact Ardent Real Estate Group and we will put you in touch with one of our Pasadena agents.

Public Facts for 382 N Michigan Ave

Public county record property details
Beds
3
Baths
2
Year built
1913
Sq. Ft.
1,614
Lot Size
7,501
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
38
APN
5739-003-053

The source for these homes facts are from public records.

91106 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,288,000
Median List Price/Sq.Ft.
$777
Median Sold Price
$830,000
Median Sold Price/Sq.Ft.
$672
Total Inventory
44
Median Sale to List Price %
89.73%
Avg Days on Market
28
Loan Type
Conventional (18.18%), FHA (0%), VA (0%), Cash (36.36%), Other (27.27%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.