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.
Address Map
USA
CA
Pasadena
91106
91106
160 S Michigan Avenue
Pasadena, California, 91106, United States
1 Sqft
$7,500,000
Listing ID #1911208
Basic Details
Property Type : Residential
Listing Type : For Sale
Listing ID : 1911208
Ref ID : ae529e59-a32c-4313-9b49-8333f50b3043
Price : $7,500,000
Square Footage : 1 Sqft
Lot Area : 9,522.22 Sqft
MLS : AR25178432
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