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 Carolyn LoBugilo | CA DRE# 01925815 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