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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Water/Sewer
Water Source: Public Sewer: Public Sewer -
Interior Features
Fireplace: None Flooring: Vinyl -
Heating Source
Forced Air Has HeatingFireplace
Fireplace Features: None Has Fireplace: 0
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Building Information
Year Built: 1965 Building Area Total: 1 Construction: Copper Plumbing -
Pool Features
NoneLaundry Features
Inside
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Lot Details
Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.2186 -
Lot Size Source: Assessor Lot Size Square Feet: 9524
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Listing Price Information
Original List Price: 7,500,000 Listing Contract Date: 2025-08-08 -
Lease Information
Listing Agreement: Exclusive Right To Sell
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Tax Information
Parcel Number: 5735009014
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Garage and Parking
Garage Description: AssignedHomeowners Association
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Rental Info
Lease Term: Negotiable Tenant Pays: Electricity,Gas,Sewer,Trash Collection,Water
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Other Property Info
Source Listing Status: Active Source Neighborhood: 648 - Pasadena (SE) Directions: Michigan Ave. & Cordova Ave. Zoning: PSR4 Source Property Type: Residential Income Area: 648 - Pasadena (SE) Property SubType: Apartment -
Building and Construction
Property Age: 61 Common Walls: 2+ Common Walls Structure Type: Apartment Year Built Source: Assessor Entry Level: 1 Entry Location: Ground Property Attached: Yes Levels or Stories: Three Or More
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 125 Allen #306, Pasadena, CA, 91106 | $599,000 | 2 | 2 | 1,147 | 1,147 SqFt |
| 125 N Allen Avenue #213, Pasadena, CA, 91106 | $489,000 | 1 | 1 | 864 | 864 SqFt |
| 125 N Allen Avenue #115, Pasadena, CA, 91106 | $499,000 | 1 | 1 | 864 | 864 SqFt |
| 125 N Allen #312, Pasadena, CA, 91106 | $550,000 | 2 | 2 | 1,147 | 1,147 SqFt |
| 87 S Allen Avenue #205, Pasadena, CA, 91106 | $675,000 | 2 | 2 | 1,030 | 1,030 SqFt |
| 333 N Hill Avenue #203, Pasadena, CA, 91106 | $680,000 | 2 | 2 | 940 | 940 SqFt |
| 259 N Holliston Avenue #1, Pasadena, CA, 91106 | $615,000 | 2 | 1 | 1,018 | 1,018 SqFt |
| 272 N Chester Avenue #101, Pasadena, CA, 91106 | $849,000 | 2 | 1 | 1,560 | 1,560 SqFt |
| 255 N Michigan #5, Pasadena, CA, 91106 | $899,000 | 3 | 3 | 1,340 | 1,340 SqFt |
| 64 N Mar Vista #130, Pasadena, CA, 91106 | $540,000 | 2 | 2 | 890 | 890 SqFt |
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ByOwner last updated this listing 06/09/2026 @ 21:44
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