160 S Michigan Avenue Pasadena, CA 91106
Listing Courtesy of: CRMLS / Coldwell Banker Realty / Cuong "Matt" Ly - Contact:  matt.ly@cbcnrt.com

  160 S Michigan Avenue Pasadena, CA 91106

Active (11 Days)
$7,995,000
14,742
SQFT

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.

MLS #:
AR24243115
Lot Size
9,524 SQFT
Type
Multifamily
Year Built
1965
Views
Mountain(s)
County
Los Angeles County

Listed By

Cuong "Matt" Ly, DRE #01441481 CA, Coldwell Banker Realty, Contact: matt.ly@cbcnrt.com
Source
CRMLS
Last checked Dec 21 2024 at 4:06 PM GMT+0000
Bathroom Details
Interior Features
  • Gas Range
  • Laundry: Inside
Property Features
  • Foundation: Combination
Heating and Cooling
  • Wall Furnace
  • Wall/Window Unit(s)
Exterior Features
  • Roof: Rolled/Hot Mop
Utility Information
  • Utilities: Water Source: Public, Water Connected, Sewer Connected, Electricity Connected
  • Sewer: Public Sewer
Parking
  • Assigned
Additional Information: Arcadia | matt.ly@cbcnrt.com
Location
   
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Disclaimer: Based on information from California Regional Multiple Listing Service, Inc. as of 2/22/23 10:28 and /or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable.