160 S Michigan Avenue
Pasadena, CA 91106
0
Bed
0
Bath
1Acre
9,524Sqft(Lot)
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.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Heating & Cooling
Has Heating: Yes Heating: Forced Air
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Building Information
Year Built: 1965Building Area Total: 1Construction Materials: Copper PlumbingPool Features: NonePrivate Pool: No
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Lot Information
Main Square Feet: 9524 Lot Size Acres: 0.2186 Lot Size Source: Assessor Lot Size Square Feet: 9,524 Lot Description: 11-15 Units/Acre
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Listing Price Information
Listing Price: $7500000Cash, Cash to New Loan, 1031 Exchange
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Tax Information
Parcel Number: 5735009014 Tax Lot: 16 Tax Block: 1
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Virtual Tour
Parking Information
Parking Total: 15 Assigned
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Utility Information
See Remarks -
Location Information
Direction: Michigan Ave. & Cordova Ave. WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 66 N Allen Avenue #3, Pasadena, CA, 91106 | $999,000 | 3 | 3 | 1,700 | 1,700 SqFt |
| 125 N Allen Avenue #213, Pasadena, CA, 91106 | $489,000 | 1 | 1 | 864 | 864 SqFt |
| 125 N Allen #312, Pasadena, CA, 91106 | $550,000 | 2 | 2 | 1,147 | 1,147 SqFt |
| 65 N Allen Avenue #305, Pasadena, CA, 91106 | $558,000 | 2 | 2 | 1,159 | 1,159 SqFt |
| 170 N Sierra Bonita Ave.., Pasadena, CA, 91106 | $750,000 | 3 | 3 | 1,315 | 1,315 SqFt |
| 102 Harkness Avenue #G, Pasadena, CA, 91106 | $728,000 | 2 | 3 | 1,106 | 1,106 SqFt |
| 70 Harkness Avenue #4, Pasadena, CA, 91106 | $859,000 | 4 | 3 | 1,667 | 1,667 SqFt |
| 333 N Hill Avenue #203, Pasadena, CA, 91106 | $659,000 | 2 | 2 | 940 | 940 SqFt |
| 272 N Chester Avenue #101, Pasadena, CA, 91106 | $849,000 | 2 | 3 | 1,560 | 1,560 SqFt |
| 614 620 N Mar Vista, Pasadena, CA, 91106 | $4,800,000 | 3 | 2 | -- |
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ByOwner last updated this listing 07/25/2026 @ 11:18
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