Under ContractSingleFamilyResidence

555 Michigan Boulevard

Pasadena, CA, 91107

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$1,889,000

MLS: P1-26842

Beds

4

Baths

3

Sq Ft

2,170

Lot

0.43 ac

Year Built

1931

MLS #

P1-26842

Days on Market

10

Listed

Apr 27, 2026

Description

Located on one of the few true boulevards in Pasadena in the Michillinda Park neighborhood adjacent to Chapman Woods, this beautiful Spanish hacienda offers space, privacy and character. Set on nearly 1/2 acre of flat land, the property features the charm of Deodar-lined medians, gated alley access with remote entry, a 3-car garage and a detached studio apartment. Enter through a wrought iron gated front porch and arched entry into a high-ceilinged living room with hardwood floors, large fireplace and dark wood built-ins and beams. The adjacent dining room is filled with natural light and accented by crown molding. The kitchen features stainless appliances, a granite-topped eating bar and a calming grey and peach palette. The family room has a fireplace, wood ceilings and wall of windows facing the back patio, with direct access to the living room and primary bedroom suite. This suite looks out onto the back yard and includes a private bath with stall shower, period tile and a window for natural light. Two additional large bedrooms located off the living room share a full bath. The interior has been freshly painted, and floors have been refinished or polished throughout. The exterior of the house, garage and studio has all been newly painted. There is a wonderful garden area with a massive avocado tree providing fruit and shade and a patio for relaxing and entertaining. Across the patio is the studio complete with its own kitchen and bath - perfect for guests, extended family or rental use. A large concrete parking area accommodates additional vehicles or RV parking while the 3-car garage is ideal for car enthusiasts or hobbyists. Kids, adults and guests will all build long-lasting memories in the back yard while enjoying soccer, football or almost any other activity. This is a unique opportunity to own a distinctive property to live, entertain and grow.

Location

Pasadena, Los Angeles County, CA 91107

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Listed by: Dennis L Finnerman · Coldwell Banker Realty

Payment estimate

$13,733

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $188,900 · Loan: $1,700,100

%
Principal & Interest
$10,757
Property tax (1.25%)
$1,968
Homeowners insurance
$300
Mortgage insurance
$708
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Today's Rates

As of May 21, 2026

30-year fixed
6.51%
15-year fixed
5.85%

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 $66,115 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

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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.