$7,500,000
 $40,262 est/mo Sourced by Back At You

160 S Michigan Avenue,Pasadena, CA 91106

Pasadena, CA 91106

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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.

Details

MLS #AR25178432
Listing TypeFor Sale
StyleCondominium
Sub-TypeResale
StatusActive
Year1965
Days On Site443
Listing Provided ByColdwell Banker Realty | Matt Cuong Ly

Features

SQ Feet1
Car PortYes
Story(s)3
Units15
Building(s)1
ZoningPSR4
Acreage0.22

Interior

HeatingForced Air
Heating Yes / NoYes
Fireplace Yes / NoNo

Exterior

Construction MaterialsCopper Plumbing
Lot FeaturesEleven To Fifteen Units Acre

Parking

Parking FeaturesAssigned
Garage Yes / NoNo

Utilities

UtilitiesSee Remarks
SewerPublic Sewer

Location

Community FeaturesUrban

Area Information

StateCA
CountyLos Angeles
CityPasadena
Zip Code91106
Area648 Pasadena (SE)
Sourced by Back At You

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Learn More About This Property

StateCA
CountyLos Angeles
CityPasadena
Zip Code91106
Area648 Pasadena (SE)
Sourced by Back At You
Listing Updated: September 29, 2026 at 12:54:08 AM PDT