160 S Michigan Avenue, Pasadena, CA 91106
160 S Michigan Avenue, Pasadena, CA 91106
160 S Michigan Avenue, Pasadena, CA 91106
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$7,500,000
Est. payment /mo
8 Beds
4 Baths
9,524 Sqft Lot
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Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID AR25178432

Bedrooms 8

Lot Size 9,524 Sqft

Property Sub-Type Res Income 2-4 Units

Property 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.

Location

State CA

County Los Angeles

Zoning Assessor

Direction Michigan Ave. & Cordova Ave.

Interior

Heating Forced Air Unit

Fireplace No

Exterior

View Y/N No

Building

Story 3

Level or Stories 3

Others

Senior Community No

Tax ID 5735009014

Acceptable Financing Cash, Exchange

Listing Terms Cash, Exchange


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MLS Router / San Diego MLS
Listed by Matt Cuong Ly, DRE#01441481 Coldwell Banker Realty 

Nearby Locations

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Margaret DeLao

Margaret DeLao

+1(858) 229-8016

Realtor | License ID: 01377428

Realtor License ID: 01377428

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