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.
Features
: Wall Furnace
: Wall/window Unit(s)
: Mountain(s)
: Inside
: Assigned
: Rolled/hot Mop
Address Map
CA
Los Angeles
Pasadena
91106
160 S Michigan Avenue
0
W119° 52' 28''
N34° 8' 34.8''
Michigan Ave. & Cordova St.
MLS Addon
Coldwell Banker Realty
Matt Cuong Ly
matt.ly@cbcnrt.com
CR186284
CR4696
: Other
: Public
Commercial Sale For Sale
160 S Michigan Avenue, Pasadena, California 91106
14,742 Sqft
$7,995,000
Listing ID #CRAR24243115
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : CRAR24243115
Price : $7,995,000
Square Footage : 14,742 Sqft
Year Built : 1965
Lot Area : 9,524 Sqft
Status : Active
Property SubType : Other