Active

160 S Michigan AVE

PASADENA CA, 91106

$7,995,000


$542.33 per sqft

Active

19 Beds

12 Baths

14,742 sqft

Multi-family

Built in 1965

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.

AR24243115MR

MLS ID

December 4, 2024

Listed

December 10, 2024

Updated

Map

160 S Michigan AVE
PASADENA CA, 91106

Interior Features

Total Stories

3


Bedrooms

19


Total Bathrooms

12


Appliances

Inside


Laundry Description

Inside


Fireplace

No


Fireplace Description

None


Cooling

Yes


Cooling Description

Wall/Window Unit(s)


Heating

Yes


Heating Description

Wall

Exterior/Building Features

Lot Size

0.22 Acres


Roof

Rolled/Hot Mop


Sewer

Public Sewer

Other Property Details

Area Name

Pasadena SE


Garage

No


Parking

Assigned


Parking Total

15


View

Yes


County

Los Angeles


Water Source

Public


Pool

No


Pool Features

None


Zoning

PSR4

Listed by Matt Cuong Ly with Coldwell Banker Realty
Listing Contact: 626-821-1216 

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor SCOTT BUTLER | CA DRE# 01846093 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2024 Combined L.A./Westside MLS. All rights reserved.

Data last updated 12/10/2024

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