554 N Michigan Ave, Pasadena, CA 91106
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554 N Michigan Ave Pasadena, CA 91106

$2,850 Leased Price as of 09/13/2024
  • 2 Beds
  • 1 Baths
  • 680 Sq.Ft.
Leased
$2,850 Leased Price as of 09/13/2024 Refinance Your Mortgage

Map preview of 554 N Michigan Ave, Pasadena, CA 91106

Property Overview: 554 N Michigan Ave Pasadena, CA has 2 bedrooms, 1 bathrooms, 680 living square feet and 7,314 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Nestled on a picturesque tree-lined street in Northeast Pasadena, this detached Craftsman Bungalow exudes both architectural charm and modern conveniences. As the back unit, it offers enhanced privacy and tranquility, creating a peaceful retreat in a prime location. The inviting open floor plan seamlessly connects the living room, dining area, and kitchen, providing a spacious atmosphere perfect for both relaxing and entertaining. The living room opens to a private deck, ideal for morning coffee or evening relaxation, while a non-enclosed private side yard offers additional outdoor space. The kitchen is designed for the home chef, featuring sleek quartz countertops, a stylish tiled backsplash, ample cupboard space, and stainless steel appliances that blend modernity with classic design. Beautiful wood floors run throughout the main living areas, enhancing the home's warm character. The carpeted bedrooms provide a quiet retreat, each equipped with mirrored closet doors and ceiling fans for added comfort. Additional features include in-unit laundry, recessed lighting, an expansive front porch, central air and heat with a Nest thermostat, and dual-pane windows for energy efficiency and a peaceful environment. Street parking is available, with an annual permit obtainable through the City of Pasadena. This Craftsman Bungalow is a true gem, offering timeless appeal and modern amenities in a desirable Pasadena neighborhood.

Listed by Ramiro Rivas | BRE #01406511 | The Agency
Co-listed by Erica Rivas | BRE #01788685 | The Agency
Last checked: 14 minutes ago | Last updated: September 16th, 2024 | Source CRMLS | DOM: 29

Home details

Lot Sq. Ft
7,314
HOA Dues
$0/mo
Year built
1914
Garage
--
Property Type:
Duplex
Status
Leased
MLS#
P1-18867
City
Pasadena
County
Los Angeles
Time on Site
36 days

Property Details for 554 N Michigan Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Forced Air
Laundry Information
  • Has Laundry
  • In Kitchen
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Carpet, Wood
  • Living Room, Kitchen
Kitchen Information
  • Has Appliances
  • Dishwasher, Free-Standing Range, Microwave, Refrigerator
  • Quartz Counters
Bathroom Information
  • # of Baths (Full): 1
  • # of Baths (1/2): 0
  • # of Baths (1/4): 0
  • # of Baths (3/4): 0
Interior Features
  • Unfurnished
  • Levels: One
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Exterior Features
Exterior Information
  • Has Fence
  • Wood
  • No Spa
  • Spa Features: None
  • Has Sprinklers
Exterior Features
  • Has Patio
  • No Pool
  • Pool Features: None
  • Deck, Front Porch
Lot Details / Garage and Parking
Parking/Garage Information
  • No
  • Parking Features: None
Lot Information
  • Lot Features: Lawn
  • Lot Size Source: Assessor
Property Information
  • No View
  • View: None
  • Common Walls: No Common Walls
  • Parcel Number: 5739012016
  • Year Built Source: Assessor
  • Architectural Style: Bungalow, Craftsman
  • Property is not Attached
  • Property Condition: Updated/Remodeled, Turnkey
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Connected, Water Connected, Sewer Connected, Natural Gas Connected, Electricity Connected
Assessment Information
  • No Assessments
  • Assessments: None
Location / Neighborhood
Location Information
  • Subdivision Name: Not Applicable
  • Directions: In between Villa St and Orange Grove Blvd.
Neighborhood Information
  • Community Features: Street Lights, Sidewalks
View more facts & features

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Sale History for 554 N Michigan Ave

