160 S Michigan Avenue, Pasadena, California 91106
  • $7,500,000

Overview

Property ID: AR25178432
  • Apartment, Residential Income
  • Property Type
  • 1 Sqft
  • Area Size
  • 1965
  • Year Built

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.

  • Address: 160 S Michigan Avenue
  • City: Pasadena
  • State/county: CA
  • Zip/Postal Code: 91106
  • Country: US

Details

Updated on March 24, 2026 at 8:17 pm
  • Property ID AR25178432
  • Price $7,500,000
  • Property Size 1 Sqft
  • Land Area 0.2186 Acres
  • Year Built 1965
  • Property Type Apartment, Residential Income
  • Property Status Active

Additional details

  • Listing Terms Cash, Cash to New Loan, 1031 Exchange
  • Utilities See Remarks
  • Sewer Public Sewer
  • Heating Forced Air
  • Flooring Vinyl
  • County Los Angeles
  • Property Type Residential Income
  • Pool None
  • Parking Assigned
  • Community Features Urban

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