160 S Michigan Avenue, Pasadena Property Listing: MLS® #AR25178432

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.

160 S Michigan Avenue, Pasadena Property Listing: MLS® #AR25178432 Close
Page Summary
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  • MLS® #: AR25178432
  • 160 S Michigan Avenue
  • Pasadena, CA 91106
  • $7,500,000
  • 8 Beds, 4 Bath, 0.22 Acres
  • Office: Coldwell Banker Realty

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.

Supplemental Remarks

Essential Information

  • MLS® #AR25178432
  • Listing Price$7,500,000
  • Date ListedAugust 8th, 2025
  • Days on Market1
  • Bedrooms8
  • Bathrooms4.00
  • Acres0.22
  • Lot Sq.Ft.9,522
  • TypeResidential Income
  • Sub-TypeRes Income 2-4 Units
  • StatusActive

Dues

  • Mello Roos Dues$3,372
  • Total Monthly Dues$281

Community Information

  • Address160 S Michigan Avenue
  • AreaPASADENA (91106)
  • CityPasadena
  • CountyLos Angeles
  • StateCA
  • Zip Code91106

Amenities

  • PoolN/K

Interior

  • HeatingForced Air Unit
  • FireplaceYes
  • Stories3 Story
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Nearby Schools in Pasadena

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Listing information last updated on August 28th, 2025 at 12:46pm PDT.