Property photo 1
Property photo 2
Property photo 3
Property photo 4
Property photo 5
Listed by Coldwell Banker Realty, Matt Cuong Ly, Listing Contact: 626-821-1216

$7,500,000

160 S Michigan AVE, Pasadena CA, 91106

Price per sqftN/A
Built in1965
Property typeMulti-family

Overview

Active

Listed Aug 8, 2025

Updated 9 days ago

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
CRAR25178432

Interior Features

Heating
Yes
Basement
No

Exterior Features

Lot Size
0.22 Acres
MLS provider logo

Listed by Coldwell Banker Realty, Matt Cuong Ly DRE:01441481,
Listing Contact: 626-821-1216 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Province Real Estate shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the MLS Listings, Inc. MLS system. Real estate listings held by brokerage firms other than Province Real Estate are marked with the Internet Data Exchange icon (a stylized house inside a circle) and detailed information about them includes the names of the listing brokers and listing agents.

©2026 MLS Listings, Inc. All rights reserved. 2026

Data last updated 1:28 PM UTC, 9/28/2026

 

 

Powered by Luxury Presence