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:
A
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Apartment
Neighborhood:
648
Listed Date:
Aug 8, 2025
Total Sq Ft:
1
Lot Size:
9,524 sqft / 0.22 acres (approx)
Year Built:
1965
See this Listing
Schools
Interior
Flooring
VINY
Heating
FA
Laundry Features
IN
Exterior
Community Features
URB
Parking Spots
15
Financial
Map
Community
- AddressS Michigan AV Lot 16 Pasadena CA
- CityPasadena
- CountyLos Angeles
- Zip Code91106
Subdivisions in Pasadena
Market Summary
Current real estate data for Single Family in Pasadena as of Oct 29, 2025
227
Single Family Listed
51
Avg DOM
630
Avg $ / SqFt
$1,557,024
Avg List Price
Property Summary
- S Michigan AV Lot 16 Pasadena CA is a Single Family for sale in Pasadena, CA, 91106. It is listed for $7,500,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1965. The average price per square foot for Single Family listings in Pasadena is $630. The average listing price for Single Family in Pasadena is $1,557,024.
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