About 160 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 Michigan Avenue
| MLS® # | AR25178432 |
|---|---|
| Price | $7,500,000 |
| Bedrooms | 17 |
| Bathrooms | 10.00 |
| Acres | 0.22 |
| Year Built | 1965 |
| Type | Residential Income |
| Sub-Type | Apartment |
| Status | Active |
Community Information
| Address | 160 Michigan Avenue |
|---|---|
| Area | 648 - Pasadena (SE) |
| City | Pasadena |
| County | Los Angeles |
| Zip Code | 91106 |
Amenities
| Utilities | See Remarks |
|---|---|
| Parking Spaces | 15 |
| Parking | Assigned |
| Garages | Assigned |
| Is Waterfront | No |
| Has Pool | No |
| Pool | None |
Interior
| Interior | Vinyl |
|---|---|
| Heating | Forced Air |
| Has Basement | No |
| Fireplace | No |
| Fireplaces | None |
| # of Stories | 3 |
| Stories | Three Or More |
Exterior
| Exterior | Copper Plumbing |
|---|---|
| Lot Description | ElevenToFifteenUnitsAcre |
| Construction | Copper Plumbing |
Additional Information
| Date Listed | August 8th, 2025 |
|---|---|
| Days on Market | 88 |
| Zoning | PSR4 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Matt Cuong Ly |
|---|---|
| Office | Coldwell Banker Realty |