30
See all 30 photos
$7,500,000
Est. payment /mo
8 Beds
4 Baths
New
160 S Michigan Avenue Pasadena, CA 91106
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID AR25178432
Bedrooms 8
Property Sub-Type Res Income 2-4 Units
Property 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.
Location
State CA
County Los Angeles
Zoning Assessor
Direction Michigan Ave. & Cordova Ave.
Interior
Heating Forced Air Unit
Fireplace No
Exterior
View Y/N No
Building
Story 3
Level or Stories 3
Others
Tax ID 5735009014
Listed by Matt Cuong Ly Coldwell Banker Realty