160 South Michigan Avenue
$7,995,000
19
24
14,742
14,742
$542
New
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...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 Matt Cuong Ly • DRE #01441481 • Brokerage DRE #00616212 • Coldwell Banker Realty • matt.ly@cbcnrt.com
Property Details for 160 South Michigan Avenue
View
Mountain(s)
Parking Spaces Total15
Private PoolNo
Cooling TypeWall/Window Unit(s)
Total Units15.0
Building TypeAttached
Lot Size SourceAssessor
Living Area14742
LISTING UPDATED: 12/04/2024 01:52 AM
Property Details for 160 South Michigan Avenue
Status | Active |
---|---|
MLS # | AR24243115 |
Days on Market | Listed Today |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income / Apartment |
Year Built | 1965 |
County | Los Angeles County |
Building Information for 160 South Michigan Avenue
Building/Complex160 S Michigan AveFloor-Stories3Residences-Pet Policy-Year Built1965Building Size-
Property Information for 160 South Michigan Avenue
Property History for 160 South Michigan Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 160 South Michigan Avenue
Taxable ValueLand$3,377,435Additions$1,447,851Total$4,825,286
Tax Record2024$56,232 ($4,686 / month)
Home Facts
Total Finished SqFt14,742 SqFtAbove Grade Finished SqFt14,742 SqFtLot Size9,521 SqFtStyleMulti-Family Res (5+ Units)Year Built1965ZoningPSR4CountyLOS ANGELESAPN5735-009-014
Schools near 160 South Michigan Avenue
This home is within Pasadena Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 8 | |||
Public - | 6 to 12 | |||
Public - | 9 to 12 | |||
Public - | 6 to 12 |
Rating | School | Distance |
---|---|---|
McKinley School PublicK to 8 | ||
Blair High School Public6 to 12 | ||
Rose City High (Continuation) School Public9 to 12 | ||
Marshall Fundamental School Public6 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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