Listed By:
Coldwell Banker Realty, matt.ly@cbcnrt.com, Matt Cuong Ly
Local Realty Services Provided By:
Keller Williams Realty
Overview
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Neighborhood
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160 S Michigan Avenue, Pasadena, CA 91106
160 S Michigan Avenue, Pasadena, CA 91106
Estimation provided by Keller Williams Realty Inc.
Active
For Sale
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.
Property Details
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Overview
Property Type
Apartment
Property Size
Year Built
1965
Days on Site
112 Days
HVAC
Wall Furnace, Wall/Window Unit(s)
Parking
15 Parking Spaces
Activity History
VIEWS
SAVES
SHARES
Data provided by Keller Williams Realty, Inc.
Upcoming Open Houses
(Local time)
No open houses are currently scheduled for this property. Don't worry - you can always schedule a tour, or get additional help from your agent.
Estimated Monthly Payment
Purchase Price:
$7,995,000
Principal + Interest
Property Tax
Home Insurance
HOA/Condo Fee
Mortgage Insurance
Monthly Payment
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Price & Tax History
Date
Event
Price
12/04/2024
Listed
(+77.67% )
04/10/2020
Sold
Year
Property Tax
Assessed Value
Assessed Value is a combination of the land and additions.
2023
(+3.54% )
Land 3,311,211 +
Additions 1,419,470
2022
(+4.3% )
Land 3,182,634 +
Additions 1,364,366
2021
(+37.54% )
Land 3,182,634 +
Additions 1,364,366
2019
(+49,969.65% )
Land 617,518 +
Additions 2,707,355
2017
Land 581,902 +
Additions 2,551,202
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.
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Transit & Commute
Estimated commute times from Caltech
Car-Dependent
Walkable
Very Walkable
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