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$7,995,000
23 Days On Site

160 S Michigan Avenue
Pasadena, CA 91106

For Sale|Apartment|Active
0
Beds
0
Full Baths
0
Partial Baths
14,742
SqFt
$542
/SqFt
1965
Built
County:
Los Angeles
Listed by Matt Cuong Ly of Coldwell Banker Realty [email protected]

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949-774-8692
160 S Michigan Avenue160 S Michigan Avenue160 S Michigan Avenue160 S Michigan Avenue
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Monthly Payment (Est.)

$36,476
Calculator powered by Showcase IDX. Copyright ©2024 Information is deemed reliable but not guaranteed.

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 
$7,995,000
Days On Site 
23 Days
Bedrooms 
N/A
Inside Area (SqFt) 
14,742 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.2186 Acres
Year Built 
1965
MLS® Number 
AR24243115
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 weeks agoStatus changed to Active
3 weeks agoListing updated with changes from the MLS®
3 weeks agoListing first seen on site
General Features
Acres 
0.2186
Carport 
15
Direction Faces 
West
Foundation 
Combination
Number Of Stories 
3
Parking 
Assigned
Parking Spaces 
15
Property Sub Type 
Apartment
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
14742
Stories 
Three Or More
Utilities 
Electricity ConnectedSewer ConnectedWater Connected
Water Source 
Public
Zoning 
PSR4
Interior Features
Appliances 
Gas Range
Cooling 
Wall/Window Unit(s)
Fireplace Features 
None
Heating 
Wall Furnace
Laundry Features 
Inside
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Exterior Features
Pool Features 
None
Roof 
Rolled/Hot Mop
Spa Features 
None
View 
Mountain(s)
Waterview 
Mountain(s)
Community Features
Building Access 
Front
Financing Terms Available 
Cash1031 Exchange
MLS Area 
648 - Pasadena (SE)


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
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