160 S Michigan Avenue, Pasadena, CA 91106

  • $7,500,000
160 S Michigan Avenue, Pasadena, CA 91106
Active
160 S Michigan Avenue, Pasadena, CA 91106
160 S Michigan Avenue, Pasadena, CA 91106
  • $7,500,000

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.

  • Address 160 S Michigan Avenue
  • City Pasadena
  • State/county CA
  • Zip/Postal Code 91106
  • Country US

Details

Updated on August 8, 2025 at 10:33 pm
  • Property ID: AR25178432
  • Price: $7,500,000
  • Property Size: 1 Square Feet
  • Land Area: 0.2186 Acres
  • Garage Size: x x
  • Year Built: 1965
  • Property Type: Residential Income, Apartment
  • Property Status: Active

Contact Information

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Hoyt Hochman

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  • Hoyt Hochman