For SaleRisky Deal1 days on market
1200 N Michigan Ave
1200 N Michigan Ave, Pasadena, CA 91104, Pasadena, CA 91104
$999,000
Estimate®:$1,042,700$43,700 Under Market
Listing Price
1200 N Michigan Ave, Pasadena, CA 91104
Loc: Pasadena, CA
Days Listed
1
Tax Assessed
$85k
Estimate®
$1043k
4% Under Valued
Lot Size
7,749 sqft
Rent Estimate
$4,185/mo
Est. Cash Flow base
Type
single family
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.
4
Longfellow (Henry W.) Elementary School
K-5
0.3 mi away
2
Eliot Arts Magnet
6-8
1.2 mi away
7
Pasadena High School
9-12
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
Craftsman bungalowstucco exteriorolive greenlarge drivewaycurb appealcovered porchmid-century elementslush green lawnmature treescozy atmospheresingle-storycharming
Haven AI Verdict
Recommendation
Risky
Confidence Score: 5/10
Exercise caution due to potential market volatility.
Cap Rate
3.21%
Total ROI
28.5%
Cash Flow
$-2,514/mo
DSCR
0.51
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-2,514/mo net cash flow with a 3.2% 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 |
|---|---|---|---|
| 2026-09-23 | Listed for sale | $999,000 | $896 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2026 | $0 | $84,769 |
| 2025 | $1,452.43 | $83,108 |
| 2024 | $1,286.35 | $81,479 |
| 2023 | $1,271.62 | $79,882 |
| 2022 | $1,233.41 | $78,316 |
| 2021 | $1,184.89 | $76,782 |
| 2020 | $1,150.56 | $75,996 |
| 2019 | $1,150.56 | $74,506 |
| 2018 | $1,097.32 | $73,046 |
| 2017 | $1,097.32 | $71,615 |
| 2016 | $1,070.69 | $70,212 |
| 2015 | $1,034.64 | $69,159 |
| 2014 | $1,013.54 | $67,806 |
| 2012 | $0 | $66,178 |
| 2011 | $0 | $64,882 |
| 2010 | $0 | $64,398 |
| 2009 | $0 | $64,552 |
| 2008 | $0 | $63,287 |
| 2007 | $0 | $62,047 |
| 2006 | $0 | $60,831 |
| 2005 | $0 | $60,831 |
| 2004 | $0 | $58,472 |
| 2003 | $0 | $57,401 |
| 2002 | $0 | $56,276 |
| 2000 | $0 | $54,093 |
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