Active

Condo/ Townhome/ Apartment

160 S Michigan Avenue
Pasadena, CA 91106

Directions:

Michigan Ave. & Cordova Ave.

Last Modified: Apr 8

Built: 1965

County: Los Angeles

MLS #: AR25178432

$7,500,000

160 S Michigan Avenue, Pasadena, CA 91106


1

SQFT

0.2186

ACRES

ABOUT

Discover a prime turnkey 3-story apartment building just blocks from the renowned California Institute of Technology. This fully rehabbed property features upgraded electrical systems, 80% replumbed infrastructure, and individual electric meters. The completed soft story retrofit enhances safety and stability, while each unit boasts new bathrooms, kitchens, and flooring. Equipped with in-unit washer/dryer combos, stoves, refrigerators, and microwaves, these apartments are designed for easy rental and high occupancy rates. With its strategic location near Caltech, this property is an outstanding opportunity for investors seeking a cash-flowing asset in a desirable area.

FEATURES & AMENITIES

• Laundry Features: Inside
• Flooring: Vinyl
• Construction Materials: CopperPlumbing
• Heating: Yes.
• Heating: ForcedAir
• Property Sub-Type Additional: Apartment
• Zoning: PSR4
• Lot Features: ElevenToFifteenUnitsAcre
• Parking Features:
• Parking Total: 15
• Open Parking Spaces: 0
• Garage Spaces: 0
• Community Features: Urban
• Association: false
• Association Fee: 0
• Water Source: Public
• Sewer System: PublicSewer
Courtesy of: Matt Cuong Ly, Coldwell Banker Realty (MLS# 3102)
Source MLS: CRMLS