Pasadena, CA 91106,160 S Michigan Avenue
Pasadena, CA 91106,160 S Michigan Avenue
Pasadena, CA 91106,160 S Michigan Avenue
30
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$7,500,000
Est. payment /mo
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1 SqFt
Active

160 S Michigan Avenue Pasadena, CA 91106

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Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 1 sqft

Price per Sqft $7,500,000

MLS Listing ID CRAR25178432

HOA Y/N No

Year Built 1965

Lot Size 9,524 Sqft

Property Sub-Type Other

Source Datashare California Regional

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

Interior

Heating Forced Air

Flooring Vinyl

Fireplace No

Laundry Inside


Bay East Association of Realtors

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Max Manatt

Max Manatt

Agent | License ID: 01957416

+1(925) 980-3375

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160 S Michigan Avenue