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Listed by Coldwell Banker Realty, Matt Cuong Ly, Listing Contact: 626-821-1216 
8 Beds
4 Baths

$7,500,000

160 S Michigan Avenue, Pasadena CA, 91106

Property typeMulti-family

Overview

Active

Listed Aug 8, 2025

Updated Aug 11

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

Bedrooms
8
Bathrooms
4
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.22 Acres

Also listed on CRMLS

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Data last updated 5:16 AM UTC, 8/11/2026

   

 

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