160 S Michigan Avenue

Pasadena, CA 91106

  • 0 Bed(s)
  • 0 Bath(s)
  • 14,742 Sqft
  • 9524
    Sqft(Lot)
$7,995,000

Description

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 Type

    Residential Income

  • County

    Los Angeles

  • Style

    Residential Income

  • AD ID

    47959422

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Property Details

  • Water/Sewer

    • Water Source : Public
    • Sewer : Public Sewer

    Interior Features

    • Roof : Rolled/Hot Mop
    • Property Appliances: Gas Range
    • Fireplace: None

    Cooling Features

    • Wall/Window Unit(s)
    • Air Conditioning

    Heating Source

    • Wall Furnace
    • Has Heating

    Fireplace

    • Fireplace Features: None
    • Has Fireplace: 0

  • Building Information

    • Year Built: 1965
    • Building Area Total: 14,742
    • Roof: Rolled/Hot Mop

    Foundation

    • Combination

    Pool Features

    • None

    Laundry Features

    • Inside

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.2186
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 9524

  • Listing Price Information

    • Original List Price: 7,995,000
    • Listing Contract Date: 2024-12-04

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 5735009014

  • Garage and Parking

    • Garage Description: Assigned

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable
    • Tenant Pays: Electricity

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: 648 - Pasadena (SE)
    • Directions: Michigan Ave. & Cordova St.
    • Zoning: PSR4
    • Source Property Type: Residential Income
    • Area: 648 - Pasadena (SE)
    • Property SubType: Apartment

    Building and Construction

    • Property Age: 59
    • Common Walls: 2+ Common Walls
    • Property Condition: Turnkey
    • Structure Type: Apartment
    • Year Built Source: Assessor
    • Entry Level: 1
    • Entry Location: Front
    • Property Attached: Yes
    • Levels or Stories: Three Or More
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BuyOwner last updated this listing 12/18/2024 @ 05:11

  • MLS: AR24243115
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 0 bedrooms which is for sale, it has 14,742 sqft, 9,524 sized lot, and 0 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Pasadena , in zip code 91106, this Los Angeles County Home are nearby neighborhoods.