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
Mortgage Calculator
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.
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.