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Millman Team Real Estate

$7,500,000
0.22 Acre Lot

160 S Michigan Avenue, Pasadena, California 91106

  • Residential Income Property Type
  • Assigned Cars Garage
  • 1965 Year Built
Property 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.

Basic Details
Residential Income
For Sale
AR25178432
$7,500,000
1965
0.22 Acre
Active
1
Apartment
Features
: None
: Forced Air
: None
: Assigned
15.0
: Vinyl
: Inside
: Public Sewer
: See Remarks
$0
Address Map
CA
Los Angeles
Pasadena
91106
Michigan
160
Avenue
W119° 52' 28.1''
N34° 8' 34.8''
Michigan Ave. & Cordova Ave.
648 - Pasadena (SE)
S
PSR4
Additional Information
$0
$0
$0
$0
$0
1
: Urban
: Copper Plumbing
1
: Three Or More
: 11-15 Units/Acre
15
2025-08-08
3
: Public
Broker/Agent Information
Coldwell Banker Realty
Matt Cuong Ly
Listing Information
A37406
3102
Cash, Cash to New Loan, 1031 Exchange
Active
2026-03-24T20:17:34Z
CRMLS
: Standard
2025-08-08T15:08:28Z
Agent info
Ray Millman
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