For SaleRisky Deal3 days on market
77 N Michigan Ave APT 15
77 N Michigan Ave APT 15, Pasadena, CA 91106, Pasadena, CA 91106
$569,000
Estimate®:$570,500$1,500 Under Market
Listing Price
77 N Michigan Ave APT 15, Pasadena, CA 91106
Loc: Pasadena, CA
Days Listed
3
Tax Assessed
$352k
Estimate®
$571k
0% Under Valued
Lot Size
0.35 acres
Rent Estimate
$3,075/mo
Est. Cash Flow base
Type
condo
More Than Just a Property
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
2
McKinley School
K-8
0.8 mi away
4
Blair High School
6-12
1.9 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
modernminimalistopen concepthardwood floorsneutral color palettenatural lightingcozycontemporaryapartment livingairywell-litfunctional layoutclean linesstaging
Haven AI Verdict
Recommendation
Risky
Confidence Score: 5/10
Exercise caution due to potential market volatility.
Cap Rate
3.93%
Total ROI
44.2%
Cash Flow
$-1,089/mo
DSCR
0.63
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-1,089/mo net cash flow with a 3.9% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in Pasadena, CA
- • Long-term capital appreciation corridor
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-21 | Listed for sale | $569,000 | $623 |
| 2019-01-17 | Listing removed | $2,150 | $2 |
| 2018-09-22 | Listed for rent | $2,150 | $2 |
| 2012-12-25 | Listing removed | $1,700 | $2 |
| 2012-11-05 | Listed for rent | $1,700 | $2 |
| 2012-09-12 | Sold | $280,000 | $307 |
| 2012-04-04 | Listed for sale | $279,000 | $306 |
| 1996-06-06 | Sold | $91,000 | $100 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2026 | $0 | $351,681 |
| 2025 | $4,259.89 | $344,786 |
| 2024 | $3,993.59 | $338,026 |
| 2023 | $3,958.22 | $331,399 |
| 2022 | $3,822.31 | $324,902 |
| 2021 | $3,666.71 | $318,533 |
| 2020 | $3,522.5 | $315,268 |
| 2019 | $3,522.5 | $309,087 |
| 2018 | $3,601.58 | $303,028 |
| 2017 | $3,601.58 | $297,087 |
| 2016 | $3,552.96 | $291,263 |
| 2015 | $3,476.42 | $286,889 |
| 2014 | $3,371.03 | $281,270 |
| 2012 | $0 | $120,342 |
| 2011 | $0 | $117,984 |
| 2010 | $0 | $117,104 |
| 2009 | $0 | $117,383 |
| 2008 | $0 | $115,082 |
| 2007 | $0 | $112,826 |
| 2006 | $0 | $110,615 |
| 2005 | $0 | $110,615 |
| 2004 | $0 | $106,321 |
| 2003 | $0 | $104,374 |
| 2002 | $0 | $102,328 |
| 2000 | $0 | $98,356 |
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