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160 S Michigan Avenue, Pasadena CA 91106
160 S Michigan Avenue, Pasadena CA 91106
160 S Michigan Avenue, Pasadena CA 91106
160 S Michigan Avenue, Pasadena CA 91106
160 S Michigan Avenue, Pasadena CA 91106
160 S Michigan Avenue, Pasadena CA 91106
160 S Michigan Avenue, Pasadena CA 91106
160 S Michigan Avenue, Pasadena CA 91106
160 S Michigan Avenue, Pasadena CA 91106
160 S Michigan Avenue, Pasadena CA 91106
160 S Michigan Avenue, Pasadena CA 91106
160 S Michigan Avenue, Pasadena CA 91106
160 S Michigan Avenue, Pasadena CA 91106
160 S Michigan Avenue, Pasadena CA 91106
160 S Michigan Avenue, Pasadena CA 91106
160 S Michigan Avenue, Pasadena CA 91106
160 S Michigan Avenue, Pasadena CA 91106
California>Pasadena>Grant Park

160 S Michigan AvenuePasadena, CA 91106

For Sale

$7,500,000

Smart Buyer Rebate $75,000

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

·

License #01441481

·

Coldwell Banker Realty

·

matt.ly@cbcnrt.com

Last updated August 08, 2025

·

Source: CRMLS #AR25178432

Listing Facts

  • TypeMulti-family
  • NeighborhoodGrant Park
  • Days on Prevu103

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

10/29/2025
Status changed to Active
$7,500,000
10/21/2025
Status changed to Removed from Feed
$7,500,000
10/21/2025
Status changed to Active
$7,500,000
10/19/2025
Status changed to Removed from Feed
$7,500,000
10/18/2025
Status changed to Active
$7,500,000
10/16/2025
Status changed to Removed from Feed
$7,500,000
10/05/2025
Status changed to Active
$7,500,000
10/03/2025
Status changed to Removed from Feed
$7,500,000
09/21/2025
Status changed to Active
$7,500,000
09/19/2025
Status changed to Removed from Feed
$7,500,000
09/18/2025
Status changed to Active
$7,500,000
09/17/2025
Status changed to Removed from Feed
$7,500,000
09/16/2025
Status changed to Active
$7,500,000
09/15/2025
Status changed to Removed from Feed
$7,500,000
09/12/2025
Status changed to Active
$7,500,000
09/06/2025
Status changed to Removed from Feed
$7,500,000
09/05/2025
Status changed to Active
$7,500,000
09/04/2025
Status changed to Removed from Feed
$7,500,000
09/01/2025
Status changed to Active
$7,500,000
08/29/2025
Status changed to Removed from Feed
$7,500,000
08/08/2025
Listed by Coldwell Banker Realty
$7,500,000

Property Details for 160 S Michigan Avenue

Association

Amenities

  • Community Features: Urban

Exterior

Construction

  • Number Of Units Total: 15
  • Property Attached: Yes
  • Stories Total: 3
  • Year Built: 1965
  • Common Walls: 2+ Common Walls
  • Construction Materials: Copper Plumbing
  • Entry Level: 1
  • Entry Location: Ground

Measurements

  • Building Area Total: 1
  • Building Area Units: Square Feet
  • Lot Features: 11-15 Units/Acre
  • Lot Size Acres: 0.21
  • Lot Size Area: 9,524
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 9,524
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 5.19
  • Operating Expense: $211,495.00

Taxes

  • Parcel Number: 5735009014

Interior

Features

  • Flooring: Vinyl

Other

Location

  • Tax Block: 1
  • Tax Lot: 16

Parking

Parking

  • Carport Spaces: 15
  • Carport: Yes
  • Parking Features: Assigned
  • Parking Total: 15

Utilities

Equipment

  • Heating: Forced Air
  • Has Heating: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Utilities: See Remarks
  • Water Source: Public

Based on information from California Regional Multiple Listing Service, Inc. 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 Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.