Try Advanced Home Search
Hometuity Connects Directly To The MLS and Updates Every 5 Minutes
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.
Features
: Wall Furnace
: Wall/window Unit(s)
: Mountain(s)
3
1
: Inside
0
: Urban
Additional Information
Coldwell Banker Realty
0
A37406
3102
Matt Cuong
5735009014
: Standard
Three Or More
35
Multi-Family For Sale
160 Michigan Avenue, Pasadena, California 91106
14,742 Sqft
$7,995,000
Listing ID #AR24243115
Basic Details
Status : Active
DaysOnMarket : 0
Property Type : Multi-Family
Listing Type : For Sale
Listing ID : AR24243115
Price : $7,995,000
Living Area : 14,742 Sqft
Lot Size : 9,524 Sqft
Year Built : 1965
Country : US
State : California
County : Los Angeles
City : Pasadena
Zipcode : 91106
Price Per Square Foot : $542
ModificationTimestamp : 2024-12-09 15:13:46