160 S Michigan Avenue, Property Listing: MLS® #AR24243115

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.

160 S Michigan Avenue, Property Listing: MLS® #AR24243115 Close
Page Summary
  • 619-987-4851
NEW
  • MLS® #: AR24243115
  • 160 S Michigan Avenue
  • , CA 91106
  • $7,995,000
  • 0.22 Acres
  • Office: Coldwell Banker Realty

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.

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Essential Information

  • MLS® #AR24243115
  • Listing Price$7,995,000
  • Original Listing Price$7,995,000
  • Date ListedDecember 4th, 2024
  • Days on Market6
  • Bathrooms0.00
  • Acres0.22
  • Lot Sq.Ft.9,524
  • TypeResidential Income
  • StatusACTIVE

Dues

  • HOA Dues$0

Community Information

  • Address160 S Michigan Avenue
  • AreaPASADENA (91106)
  • CountyLos Angeles
  • StateCA
  • Zip Code91106

Amenities

  • PoolN/K

Interior

  • CoolingWall/Window
  • # of Stories3

Exterior

  • RoofRolled/Hot Mop
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Listing information last updated on April 3rd, 2025 at 8:23am PDT.