160 S Michigan Avenue
Pasadena, CA, 91106
$7,500,000
Beds
0 Baths
SqFt
0.22 Acres
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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.

Property Details

Price:
$7,500,000
MLS #:
AR25178432
Status:
Active
Baths:
0
Address:
160 S Michigan Avenue
Type:
Residential Income
Subtype:
Apartment
Neighborhood:
648pasadenase
City:
Pasadena
Listed Date:
Aug 8, 2025
State:
CA
ZIP:
91106
Lot Size:
9,524 sqft / 0.22 acres (approx)
Year Built:
1965
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Vinyl
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Forced Air
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Urban
Parking Features
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Parking Spots
15.00

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