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For SaleLuxury

$7,500,000

9,522 sqft$788/sqft455 days on market

160 S Michigan Avenue

Pasadena, CA 91106

· 8% down, 7% APR, 30yr fixed

—

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.

Listing agent (MLS): Matt Cuong Ly · Listing brokerage (MLS): Coldwell Banker Realty

Property Details

Key facts from the live listing feed are grouped here for quick review. Only fields confirmed by the active source are shown.

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

· 8% down, 7% APR, 30yr fixed
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Courtesy of Coldwell Banker Realty