160 S Michigan Avenue, Pasadena, CA

$7,500,000

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8

Beds

4

Baths

0.22

Acres

About 160 S Michigan Avenue

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 of 160 S Michigan Avenue

MLS® # AR25178432
Price $7,500,000
Bedrooms 8
Bathrooms 4.00
Acres 0.22
Type Residential Income
Sub-Type Res Income 2-4 Units
Status Active

Community Information

Address 160 S Michigan Avenue
Area PASADENA (91106)
City Pasadena
County Los Angeles
State CA
Zip Code 91106

Amenities

Is Waterfront No
Has Pool No
Pool N/K

Interior

Heating Forced Air Unit
Fireplace Yes
Stories 3 Story

Additional Information

Date Listed August 8th, 2025
Days on Market 1
Zoning Assessor
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeColdwell Banker Realty

Listing Map

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