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1 sqft

$7,500,000

160 S Michigan Avenue, Pasadena CA, 91106

Price per sqft$7,500,000.00
Built in1965
Property size1 sqft
Property typeCondominium

Overview

Active

Listed Aug 8, 2025

Updated Jun 2

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.

$49,898/mo

Est. mortgage payment based on a $7,500,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
AR25178432

Interior Features

Heating
Yes
Basement
No

Exterior Features

Lot Size
0.22 Acres

Other Property Details

55+/Senior Community
No

Also listed on CLAW

Listed by Matt Cuong Ly, Coldwell Banker Realty, CA DRE 01441481

Listing Contact: [email protected] 

Based on information from the CRISNet MLS as of 6/2/2026, 7:25 PM UTC. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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