Last leased for $2,850 on September 13th, 2024
  • September, 2024

  • Sep 13, 2024

    Date

    Leased

    CRMLS: P1-18867

    $2,850

    Price

  • Aug 14, 2024

    Date

    Active

    CRMLS: P1-18867

    $2,850

    Price

  • May, 2019

  • May 2, 2019

    Date

    Sold

    CRMLS: P0-819001388

    $1,006,000

    Price

  • Apr 2, 2019

    Date

    Pending

    CRMLS: P0-819001388

    $990,000

    Price

  • Mar 31, 2019

    Date

    Active

    CRMLS: P0-819001388

    $990,000

    Price

  • Listing provided courtesy of CRMLS

    A MUST SEE!Two beautifully restored and updated Craftsman-style Bungalow homes on a large lot. The front home has (2) bedrooms, 1, -1/2 baths. Off the kitchen, you will find a bright small study, office, or bedroom with a new -1/2 bathroom. The completely remolded quarts counter top and tiled warm kitchen is a pleasurable space to prepare meals. The naturally lit living room, dining room, have new wood flooring, crown moldings, with a wood burning fireplace. There is a laundry closet in the hallway. The tiled full bath has been completely remolded. Updated electrical, and new HVAC system, make this home comfortable in the summer or winter. The rear home has (2) bedrooms, (1) completely remolded bathroom. New wood floors, and plenty of natural light accent the living area. There is also a cozy den or office as well and a rear-sitting area. The completely remolded, bright kitchen has a view of the private side yard. Updated electrical, and new HVAC system, make this home comfortable in the summer or winter. The property features a two-car detached garage with a separate entrance storage room above. The gas and electric meters are separate. This is great owner-user property or an investors opportunity. Owner R.E. Broker

  • April, 2019

  • Apr 30, 2019

    Date

    Sold (Public Records)

    Public Records

    $1,006,000

    Price

  • December, 2018

  • Dec 12, 2018

    Date

    Sold (Public Records)

    Public Records

    $750,000

    Price

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Tax History for 554 N Michigan Ave

Assessed Value (2020): $1,026,120
Year Land Value Improved Value Assessed Value
2020 $616,080 $410,040 $1,026,120

Home Value Compared to the Market

This property vs the competition

554 N Michigan Ave has recently been leased in the city of Pasadena. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Pasadena has a median list price of $1,250,000. The median price per/sqft for Pasadena is $767. With those numbers in mind, if you are looking to purchase a median priced home in Pasadena, CA and put 20% down you will need to save up $250,000 for the down payment and will need roughly $25,000 for closing costs on top of the down payment.

About 554 N Michigan Ave

Detailed summary of property

554 N Michigan Ave is a duplex that was recently leased in Pasadena, CA 91106. This duplex offered 2 bedrooms, 1 bathrooms, roughly 680 living square feet, and sits on an approximately 7,314 square foot lot. 554 N Michigan Ave was first listed on ArdentRealEstateGroup.com on August 15, 2024. The homeowner leased the property for $2,850. While the average home in Pasadena, CA is selling in 56 days, 554 N Michigan Ave has a days on market of 29 days. There are currently 335 homes for sale in the Pasadena real estate market and 179 of them are single family homes while 119 of them are condos and 37 are townhomes. Local homes that are currently for sale include 121 S Wilson Ave #201, 121 S Wilson Ave #205 and 1115 Cordova St #101. For more information on this home for lease at 554 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 554 N Michigan Ave

Public county record property details
Beds
5
Baths
4
Year built
1914
Sq. Ft.
1,802
Lot Size
7,314
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
16
APN
5739-012-016

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
$1,080,000
Median List Price/Sq.Ft.
$719
Median Sold Price
$850,000
Median Sold Price/Sq.Ft.
$753
Total Inventory
59
Median Sale to List Price %
100%
Avg Days on Market
29
Loan Type
Conventional (27.27%), FHA (0%), VA (0%), Cash (50%), Other (18.18%)

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Related Resources to 554 N Michigan Ave

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.