$7,500,000

160 S Michigan Avenue, Pasadena, CA 91106

  • 8 beds |
  • 4 baths
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon9,522sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 3 months ago

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.

Listing Status:
Active
Listing Office:
Coldwell Banker Realty : 626-445-5500
Listing Agent:
Matt Cuong Ly : 626-821-1216
MLS ID:
AR25178432
  • Heating: Forced Air Unit
  • General: N/K
  • Pool: N/K
  • General: 3 Story
  • HOA Amenities: 0.0
  • Originating MLS: California Regional MLS
  • County: Los Angeles
  • Zoning: Assessor5735009014
  • Source: California Regional MLS

This listing courtesy of Matt Cuong Ly, Coldwell Banker Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

M

McKinley School

325 S Oak Knoll Ave, Pasadena, CA, 91101

Grades KG-8

0.61 miles away

M

McKinley School

325 S Oak Knoll Ave, Pasadena, CA, 91101

Grades KG-8

0.61 miles away

R

Rose City High (Continuation)

351 S Hudson Ave, Pasadena, CA, 91101

Grades 9-12

0.56 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.