$7,500,000
160 S Michigan Avenue
Pasadena, CA 91106
—
Beds
—
Baths
9,522
Square feet
1965
Built
Listing narrative
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.
Property Details
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Price
$7,500,000
Beds
Beds n/a
Type
Condo
Home Size
9,522 sqft
Baths
Baths n/a
Lot Size
0.22 acres
Year
1965
Status
For Sale
Days on Market
455
$ / Sqft
$788
Courtesy of Coldwell Banker Realty






