160 S Michigan Avenue, Pasadena, CA 91106

Pasadena
Local realty services provided by:Better Homes and Gardens Real Estate Wine Country Group
160 S Michigan Avenue,Pasadena, CA 91106
$7,500,000
  • - Beds
  • - Baths
  • 1 sq. ft.
  • Multi-family
  • Active
Listed by: matt cuong ly
Office: coldwell banker realty626-445-5500
MLS#:AR25178432
Source:CRMLS

Price summary

  • Price:$7,500,000
  • Price per sq. ft.:$7,500,000

About this home

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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Home facts

  • Year built:1965
  • Listing ID #:AR25178432
  • Added:369 day(s) ago
  • Updated:August 13, 2026 at 11:08 AM

Rooms and interior

  • Flooring:Vinyl
  • Living area:1 sq. ft.

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Year built:1965
  • Building area:1 sq. ft.
  • Lot area:0.22 Acres
  • Construction Materials:Copper Plumbing

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$7,500,000
  • Price per sq. ft.:$7,500,000

Features and amenities

  • Laundry features:Inside

Parking

  • Total parking spaces:15
  • Parking description:15 Carport Space(s), Assigned
  • Carport spaces:15
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