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Listed by: Matt Cuong Ly (626) 821-1216 DRE #01441481 | Coldwell Banker Realty (626) 445-5500
$7,500,000
Monthly Est:$37,330
17 Beds
10 Baths
1sqft
160 S Michigan Ave, Pasadena, CA 91106
$7,500,000
$37,330/moEst:
Get Pre-Approved
Apartment
Built in 1965
$-- HOA
9,524 sqft lot
$7,500,000/sq.ft
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.
- Houzeo last checked: 5 hours ago
- Listing updated: March 24, 2026 at 8:17 pm
- Source: California Regional MLS-CA | MLS#: AR25178432
Part of
Property Details
Status
Active
Type
Multi Family
No. of Stories
3
County
City
Neighborhood
Year Built
1965
HOA Fees
-
Finished Area
1 sqft
Lot Size
9,524 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
AR25178432
MLS Status
Active
Days on Market
425
Cumulative Days on Market
228
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 17
Bathrooms: 10
Interior
Sewer
Public Sewer
Heating
Forced Air
Flooring
Vinyl
Construction
Year Built
Year Built: 1965
Home type
Apartment
Construction Materials
Copper Plumbing
Utilities & Energy
Utilities
See Remarks
Parking Features
Assigned
Laundry Features
Inside
Pool Features
None
Fireplace Features
None
Water Source
Public
Other Features
Community Features
Urban
Tenant Pays
Electricity, Gas, Sewer, Trash Collection, Water
Lot Features
Eleven To Fifteen Units Acre
Price History
| Date | Event | Price |
|---|---|---|
08/08/2025 Source: | Listed for Sale | $7,500,000 -6.19% $7,500,000/sqft |
12/04/2024 Source: | Off Market | $7,995,000 $7,995,000/sqft |
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Based on information from California Regional Multiple Listing Service, Inc. as of Oct 08, 2026, 11:00AM and /or other sources. 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. 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. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 California Regional Multiple Listing Service. All Rights Reserved.
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