160 S Michigan Avenue, Pasadena, California 91106

  • $7,500,000
160 S Michigan Avenue, Pasadena, CA 91106
Active
160 S Michigan Avenue, Pasadena, California 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 March 24, 2026 at 8:17 pm
  • Property ID: AR25178432
  • Price: $7,500,000
  • Property Size: 1 Sqft
  • Land Area: 0.2186 Acres
  • Year Built: 1965
  • Property Type: Residential Income, Apartment
  • Property Status: Active

Additional details

  • Listing Terms: Cash, Cash to New Loan, 1031 Exchange
  • Utilities: See Remarks
  • Sewer: Public Sewer
  • Heating: Forced Air
  • Flooring: Vinyl
  • County: Los Angeles
  • Property Type: Residential Income
  • Pool: None
  • Parking: Assigned
  • Community Features: Urban

Contact Information

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Hoyt Hochman

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  • Hoyt Hochman