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130 S Michigan AvenuePasadena, CA 91106

For Sale

$4,880,000

Smart Buyer Rebate $48,800

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 thePlayhouse District, the property benefits from a prime infill location surrounded by retail, dining, and everyday amenities along SouthLake 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 CityCollege, supporting consistent rental demand from students, faculty, and local professionals.

Listed by Jeffrey Louks

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License #00908473

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Marcus & Millichap

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818-212-2780

Listed by Brett Sanson

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License #01387480

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Marcus & Millichap

Last updated May 01, 2026

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Source: CRMLS #26828421

Listing Facts

  • TypeMulti-family
  • NeighborhoodGrant Park
  • Bedrooms10
  • Days on Prevu1
  • Size10,672 sqft
  • Price per sqft$457

Amenities

  • Dishwasher
  • Parking

Location

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Listing History

05/01/2026
Listed by Marcus & Millichap
$4,880,000

Property Details for 130 S Michigan Avenue

Exterior

Construction

  • Number Of Units Total: 18
  • Stories: 2
  • Stories Total: 2
  • Year Built: 1950

Measurements

  • Building Area Total: 10,672
  • Lot Size Acres: 0.50
  • Lot Size Area: 22,058
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 22,058
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 4.8
  • Gross Income: $392,988.00

Taxes

  • Parcel Number: 5735009008

Interior

Features

  • Appliances: Dishwasher, Microwave, Refrigerator

Measurements

  • Living Area: 10,672
  • Living Area Source: Assessor

Rooms

  • Bathrooms Total Integer: 18
  • Bedrooms Total: 10

Parking

Parking

  • Open Parking Spaces: 7
  • Parking Features: Covered
  • Parking Total: 18

Utilities

Equipment

  • Heating: Wall Furnace
  • Has Heating: Yes

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There are 10 bedrooms in this multi-family home at 130 S Michigan Avenue.

Does this multi-family home have parking?

Yes, there are 18 parking spaces available for 130 S Michigan Avenue.

How does 130 S Michigan Avenue compare to other multi-family homes in Grant Park?

This multi-family home is listed 39% below the average price for multi-family homes in Grant Park and has been on the market for 54 less days than the typical home in this area.

What is the square footage on this multi-family home?

According to the MLS, this listing is 10,672 sqft.

130 S Michigan Avenue is a 10-bedroom multi-family home for sale in Pasadena CA 91106. Available on Prevu for 1 days at $4,880,000. This residence features 10,672 square feet of living space, located in Grant Park. The median listing price for multi-family homes in this area is $753,500. The home offers dishwasher and parking. View other multi-family home listings in Pasadena.

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.