$7,995,000
14,742 Sqft
9,524 Sqft

160 S Michigan Avenue, Pasadena Ca 91106

  • Commercial Sale Property Type
  • 46 Days Days On Market
  • 1965 Year Built
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.

Basic Details
Commercial Sale
Other
For Sale
CRAR24243115
$7,995,000
Mountain(s)
46
14,742 Sqft
1965
9,524 Sqft
0.22 Acre
Active
Features
: Wall Furnace
: Wall/Window Unit(s)
Public Sewer
: Inside
: Assigned
: Rolled/Hot Mop
Address Map
CA
Los Angeles
Pasadena
91106
Michigan Avenue
160
W119° 52' 28''
N34° 8' 34.8''
PSR4
S
Michigan Ave. & Cordova St.
Additional Info
Coldwell Banker Realty
Matt Cuong Ly
matt.ly@cbcnrt.com
Active
Public
For Sale
Price History
01/01/1970
12/04/2024
$7,995,000
$0
Additional Information
14742
Listing Information
2024-12-10T00:12:47Z
BayEast
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    Agent info
    Realty++
    Srinivas Sanigepalli
    Realty++
    Rekha Mahalingam
    Realty++
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