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160 S Michigan Avenue

Pasadena, CA 91106
  • $7,500,000
  • STATUS: Active
  • ON SITE: 166 Days
  • ID#: AR25178432
UPDATED: 23 min ago
$7,500,000
  • 8
    BEDS
  • 0.22
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

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.

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2026 San Diego MLS, Inc. Licensed in the state of California.
www.talechiaandassociates.com/homes/166754818
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160 S Michigan Avenue Pasadena, CA 91106

  • Price: $7,500,000
  • Status: Active
  • On Site: 166 Days
  • Updated: 23 min ago
  • ID#: AR25178432
8
Beds
0
Baths
0
½ Baths
0.22
Acres
Neighborhood:
Pasadena (91106)
County:
Los Angeles
Area:
Pasadena (91106)
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.
Exterior Features

Pool Features N/K Spa Features N/K

Interior Features

Bathrooms Total 4 Heating Forced Air Unit Levels 3 Story

Property Features

Assessments N/K Association Fee 0 Building Area Total 0 CFDMello Roos Fee 3372 CFDMello Roos Fee Reflct Year Gross Scheduled Income 611242 List AOR Arcadia Listing Terms CashExchange Lot Size 7500-10889 SF Monthly Total Fees 281 Operating Expense 203995 Property Sub Type Res Income 2-4 Units Sale Rent For Sale Tenant Pays SewerTrashWaterElectricityGas/Propane Zoning Assessor

San Diego MLS logo Listing provided courtesy of Matt Cuong Ly of Coldwell Banker Realty: 626-821-1216. Listing information © 2026 San Diego MLS Inc. Source:


San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2026 San Diego MLS, Inc. Licensed in the state of California.
 
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