Active
160 S Michigan Avenue
Pasadena CA, 91106
$7,995,000
$542.33 per sqft
Active
14,742 sqft
Condos
Built in 1965
Listed by Matt Cuong Ly with Coldwell Banker Realty [email protected]
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.
AR24243115
MLSⓇ ID
December 4, 2024
Listed
December 10, 2024
Updated
Map
160 S Michigan Avenue
Pasadena CA, 91106
Interior Features
Total Stories
3
Appliances
Gas Range
Laundry Description
Inside
Fireplace
No
Fireplace Description
None
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
Heating
Yes
Heating Description
Wall Furnace
Exterior/Building Features
Lot Size
0.22 Acres
Lot Features
11-15 Units/Acre
Roof
Rolled/Hot Mop
Sewer
Public Sewer
Other Property Details
Area Name
648 - Pasadena (SE)
Garage
No
Parking
Assigned
Parking Total
15
View
Yes
View Description
Mountain(s)
County
Los Angeles
Water Source
Public
Pool
No
Pool Features
None
Zoning
PSR4
Listing Contact: 626-445-5500
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 12/10/2024. 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. 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.
Data last updated on 12/10/2024 at 6:06 PM UTC