160 S Michigan Avenue
Pasadena, CA 91106
Active for $7,995,000
Beds: N/A Baths: N/A Structure Size: N/A sqft Lot Size: 9,524 sqft
| MLS | AR24243115 |
| Year Built | 1965 |
| Property Type | Apartment |
| County | Los Angeles |
| Status | Active |
| Active | $7,995,000 |
| Structure Size | N/A sqft |
| Lot Size | 9,524 sqft |
| Beds | N/A |
| Baths | N/A |
Description
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.
Listing information courtesy of: Matt Cuong Ly, Coldwell Banker Realty 626-821-1216. *Based on information from the Association of REALTORS/Multiple Listing as of 01/09/2025 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Location
Contact a Local Realtor®
Benjamin Vidal
REALTOR®
Direct: 818.571.7482
Email: Email Me
DRE: 01956459
DRE #01873088
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