ActiveCondominium

255 N Michigan 5

Pasadena, CA, 91106

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$899,000

MLS: PT26118107

Beds

3

Baths

3

Sq Ft

1,340

Lot

0.40 ac

Year Built

2003

MLS #

PT26118107

Days on Market

10

Listed

Jun 2, 2026

Description

Spacious 2003-Build Mediterranean-style home with 3 bedrooms and 3 full bathrooms and an attached direct access 2-car garage. From the courtyard enter into a spacious living room with rich wood floors, 9-foot high ceilings, and a stone fireplace. Fantastic kitchen offers rich granite counters and custom cabinetry. There is a bedroom on the main level with recessed lighting and sliding glass doors with a full bathroom. Perfect for guests, in-laws or an office space. Two naturally bright and enormous master suites greet you upstairs each with expansive windows to let the light in. One master features a private balcony with courtyard views. The other one has a generous closet, double sinks, and a soaking tub. Bathrooms feature granite counters, recessed lighting, and separate sink and shower facilities. Bedrooms all feature ceiling fans. This corner unit is hidden and private. There is also inside laundry. Centrally located close to restaurants, shopping, freeways, and colleges. Near Old Towne Pasadena, PCC, Caltech, Paseo Colorado and the Kaiser Permanente Medical School. Seller is Motivated! Bring your Offers! This will go quick! When you arrive to the property, the gate access is on the north side of the property, walk to the courtyard and the unit is at the end on the left. This community was newly built in 2003. Not a remodel.

Location

Pasadena, Los Angeles County, CA 91106

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Listed by: David Chang · Real Estate eBroker, Inc.

Payment estimate

$7,098

/ month (est.)

Principal, interest, taxes, and insurance + PMI + HOA. Down payment: $89,900 · Loan: $809,100

%

Average 30-yr fixed rate 6.52% as of Jun 11, 2026 (Freddie Mac PMMS). Adjust to your quote.

$/ mo
Principal & Interest
$5,125
Property tax (1.25%)
$936
Homeowners insurance
$300
Mortgage insurance
$337
HOA dues
$400
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Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.

Today's Rates

As of Jun 11, 2026

30-year fixed
6.52%
15-year fixed
5.84%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

About the area · Mike Watson

About the Antelope Valley

The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.

Financing Options

FHA Financing — 3.5% Down

First-time and repeat buyers can purchase this Pasadena home with as little as 3.5% down using an FHA loan — roughly $31,465 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

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Local Market Stats

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Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

#1 Producing Individual Realtor — Antelope Valley

Only large teams outsell Mike Watson · Keller Williams Realty

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Listing data provided by the MLS · Presented by Watson & Associates · Keller Williams Realty · mikewatsonrealtor.com
All information deemed reliable but not guaranteed. Contact listing agent to verify.