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$7,500,000

399 Days On Site

160 S Michigan Avenue
Pasadena, CA 91106

For Sale|Apartment|Active

Beds

Total Baths

SqFt

$7,500,000

/SqFt

1965

Built

County:

Los Angeles

Listed by Matt Cuong Ly of Coldwell Banker Realty matt.ly@cbcnrt.com

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Monthly Payment (Est.)

$34,218

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.

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Listing Snapshot

Price

$7,500,000

Days On Site

399 Days

Bedrooms

N/A

Inside Area (SqFt)

1 sqft

Total Baths

N/A

Full Baths

N/A

Partial Baths

N/A

Lot Size

0.2186 Acres

Year Built

1965

MLS® Number

AR25178432

Status

Active

Property Tax

N/A

HOA/Condo/Coop Fees

N/A

Sq Ft Source

N/A

Friends & Family

Recent Activity

a year ago		Listing first seen on site
a year ago		Listing updated with changes from the MLS®

General Features

Acres

0.2186

Carport

Land Lease

Levels

Three Or More

Number Of Stories

Parking

Assigned

Parking Spaces

Property Sub Type

Apartment

Sewer

Public Sewer

Special Circumstances

Standard

SqFt Total

Utilities

See Remarks

Water Source

Public

Zoning

PSR4

Interior Features

Fireplace Features

None

Flooring

Vinyl

Heating

Forced Air

Laundry Features

Inside

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Exterior Features

Pool Features

None

Spa Features

None

Community Features

MLS Area

648 - Pasadena (SE)

Financing Terms Available

Cash1031 Exchange

Building Access

Ground

This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute

Source: Walkscore

Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.

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