For sale
  • Listing Provided by: 

    Matt Cuong Ly DRE #01441481 matt.ly@cbcnrt.com,

    Coldwell Banker Realty

    Price cut: $495K (8/8)
    $7,500,000

    160 S Michigan Ave, Pasadena, CA 91106

    39beds
    24baths
    1sqft
    : 
    Multi Family
    Built in 1965
    -- sqft lot
    $-- Zestimate®
    $7,500,000/sqft
    $-- HOA

    What's special

    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.
    2 days
    on Zillow
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