160 S Michigan Avenue
Pasadena, CA 91106
- – beds
- – baths
- – sqft
- 9,524 sqft lot
- 1965 build
- – on site
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.
Listed By CRMLS_CA / Matt Cuong Ly / Coldwell Banker Realty / matt.ly@cbcnrt.com
Last checked:
Checking…
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Last updated Dec 13, 2024
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MLS# AR24243115 —
The Building
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Year Built:1965
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Year Built Source:Assessor
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New Construction:No
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Building Area Total:14742.00
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Building Area Units:Square Feet
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Total Number Of Units:15
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# of Buildings:1
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Roof:Rolled/Hot Mop
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Foundation:Combination
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Stories Total:3
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Entry Level:1
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Common Walls:2+ Common Walls
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Faces:West
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# of Separate Gas Meters:1
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# of Separate Water Meters:1
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# of Separate Electric Meters:16
Interior
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Levels:Three Or More
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Entry Location:Front
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Fireplace:No
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Fireplace:None
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Laundry:Inside
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Laundry:1
Location
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Directions:Michigan Ave. & Cordova St.
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Latitude:34.14300100
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Longitude:-118.12554100
The Property
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Property Type:Residential Income
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Subtype:Apartment
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Property Condition:Turnkey
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Zoning:PSR4
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Lot Features:11-15 Units/Acre
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Lot Size Area:9524.0000
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Lot Size Acres:0.2186
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Lot Size SqFt:9524.00
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Lot Size Source:Assessor
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View:1
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View:Mountain(s)
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Property Attached:1
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Additional Parcels:No
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Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Block:1
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Tax Census Tract:4635.00
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Tax Lot:16
The Listing
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Special Listing Conditions:Standard
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Parcel Number:5735009014
Heating & Cooling
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Heating:1
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Heating:Wall Furnace
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Cooling:Yes
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Cooling:Wall/Window Unit(s)
Utilities
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Utilities:Electricity Connected, Sewer Connected, Water Connected
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Sewer:Public Sewer
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Water Source:Public
Appliances
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Appliances:Gas Range
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Included:Yes
The Community
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Features:Urban
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Pool:None
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Senior Community:No
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Private Pool:No
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Spa Features:None
Parking
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Parking:Yes
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Parking:Assigned
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Parking Spaces:15.00
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Carport Spaces:15.00
Extra Units
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Average 2 Bed Area:950
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Average 3 Bed Area:1150
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
12/4/24
Dec 4, 2024
|
Listed / Active | CRMLS_CA | $7,995,000 |